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DIGG Says Sale Rumors Are Not True
By Joseph Hunkins at March 09, 2008 0 CommentsDIGG’s Jay Adelson has strongly implied that they are _not_ about to be sold and called the rumors of a Google and Microsoft bidding war completely unfounded.
Also, we hear from Digg Co-founder Owen Byrne that the rumors appear to be false though he noted at his blog that he would not necessarily be in the loop with a sale decision.
Owen even suggested that the rumor of the sale brings into question the credibility of TechCrunch, though I’m guessing TechCrunch had a “good” lead on this story but not necessarily an accurate one. Supporting the rumor may be the fact that Google and Microsoft have not denied they are in talks to buy DIGG. Given that deals of this size will influence stock pricing one would expect them to quash a false rumor.
Perhaps there are simply a large number of nuanced discussions going on between big players most of the time, and clearly there is always a price at which DIGG or others will sell. Thus most of the rumors about “discussions” are not really true or false, though they are often misleading.
Labels: digg, digg.com, Microsoft
