Yahoo Buying Digg Or Not

By Om Malik | Wednesday, January 25, 2006 | 11:34 PM PT | 4 comments |

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.”

Digg

Comments (4)

Link to this article using http://om.bit.ly/2f2kKO

Linkbacks (7)

Subscribe to comments feed

Leave a Reply


Post to GigaOM with your Facebook account

Editorial Masthead

Sebastian Rupley
Editor in Chief
Carolyn Pritchard
Managing Editor
Celeste LeCompte
Special Projects Editor
Desiree DeNunzio
Copyeditor
Om Malik
Senior Writer
Stacey Higginbotham
Staff Writer
Ryan Lawler
Staff Writer
Wagner James Au
Contributing Editor
Liz Gannes
Staff Writer
Chris Albrecht
Staff Writer
Katie Fehrenbacher
Staff Writer
Josie Garthwaite
Staff Writer
Close
E-mail It