More Digg details
Under the three-year deal, Digg, which claims more than 17 million unique visitors a month, will likely get a big wad of guaranteed cash, much in the same way–though probably a lesser amount–as Microsoft handed over to social networking site’s Facebook in the wake of Google’s $900 million deal with MySpace.
The move appears to be a blow to Google, which lost the contextual ad business it had had with Digg, as well as Yahoo, which can’t seem to get some skin in this pricey game.