Google-Digg acquisition talks fall through
Published: 28 Jul 2008 08:20 BST
Google has ended negotiations to buy social-news site Digg.com, according to TechCrunch.
The two companies had reportedly been in the final stage of talks to bring Digg into the Google News group for $200m (£100m). Some sources said the trouble was due to technological incompatibilities, while another said it was more about a clash of personalities. Digg was informed of Google's decision late this week, according to the report.
Rumours of a bidding war between Microsoft, Google and two unidentified media companies began in March, sending some Digg users into a panic about what a new corporate overlord might mean for the site. With a no-go on the Google deal, Digg could either pursue other offers or go after another round of funding and keep chugging along on its own.
Neither company responded immediately to a request for comment.
Credit: Google-Digg acquisition talks fall through from CNET News
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