Tuesday, July 29, 2008

Google Decides Against Buying Digg

Google (GOOG) last week decided not to go ahead with a $200 million deal to buy the social news aggregation site Digg.com, according to TechCrunch.

“Two sources close to the companies suggested that some issue that came up during technical due diligence was to blame,” TechCrunch reports. “One source said that the issue was more personality driven, and that Google decided after spending more time with Digg’s top team that there just wasn’t a fit.”

While we’re talking about Google, meanwhile, there is quite a flurry of publicity this morning for a new search engine started by some Google refugees called Cuil, which describes itself as the world’s biggest search engine.

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Tuesday, July 29, 2008

Google Decides Against Buying Digg

Google (GOOG) last week decided not to go ahead with a $200 million deal to buy the social news aggregation site Digg.com, according to TechCrunch.

“Two sources close to the companies suggested that some issue that came up during technical due diligence was to blame,” TechCrunch reports. “One source said that the issue was more personality driven, and that Google decided after spending more time with Digg’s top team that there just wasn’t a fit.”

While we’re talking about Google, meanwhile, there is quite a flurry of publicity this morning for a new search engine started by some Google refugees called Cuil, which describes itself as the world’s biggest search engine.

No comments: