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Latest Social news Stories

2012-07-16 23:01:11

Social news website Digg confirmed in a blog post that they are being bought out by Betaworks. The estimated value of the deal is $500,000. Bohemia, NY (PRWEB) July 16, 2012 On Thursday, July 12, 2012, social news website Digg confirmed in a blog post that they are being bought out by Betaworks. The estimated value of the deal is $500,000. Digg, a site where users can discover and share content from anywhere on the Internet, was bought by Betaworks, a technology incubator located in New...

2011-11-01 08:47:00

SAN FRANCISCO, Nov. 1, 2011 /PRNewswire/ -- Today reddit is announcing its third annual online Secret Santa. The program, started by the independent group redditgifts, was officially acquired by Advance Publications after the success of last year's Secret Santa with over 17,000 participants in 90 different countries across the globe. Sign-ups for this year's Secret Santa begin today, November 1st and will remain open until November 25th. Participants are then matched up and invited to use...

2008-09-26 06:00:17

Social news sharing site Digg has raised $28.7m in a new round of funding that will allow the company to expand globally, increase workforce and move its headquarters to San Francisco. The investment led by Highland Capital Partners also included previous investors Greylock Partners, Omidyar Network, and SVB Capital. As part of the funding, Richard de Silva partner at Highland will join Digg's board. Highland has been an investor for online companies Ask Jeeves, Lycos, and MapQuest. The...