So Google wants to get bigger, huh? News to me. Looks like they're about to buy Web 2.0 aggregation website Digg.com.
Check out this quote from Valleywag:
…we hear [Google’s Marissa] Mayer is pushing hard for an acquisition of Rose’s Digg, for a price below $200 million…A source familiar with the talks says Google and Digg reached an agreement last month; it’s not clear whether the offer was verbal or a formal termsheet. So why the delay? One possibility: Digg may have been exploring whether it could hire a rock-star CEO and raise more money.
I doubt the army of Digg users will be down with this, but it I dont see any reason why it wouldn't happen. Google is surely after the technology and algorithms that make Digg so effective. But a power so great can't be taken, it can only be given.
[ValleyWag]
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