Digg

• Which one of you rascals just bought Digg! The company, clearly in need of some new cushions for the corporate cafeteria, just sold itself for a mere $500,000. In 2008, it turned down Googles offer of two hundred million.
(Gizmodo)
• Digg Inc., a seven-year-old social- media company that struggled to compete with Facebook Inc. (FB) (FB) and Twitter Inc., will be acquired by Betaworks, a New York technology-investment company. Digg will merge with News.
(Businessweek)
• Social news site Digg has finally been purchased, in a deal that puts it under the ownership of New York-based Betaworks. The deal, which was announced on Diggs company blog this afternoon, will put Diggs technology inside of News.
(CNET News)
• How the mighty have fallen. The social sharing site Digg has sold for just $500,000 to New York startup incubator Betaworks. The small selling price just goes to show how quickly fortunes can turn for even the hottest web startups.
(Mashable)
• Social news site Digg has been acquired by Betaworks. In a company blog post, Digg's Matt Williams said, in part: We couldn't be happier to announce that the next generation of Digg will live on with the team from Betaworks.
(Time)
• Digg is being sold to Betaworks, the company behind Bitly, News.me, Chartbeat, Findings, SocialFlow, and BlogLovin'.
(WebProNews)
• For a while, Digg, the social news site, was one of the hottest things on the Web. But then it fell on hard times as services like Twitter and Facebook emerged and captured the Web's attention.
(New York Times Blogs)
• Betaworks, "a new medium company", has acquired the core assets of Digg for an estimated $500,000, aiming for mobile news aggregation. In a blog post by Betaworks, they write: betaworks has acquired the core assets of Digg.
(Forbes)
• The Digg Concept have been around for more than 7 years and since its launch became one of the most popular social networks worldwide.
(business2community.com)