Digg sold for $500,000

Betaworks, a New York technology development firm that has had its eyes set on news distribution for some time, has purchased former social new powerhouse Digg.com for $500,000, sources close…

Kevin Rose moved to Google Ventures

Kevin Rose has always been known as an “ideas guy”. His ventures haven’t always paid off as well as they could have with Revision3, Pownce, and Milk all selling for…

Slashdot may be for sale soon

One of the grandfathers of social news may be on the selling block as Geeknet announced today that they were evaluating “strategic alternatives” for their online media business that includes…