Is Digg Looking To Get Dugg?
The blogsphere is perpetually atwitter with rumors of buyouts, and today was no different, with reports on several top tech-gossip sites that Digg is looking to sell to everyone from Microsoft to Barry Diller.
According to reports, Digg has quietly hired Allen & Co, the investment bank generally regarded as experts in media acquisitions. Some sites are reporting that the investment bankers have been making circumspect overtures aimed at selling the social media network for a reported $300 million. Speculation quickly grew to identify InterActive Corp. and Microsoft as potential buyers.
Of course, nobody is willing to confirm anything, and this sort of speculation goes on all the time — just look at last month's speculation about a potential Google buyout of eBay's beleaguered Skype.
Justin Ryan is a Contributing Editor for Linux Journal.
Practical books for the most technical people on the planet. Newly available books include:
- Agile Product Development by Ted Schmidt
- Improve Business Processes with an Enterprise Job Scheduler by Mike Diehl
- Finding Your Way: Mapping Your Network to Improve Manageability by Bill Childers
- DIY Commerce Site by Reven Lerner
Plus many more.
- Server Hardening
- Unikernels, Docker, and Why You Should Care
- diff -u: What's New in Kernel Development
- 22 Years of Linux Journal on One DVD - Now Available
- Controversy at the Linux Foundation
- Giving Silos Their Due
- Non-Linux FOSS: Snk
- Don't Burn Your Android Yet
- What's New in 3D Printing, Part III: the Software