Google in negotiations to acquire Digg.com for $200M
Apparently the Google taking over Digg rumor mill is back in full action. This time around the figures are much higher than before, now at $200 million. According to Tech Crunch sources, the deal should be made within weeks. Microsoft could step in and block the deal with their own offer, but that remains to be seen. The Microsoft ad deal, which provides Digg with most of its revenue, would be terminated if Google should buy out Digg. For those of you who may not know, Digg is a social content driven website where you ‘Digg’ articles you like and the popular ones get to the main page for others to view.
Full Article: Tech Crunch