22 July 2012

Digg Redesign and Relaunch in August 2012

Digg was first launched in 2004 by 4 persons namely: Kevin Rose, Owen Byrne, Ron Gorodetzky and Jay Adelson. With over 350 million Diggs, 28 Million Submissions and 40 Million comments. In a short of time, Digg grew and became one of the famous websites around the globe that has 30million users a month. In addition, Digg has been credited as one of the First Social Networking Sites. 
Digg is a website service that allows people to share news and  promote stories bringing people around the world to be discovered.

In Digg's blog post, they announce that the Next Generation of Digg will be on Betaworks' portfolio. Betaworks is a New York based technology firm that creates companies that makes it famous in social web world. As their slogan stated:

We are not a fund and we are not an incubator; we are betaworks. We are makers. Creating companies, scaling germs of ideas, crafting the future of the social web. One good idea at a time.

Betaworks bought the social news site (Digg) for $500,000 only. The Betaworks team will combine Digg with News.me (iPad and iPhone App that delivers and alert readers the best news that shares in Facebook and Twitter.

As the former CEO Kevin Rose said in a blog post:
“I've always been a fan of John's product vision and the companies he builds, funds, and advises. John understands the real-time nature of the web and how to capture and surface trends as they occur. Given his experience with bit.ly, news.me, and Chartbeat I can't wait to see what he does with Digg.

Betaworks will redesign a New Cloud Based Version of Diff and to be relaunched in August 2012 that combines with the News.me service. 

Betaworks said In the Q&A blog post
This is the beginning of a new generation for Digg — a restoration of what was brilliant and disruptive and a reinvention of what was not.

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