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June 17, 2013
13:31 • 2 days ago
April 25, 2013
18:13 • 1 month ago
March 14, 2013
15:16 • 3 months ago
November 26, 2012
13:14 • 6 months ago
After being sold for half a million dollars to Betaworks earlier this year, Digg is looking at something of a revival according to a new report from Buzzfeed. The once-mighty referral site, which was a precursor to the now ultra-popular Reddit, has fallen on hard times in recent years, but it looks like a summer relaunch has righted the ship (at least slightly) for Digg, which now refers a million hits to Buzzfeed Network sites — after a full reboot into a human-curated news site. Do you use the new Digg? (Photo via Buzzfeed) source

After being sold for half a million dollars to Betaworks earlier this year, Digg is looking at something of a revival according to a new report from Buzzfeed. The once-mighty referral site, which was a precursor to the now ultra-popular Reddit, has fallen on hard times in recent years, but it looks like a summer relaunch has righted the ship (at least slightly) for Digg, which now refers a million hits to Buzzfeed Network sites — after a full reboot into a human-curated news site. Do you use the new Digg? (Photo via Buzzfeed) source

August 29, 2012
16:59 • 9 months ago
newsweek:

Well played, old friend.

Digg: Riding the coattails of the stuff its awesome competitor is doing these days. For jokes. Good ones! But still, just for jokes.

newsweek:

Well played, old friend.

Digg: Riding the coattails of the stuff its awesome competitor is doing these days. For jokes. Good ones! But still, just for jokes.

August 1, 2012
01:08 • 10 months ago
Thoughts on Betaworks’ relaunched Digg? Pretty polished, simple, much more visual, not listy at all. The thumbs-up is still there, but it’s de-emphasized. No comments, but they’re apparently coming. A complete clean slate, with a thrown-away code base. Is Digg better without Kevin Rose? Was Betaworks’ half-million purchase of the site worth it? And would you use it again?

Thoughts on Betaworks’ relaunched Digg? Pretty polished, simple, much more visual, not listy at all. The thumbs-up is still there, but it’s de-emphasized. No comments, but they’re apparently coming. A complete clean slate, with a thrown-away code base. Is Digg better without Kevin Rose? Was Betaworks’ half-million purchase of the site worth it? And would you use it again?

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July 20, 2012
17:37 • 11 months ago
As betaworks and Digg both announced on their blogs, we are taking over Digg and turning it back into a startup. What they didn’t mention is that we’re rebuilding it from scratch. In six weeks.
This is going to be fascinating to watch. (via amzam)

Betaworks paid half a million for Digg’s content and traffic, so apparently they’re using all that money they didn’t have to spend on doing a complete reboot. Some of the comments are very cynical about their chances.

(Source: rethinkdigg)

July 13, 2012
08:35 • 11 months ago

  • workers The first part to go were the workers, who were sold to the Washington Post Company for about $12 million a couple months back, according to TechCrunch.
  • patents Previously unreported: A series of 15 of Digg’s patents, including the one for “click a button to vote up a story,” were sold to social network LinkedIn for roughly $4 million.
  • site Finally, the site itself — the code, the domain, the data, and the traffic — sold to Betaworks for between $500,000 and $750,000 — or the price of a nice house. source

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July 12, 2012
18:15 • 11 months ago
New York-based Betaworks set to purchase Digg’s remaining assets
The Wall Street Journal reports the price tag being in the vicinity of $500,000, but TechCrunch is already disputing that figure. That’s pretty low considering that a Business Week report infamously valued the company over $200 million six years ago. According to the report, Betaworks will fold Digg into News.me but will not retain any members of the Digg staff who still remain after the mass exodus to The Washington Post Company’s Social Code in May. (big hat tip to MartinezReport for the tip) source
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The Wall Street Journal reports the price tag being in the vicinity of $500,000, but TechCrunch is already disputing that figure. That’s pretty low considering that a Business Week report infamously valued the company over $200 million six years ago. According to the report, Betaworks will fold Digg into News.me but will not retain any members of the Digg staff who still remain after the mass exodus to The Washington Post Company’s Social Code in May. (big hat tip to MartinezReport for the tip) source

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April 30, 2012
22:17 • 1 year ago
Recent posts and stuff we dig:
March 16, 2012
10:14 • 1 year ago

  • what On Wednesday, after just five months in operation, Digg founder Kevin Rose’s app Oink abruptly shut down. This despite the fact that it had 100,000 downloads right off the bat. The abrupt closure angered users who felt betrayed by the move.
  • why Well, because Google bought out Rose’s company, Milk, including its staff. The deal was reported Thursday, allegedly the result of a bidding war with Facebook. Is the rise of the acqu-hire, seen earlier this week with Posterous, hurting end users? source

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October 25, 2010
21:14 • 2 years ago

  • six the number of people who work on Reddit’s entire site
  • 67 the number of people who work on Digg at the moment
  • 25 the number of staffers Digg will be cutting to get profitable source

» Cutting the “overhead”: Why is it that Reddit has a much smaller staff, yet is completely kicking Digg’s butt at the moment? Good question. Either way, Digg (which is unprofitable) is cutting 37 percent of its staff in an effort to rebuild lost momentum in the platform and cut significant costs. “It’s been an incredibly tough decision,” wrote Matt Williams, the company’s brand-new CEO. “I wish it weren’t necessary. However, I know it’s the right choice for Digg’s future success as a business.” Also, a product refocus is coming very soon to correct the last one.

10:32 • 2 years ago
Starting a company like Digg is less like building a traditional tech company (think Apple or HP) and more like launching a TV show. And perhaps, like TV shows, these companies are ephemeral in nature. People flock in for a while, then get bored and move on.
Newsweek scribe Daniel Lyons • Offering an interesting perspective on the decline of Digg, which he suggests may have been as much about the change of its audience as a failure of Digg to keep up. The TV show metaphor is actually a very good one. While not every company will fall prey to changing seasons, Web 2.0 companies are particularly apt to them due to their socially-oriented business models. Lyons suggestion at the end is most telling: “The big lesson of Digg may be simply this: if someone offers you a ridiculous amount of money for a company that wasn’t that hard to build, don’t think twice. Take the money and run.” source (via)
September 30, 2010
01:35 • 2 years ago

  • 2004Kevin Rose founds Digg, parlaying his minor TV fame into a major trendsetting social news Web site.
  • 2008 Rose reportedly  pushes very hard to sell his product to Google, but his own board turns the offer down.
  • 2010 Rose is reportedly burnt out, and rumors suggest that may quit Digg, which has had a very rough year. source

 

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