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.
Digg Down Deep and You’ll Find Steve Ballmer’s Not Monkeying Around | BoomTown | Kara Swisher | AllThingsD
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