Digg, Once Worth $164 Million, Sold To Betaworks For $500k

Jeff Bercovici, Forbes
Thu, 07/12/2012 - 2:49pm

Good news, MySpace: You've just been eclipsed as the biggest bust of the social media era. Digg, only a couple years ago the most popular social news site around, has been sold to Betaworks for $500,000, reports The Wall Street Journal. Its last round of funding, in 2008, valued the company at $164 million.

Topics: myspace digg betaworks the wall street journal million social news

Place your ad here
Loading...

BING NEWS:

Digging Digg
I know that to many people that name may sound like a joke, but, as it turns out, the new Digg run by betaworks is a great service with ... and it convinced me that using Digg for a while might be ...
09/25/2014 - 2:52 am | View Link
More

More Movie News

More Business News

Mortgages Move Up for Homeseekers: Today's Mortgage Rates on April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 06:36 AM
A few important mortgage rates increased. Here's what to expect if you're in the market for a home loan.
More | Talk | Read It Later | Share
Homeowners Face Higher Refi Rates: Mortgage Refinance Rates on April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 06:33 AM
Several benchmark refinance rates climbed this week, so it might be worth waiting.
More | Talk | Read It Later | Share
Keep Summer Drinks Ice Cold With $330 Off This Anker Portable Cooler - CNET
CNET, Thursday - 04/25/2024 - 05:56 AM
This portable cooler has a great capacity and is ideal for parties and beach trips, but it's only discounted today.
More | Talk | Read It Later | Share
Get Discounts on Your Next Adventure With Our Exclusive Viator Coupon - CNET
CNET, Thursday - 04/25/2024 - 05:39 AM
Visit attractions all over the world and save up to 12% on the usual cost.
More | Talk | Read It Later | Share
Best CD Rates Today -- Don't Sleep on APYs as High as 5.35%, April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 05:30 AM
Rates are on the way down, so the sooner you open a CD, the more interest you stand to earn.
More | Talk | Read It Later | Share
Best Savings Rates Today -- Now's the Time to Take Advantage of APYs up to 5.55%, April 25, 2024 - CNET
CNET, Thursday - 04/25/2024 - 05:00 AM
It's time to dump your traditional savings account with its paltry APY for a high-yield savings account.
More | Talk | Read It Later | Share

Digg, Once Worth $164 Million, Sold To Betaworks For $500k

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News