The rumors and all the Web 2.0 buzz is making my head spin. Earlier this morning I read that Yahoo was in serious talks to buy Digg, the pretty young thing among the social bookmarking sites. Kevin Rose, one of the founders of Digg.com refuted the rumor. End of the day, Kevin Burton says that he has heard from two folks that Yahoo is offering $30 million for Digg.com.
I am wondering why would Yahoo do this deal so soon after Del.icio.us acquisition? If there is any truth, and I mean a really big “if,” then why didn’t they buy Digg.com in the first place? I am totally erring on the side of caution on this one, and going with what Russell had posted earlier this morning. (Artwork by Russell, of course!)
Thomas Hawk says: “As it turns out this is probably not the case and this will go down as another of those rumors that was just that, a rumor.”
11 comments so far
12:39 AM PT
hohoho…notice that guy inserted the name of his own company (tailrank) in the list of “major players” (sorry dude, not exactly)…maybe that’s the primary motivation for his post…
1:12 AM PT
I noticed that as well. But other sites are also now reporting the “rumor” — could it all stem from the one blog?
2:30 AM PT
[...] Om Malik on Broadband : » Yahoo Buying Digg Or Not. [...]
3:36 AM PT
Yahoo! digging Digg?
Rumors abound today that Yahoo!’s talking to Digg for an acquisition. I would be surprised if they do, so soon after del.icio.us, especially for the $30-35m price tag being talked about. According to PaidContent.org, digg has just 140K users. The
7:49 AM PT
[...] http://gigaom.com/2006/01/25/yahoo-buying-digg-or-not/ [...]
7:57 AM PT
YA DIGG? Yahoo Buying Digg, Allegedly
9:36 AM PT
[...] Kevin Burton appearantly started the whole thing with information from two sources close to Yahoo. Om Malik and Russell Beattie both think it’s hyped up linkbaiting. And Ben Barren(with his beautiful women) thinks it makes sense. [...]
1:38 PM PT
Y! has Flickr, Delicious, and YouTube. Digg is/was the next likely candidate (see: http://plunar.blogspot.com/2006/01/youtube-sold.html)
Especially true since Digg just broke into the top 1000 most visited sites.
What next? Social bookmarks for locations? If so, check out: http://www.rrove.com
1:59 PM PT
Will Yahoo! Buy Digg?
I’ve been hearing about the recent rumors that Yahoo is in talks with Digg to be bought out for a rumored $30 billion. However, the rumors were denied by Kevin Rose.
10:19 PM PT
[...] There’s been lots of rumors flying around the last few days that Yahoo was in talks with Digg about at an acquisition. At first I thought it might be true, but Kevin Rose posted to the Digg blog to set the record straight. Keep on diggin’ everyone! [...]
5:57 PM PT
it is easier and cheaper to build it. it just takes only 2 days coding to create 50% of digg at http://www.opida.com
Leave a Comment