Social news sharing site Digg sold for $500,000 to Betaworks. The $500,000 purchase price amounts to pennies on the investment dollars that poured into the once popular news aggregation site.
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Social media site Digg—or at least, what's left of it—has been sold to BetaWorks for the bargain-basement price of just $500,000, sources tell the Wall Street Journal. The site, which allows users to post links and vote other submis... Read Post
In what appears to be a fire sale, Betaworks has reached an agreement to acquire fading news aggregator Digg for a mere $500,000, according to the Wall Street Journal, which describes the price tag for the former social media star ... Read Post
On Thursday, Digg, the once-hugely popular social news site, sold to startup incubator Betaworks for $500,000, according to The Wall Street Journal's sources. The $500,000 figure is absurdly low for a company that raised $45 million... Read Post