Category: Digg
Digg sold for $500,000
Social Bookmarking and news website, Digg has just sold for $500,000 USD plus equity to San Francisco company Betaworks. Digg was once a very popular social media website and had a massive US and international audience. Over the years the company received $45 million USD in venture capitalist funding. Apparently the site still gets over 16 million […]
Read More | Share10% of Digg staff laid off
According to Digg company reps, 10% of their staff have just be laid off. A month ago, Jay Adelson who was CEO of Digg was also let go and replaced by company founder Kevin Rose. Rose said to employees: “This is one of the hardest decisions we’ve had to make recently but we strongly believe […]
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