As far as rumors go lately, Google is on the point of inking a $200 million deal to buy news community Digg.
And if Google doesn’t do it, rumor has it Microsoft is lurking in the background ready to swoop in.
“This rumor has been around for a couple of months. But this is the most concrete version of the rumor,” said Greg Sterling, principal analyst at Sterling Market Intelligence. “Digg seems to be trying to create some sort of bidding for the company in order to get the highest return.”
With reports suggesting Google could gobble up Digg in just 2 weeks, the search giant might be on the verge of significantly increasing the scope and depth of its news service.
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