
Betaworks Acquires Digg, John Borthwick Promises, ‘We Are Reverting Digg to a Startup’
Just a couple of months after the Washington Post poached most of its staff, Digg proper–the “core assets,” anyway–finally has a fate: It’s been purchased by New York’s own Betaworks, to be combined with News.me.
As for what to expect: Betaworks CEO John Borthwick told Betabeat by email, “We are reverting digg to a startup, expect more things like paperboy,” a feature that lets you automatically update whenever you leave your house.
As for the price tag, well, that’s a little unclear. Mr. Borthwick refused to comment. However, someone with knowledge of the deal told Betabeat said that ballpark number of $500,000 had been floating around and that was the only figure the source had heard. That’s a long way from the $200 million Google is rumored to have once offered for the service, before an acquisition fell through. Read More






