Tensions show no sign of easing ahead of President Xi Jinping’s upcoming meeting with Obama
Time has run out for Procter & Gamble's CEO as the company turns to a famed management star
Surprise, surprise: Target, Macy's, and 15 other retailers are suing Visa and MasterCard over card fees
The odd-job marketplace is getting traction with business customers
Net flow into debt hedge funds is the highest since 2007
Roel Vertegaal's PaperTab is like an iPad you can fold, spindle, or mutilate
Networks are staggering première dates to capture viewers and ad dollars
Jim Dean, the dean of UNC's Kenan-Flagler School, calls it quits for a more lofty title: provost
Rob Rhinehart is living on a substance he engineered to replace food, and he just raised more than $200,000 through crowdfunding to manufacture it
Posted by: Rob Hof on October 25, 2006
Well, I guess anyone is for sale at the right price, but TechCrunch’s Mike Arrington says several sources tell him the people-driven news site has been talking to a number of potential suitors, including News Corp. MySpace’s owner. Asking price, he says, is $150 million, which may be too high. Given that founders Kevin Rose and Jay Adelson are starting another company, Revision 3, maybe they’re ready to move on.
If I were Kevin and Jay, I would sell Digg and focus on Revision 3.
Revision 3 is a next generation online television channel of sorts, and if they focus and get the right kind of programming, could become very large and sustainable.
While Digg, I think, is a built-to-flip, Revision 3, potentially is a built-to-scale opportunity.
Sramana
BusinessWeek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, Douglas MacMillan, and Spencer Ante dig behind the headlines to analyze what’s really happening throughout the world of technology. One of the first mainstream media tech blogs, Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.
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