Thursday, January 26, 2006

Angelina Yahoo Adopts Digg Says Burtanator


hi kelly txtisgr8
Originally uploaded by redbarren.
The maestro of meme engines and RSS, Kevin Burton, says the inevitable acquisition of digg is to happen by Yahoo. I uttered often digg and youtube would be first to go this year, and next week we may hear re digg Kevin says. Time for Yahoo HR to get some employment contracts ready, IT some servers and laptops, while their "we're not competing in search" CFO can make a cheque out to the digg founders, who make their first share of $30m minus the (pretty decent eg 50% dilution) from VC round they did in 2005. Feedblog.org : "I've now heard from two sources close to Yahoo which tell me that Yahoo is going to be buying Digg for nearly $30M. I haven't yet heard from anyone working for Yahoo that this is 100% (they obviously had 'no comment') but I'd be surprised if we didn't hear an announcement by early next week."

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