12-27-2007, 10:08 AM
Quote:The popular content-sharing site, where users post and discuss links to articles, videos, and images, has been the subject of myriad rumors. Earlier this month, speculation abounded that Digg Chief Executive Jay Adelson and founder Kevin Rose were shopping the site for $300-plus million, with the help of investment bank Allen & Co. Then, on Christmas day, the blog message boards began buzzing about a report that Digg was acquiring Spanish-language counterpart, Menéame, and possibly purchasing content-sharing site coRank.
So what is really on Digg's agenda for 2008? Adelson says no acquisitions are in the works. And, much to the disappointment of those betting 2008 will be the year for Web IPOs, there are no plans to go public. However, Digg executives do have an eye on international expansion. Adelson also says there are plenty of new Digg features planned for early 2008: Next year will involve a "continuation and maybe even more of an exclusive focus on this idea of customization and personalization," says Adelson...
full article: http://www.businessweek.com/technology/c...technology