Google in Final Negotiations to Acquire Digg?

Google in Final Negotiations to Acquire Digg?

Techtree News Staff, Jul 23, 2008 0532 hrs IST

A $200 million deal which will bring Digg under the Google News banner

Google is in final negotiations to acquire Digg, according to TechCrunch. Such an acquisition by Google has been speculated earlier but has generally been denied by both parties in question. TechCrunch's sources, however, claim that the deal is close to done, and puts the acquisition price close to $200 million. This would bring Digg under the Google News domain. Interestingly, Microsoft, which was earlier interested in purchasing Digg itself, currently has a three year ad deal with Digg, and may pull out of the relationship if the sale to Google goes ahead.

All this does throw an interesting light at Google's experiments with a Digg-like interface for news -- Google clearly sees value in the model. We'll keep you updated on how this unfolds.



Write a comment

       (All fields are mandatory.)

Text Limit = 255 Characters

Type the characters you see in the picture below.

#

Characters are not case sensitive.

VIEW ALL LATEST

Vox Populi -- Windows Vista

News > Software , September 08, 2008 1912 hrs IST

32% -- I love the OS
45% -- Windows XP forever!
6% -- Linux all the way!
4% -- I use Mac OS X
13% -- I hate Windows Vista
...

Airtel Offers EMI Option for iPhone 3G

News > Consumer Electronics , September 08, 2008 2006 hrs IST

Just drop the price already! ...

India Closer to 3G, Starting Today

News > Telecom , September 08, 2008 1958 hrs IST

3G auction seem to have geared up in advance -- DoT holds pre-bid meeting ...

Next Xbox in 2011?

News > Gaming , September 08, 2008 1820 hrs IST

Whispers on the wind suggest a 2011 release date for the neXt box. Moreover, Intel wants in on the action as well ...

Social Networking for Spies

News > Internet , September 08, 2008 1816 hrs IST

Not a platform for spies to discuss the latest action flicks but aimed for intelligence agencies to share information ...

 

USER REVIEWS

MOST POPULAR NEWS

Hide
News

Could A DVR Save Your Marriage?

News | Consumer Electronics | 04 Sep 2008

...Or should you stick to your shrink?

News

Firefox Counters Chrome's Speed Test

News | Internet | 04 Sep 2008

According to Mozilla's SunSpider test, Firefox 3.1 is 28% faster than Chrome on ...

News

Nokia N96 for Rs. 40,000?

News | Telecom | 04 Sep 2008

False alarm everyone... We have learnt from Nokia that the N96 will be priced be...

MOST POPULAR REVIEWS

Hide

MOST POPULAR GAMES

Hide

MOST POPULAR DOWNLOADS

Hide
Downloads

Forbidden.exe

Downloads | Games | 02 Sep 2008

Downloads

md5deep

Downloads | System Tools | 04 Sep 2008

Downloads

RivaTuner

Downloads | System Tools | 03 Sep 2008