Yahoo Rumoured In Talks To Buy Digg For $30-$35 Million

[mandy]

Yahoo Will Buy Digg - Announcement Early Next Week

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.

full article: http://www.feedblog.org/2006/01/yahoo_will_buy_.html

Adding to the ‘no comment’ from Yahoo is also a mixed comment (as in real blog comment) from Digg’s Kevin Rose in the rumor story which is running on Digg : “Rumors… we are focused on features, not selling the company.“...

If the aquisition or partnership rumors have any truth to them, Digg with the addition of Flickr, del.icio.us, Upcoming.org, and Yahoo Answers would give Yahoo a cornered market on Web 2.0 offerings.

full article: http://www.searchenginejournal.com/index.php?p=2833

[regic]

CNNMoney and CNET are reporting on the rumors of a deal now, but no actual news so far.