Can Digg make a comeback?
Digg's painful downfall has finally hit rock bottom. Does that mean Digg can only go up now?
As you've probably heard, the once-mighty social news Web site has sold to Betaworks for a paltry $500,000. The total price of the acquisition was around $16 million, if you include The Washington Post's acquisition of the team and LinkedIn's acquisition of the patents.
That price is still a far cry from the $200 million that Google was ready to spend to acquire Digg in 2008. And those numbers seem paltry in comparison with the billion dollar deals … Read more