Rumor : Digg May be for Sale
The Rumor mills are at work again, and this time its Digg which is making the rounds. Apparently Digg is up for sale for about $300 Million. Valleywag editor Owen Thomas tells that "a source rules out all the big Internet players–not Microsoft, not Google, not Yahoo, not News Corp.," and that CBS had "taken itself out of the running."
Thomas also went on to speculate who the actual buyers might be, and he thinks it might be the New York Times, or the Washington Post. The reason you are not seeing a big technology company here is because, Digg has always been a news oriented site and a Big Media company might be the ideal fit for Digg incase it does get sold.
Also Webware reports that the Digg CEO has decided not to comment on the rumors. This could still mean something, because normally companies on the verge of Acquisition deny all kinds of rumors regarding their Acquisition. It would be nice to see the poster child of Web 2.0 go, but I just hope that Digg lands in the hands of a company that would maintain the Digg brand and not manipulate it for its own needs.




3 Comments, Comment or Ping
Innovations & Interesting Ramblings
i want to buy digg…can I get the CEO’s number?
Nov 8th, 2007
Bakez
I’m pretty sure its going to happen sooner or later. I don’t know kevin rose but he strikes me as a guy who would take the deal.
Nov 8th, 2007
Urael
Dugg down for not being in the site’s best interests…oh, wait
Nov 9th, 2007
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