It seems BetaWorks is buying Digg for their technology, and not so much the brand.

That is the price for being the loser.

Update: it seems the Wall Street Journal didn’t get the full story, as TechCrunch reports the Washington Post paid $12 million for Digg’s team, and LinkedIn paid $4 million for it’s patents.

Weiran Zhang

Hi, I'm Weiran Zhang. I work as a Software Enginnering Manager at Capital One. I have a passion for iOS and building thriving software teams. This blog is a place for me to document things I've learned and things I find interesting. You should follow me on Twitter.