The Rise, Fall & Rebirth of Digg
Digg used to be a popular social networking website that allow its community to submit and vote news stories. Launched in 2004 by Kevin Rose, the social media pioneer once a great resource of getting traffic and backlinks for blogs or websites. The social news aggregation was once valued at over $160 million in 2008, was acquired by Betaworks for only $500,000 in 2012. Rediscover the rise and fall and rebirth of Digg—from becoming the darling of ‘Web 2.0’ to the V4 redesign that cause its collapse to relaunching under new management. See also What Happens Every 60 Seconds on the Internet and 100+ Facts and Statistics About Reddit
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