Social Bookmarking Site Digg is Being Dugg by Rupert Murdoch (MySpace, Fox News)

8:45 pm   -   October 31st, 2006

“Digging for dollars

Rumors have it that Digg, the social bookmarking Web site, has engaged in acquisition conversations with none other than Rupert Murdoch’s News Corp. Speculated sale price is around $150 million. As the service is free, valuation is most likely based on the size and loyalty of the claimed 20 million unique Digg users.”

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