Digg.
ORGANIZATION
Digg is a website made for people to discover and share content from anywhere on the Internet, by submitting links and storie
RELATED TO.
Yahoo!
ORGANIZATION
ORGANIZATION
ORGANIZATION
NYSE
ORGANIZATION
Google Inc.
ORGANIZATION
NASDAQ
ORGANIZATION
Barack Obama
PERSON
New York tech incubator Betaworks acquired the website Digg on Thursday in a deal that included the remaining brand assets, a humble close to what was once a celebrated online property that heralded the social media era.
Launched in 2004 by then 27-year old Kevin Rose, Digg rose to prominence as an aggregator of online content, becoming at one point one of the more highly-trafficked stops on the Internet. The site let users vote up - or Digg - links, an early precursor to how Facebook and Twitter help spread viral content today.
The deal was worth just $500,000, the Wall Street Journal reported.
FIRSTPOST. ARTICLES
View all
The sad decline of Digg: Sold for just $500,000
Jul-13, 2012Google+ grows explosively in first week
Jul-07, 2011What if women, actually, ruled the world?
Oct-02, 2011Eight marketing lessons from Facebook's IPO
Feb-03, 2012
FROM THE WEB.
Time Machine! Tumblr's David Karp In 2007
May-17,201310 things we didn't know last week
May-17,2013Coming up: Instagram founders, without filters
May-20,2013