Betaworks has acquired the core assets of Digg

Re:Betaworks has acquired the core assets of Digg by runn1ng on Thursday July 12, 2012 @04:55PM (#4236754)

"None of Digg's remaining employees will join Betaworks as part of the acquisition."

what did they acually buy? The know how? The technology? None of that is revolutionary today. And there is no community on digg right now whatsoever (unlike /. which still lives its own life).

Maybe the name is worth something, but I don't really think that it matters that much.

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Re:Betaworks has acquired the core assets of Digg by fasouto on Thursday July 12, 2012 @05:00PM (#4236787)

Well, Digg still have a lot of visitors, is a well-known page with high PageRank (8). So for only 500.000, I consider it a good deal.

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Re:Betaworks has acquired the core assets of Digg by unreal37 on Thursday July 12, 2012 @05:29PM (#4236954)

The domain name and brand recognition. For $500K, cheap.

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Re:Betaworks has acquired the core assets of Digg by vaksel on Thursday July 12, 2012 @11:40PM (#4238123)

yeah, something shady must be going on.

My guess is that you'll find similar people on Digg's and News.me boards. And this was just a way to a) write off Digg as a permanent loss off the books and b) transfer those assets cheaply to the other company, which might boost them from being a loser to being a winner

Noone sells Digg for $500K...not unless they are millions and millions in debt

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Re:Betaworks has acquired the core assets of Digg by ig1 on Thursday July 12, 2012 @05:09PM (#4236840)

7 million uniques a month disagree.

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