Rumor of the day on the internet: Search giant Google is just about to buy Web 2.0 aggregation site digg.com.
Here's the quote, from Valleywag:
…we hear [Google’s Marissa] Mayer is pushing hard for an acquisition of Rose’s Digg, for a price below $200 million…A source familiar with the talks says Google and Digg reached an agreement last month; it’s not clear whether the offer was verbal or a formal termsheet. So why the delay? One possibility: Digg may have been exploring whether it could hire a rock-star CEO and raise more money.
We imagine this won't sit well with digg.com's legion of users, but this rumor seems likely, and no doubt google is after the algorithms and tech that make digg work so well. Digg, started by G4 alumna Kevin Rose (he was a host of Attack of the Show), has been around since 2005.
Check out Rose below, and imagine what he'd do with $200 million!
Valleywag: Is Google about to swallow up Digg?