Google in negotiations to acquire Digg, good!

Story byJoop

Business development manager in Shanghai, always up to play with shiny gadgets, firecrackers or eat Shabu shabu. (Japanese hotpot)(show all)Business development manager in Shanghai, always up to play with shiny gadgets, firecrackers or eat Shabu shabu. (Japanese hotpot)                                                                                                                                                                                                                                                                                                                                                                                                                                  • Check outjoop.in• Got Twitter? ♥ ->@Joop

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Democratic news website

Digg started as an experiment by Kevin Rose, Owen Byrne, Ron Gorodetzky, and Jay Adelson in the last quarter of 2004, and raised it’s initial funding of 2.8 million in the second quarter of 2005. When Yahoo bought Del.icio.us in 2005, many people expected Google to buy Digg. In contrary, it was Yahoo that was rumored to buy Digg in 2006. In 2008, Yahoo releases a Digg clone (one of many, including Netscape), while Jay Edelsondeniedtalking to them in March, it seems that Google is seriously interested in the democratic news site. Currently, the domain diggis estimatedto attract at least 239 million visitors per year.

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