Betaworks has acquired Digg

Betaworks,  has acquired the social news site Digg.com for an undisclosed amount. Betaworks’ founder John Borthwick will become the new CEO of Digg. So Digg was announced through its official blog. Betaworks founder John Borthwick will become the new CEO of Digg. The site's current general manager Matt Williams will join Andreessen Horowitz as Entrepreneur in Residence after the transition is complete Betaworks. Digg founder Kevin Rose joined Google a few months after the search engine of its most recent acquisition was updated. 


Some technology media as TechCrunch have said that there is a rumor that the price ranges at only U.S. $ 500 thousand, although it is doubtful that amount because that amount generated Digg just for publicity and has been said by the words of CEO Digg that the amount was high.Betaworks promises to take "back to the beginning"to Digg , with low budgets, a small team and rapid update cycles. None of the other employees of Digg, it seems, are moving to Betaworks. Instead, the team will take care of News.me site management. Since Betaworks is the company behind bit.ly, news.me, Chartbeat and a number of other successful products. Betaworks says Digg will soon release a new version of Digg, which will complement iPhone News.me 's, and iPad applications.