Google, Microsoft Bidding For Digg

User-generated news site Digg has been working with influential investment bank Allen & Co. (the ones that recently got Slide a half billion dollar valuation) for a few months now, and pitching big tech and media companies on a sale.

And despite a number of false starts, this time a sale looks likely, and soon. We hear from a source very close to the deal that four companies are in heavy due diligence with Digg - two media/news companies, and two ... Full Story »

Posted by Fabrice Florin
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Posted by: Posted by Fabrice Florin - Mar 7, 2008 - 12:55 AM PST
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Edited by: David Cohn - Mar 7, 2008 - 1:09 AM PST

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Fabrice Florin
3.2
by Fabrice Florin - Oct. 1, 2008

Interesting rumor, though it is speculative and largely dependent on a single anonymous source. But Michael Arrington gets it right more often than most, so I'm willing to suspend my disbelief because of his track record.

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Barry Grossheim
2.0
by Barry Grossheim - Oct. 1, 2008

Interesting rumor but the folks a digg a posted a message denying this as totally inaccurate.

See Full Review » (7 answers)
David Cohn
3.3
by David Cohn - Oct. 1, 2008

I love this blog, but I can’t stand how it attributes things: “We hear from a source very close to the deal…” To me that sounds like: You heard from your roomates, cousin who works at a video store with Kevin Rose’s ex-girlfriend. Again: I think you rock, but considering the false starts in the past — how am I supposed to approach this post?

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