Will statistics mess kill Digg acquisition by News Corp?

Will statistics mess kill Digg acquisition by News Corp?

San Francisco news ranking start-up Digg has become a symbol of new-age Internet buzz, ever since its hyped cover story on BusinessWeek several weeks ago.

Now TechCrunch reports Digg has been in recent acquisition discussions with a number of companies, including News Corp. — with a price of $150 million being discussed.

Rumors abound of a possible sale. BusinessWeek cited sources saying Digg was worth $200 million, but that value was so out of whack with Digg’s… Continue Reading