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Will News Corp. dig Digg?

By mwelch October 25, 06 07:08 AM

Source: TechCrunch

diglogo2.jpgTechCrunch is reporting that Digg is in acquisition talks with a number of companies, including News Corp. But so far the company has been unable to land the $150 million they're looking for, so they will likely close a second round of financing instead. One issue? Digg claims 20 million unique monthly visitors and steep monthly growth, whereas the Comscore’s most recent September report shows only 1.3 million monthly unique visitors and flat growth since April.

Related:
Digg going deep
Digg moving map
The unimportance of Digg

http://www.techcrunch.com/2006/10/24/digg-does-the-acquisition-dance-with-news-corp/

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