Who will acquire Digg? Michael Arrington from TechCrunch claims that Digg has been in acquisition talks with News Corp. and other companies: “However, the company was unable to land an offer in the price range they’re looking for – at least $150 million – and will likely close a Series B round of financing instead.” (TechCrunch Quote)
I am curious who those “other companies” might be. Here are a few random guesses (pure speculation):
AOL / Time-Warner: Calacanis might be interested in an attempt to merge Netscape with Digg (bad idea in my opinion).
Yahoo: The rumor is that they were in discussions for YouTube and FaceBook, and they have already acquired a number of web 2.0 companies. Digg might be an interesting fit for Yahoo.
Who should acquire Digg? Maybe Google. Due to the recent, and large, YouTube acquisition, I doubt that Google is currently in discussions to acquire Digg. Digg would be a great way for Google to get more involved in the collaborative, user generated content space to expand their web 2.0 offerings, and Google could probably add quite a bit of value in helping to optimize Digg’s promotion algorithms. Digg has sometimes struggled with attempts by users to game the system to promote their own stories using all types of devious mechanisms. Designing creative algorithms to prevent people from artificially inflating search results has been one of Google’s strengths.
Personally, I think that Digg will stay independent for now, but then again, I am frequently wrong about acquisition predictions. (I’m still waiting for Borland to be acquired – I predicted an imminent acquisition back in 2002 / 2003).
Rumors were flying this weekend, courtesy of TechCrunch, about Google’s purchase of SpaceShipOne. The recent YouTube acquisition rumor in the billion dollar range also seemed far fetched, and it turned out to be true, so you just never know with Google. Lending additional credibility is the fact that Larry Page is on the board of trustees at the X Prize foundation; however, this rumor turned out to be only partially true.
Google seems to have acquired a very realistic looking mock-up of SpaceShipOne. Still pretty cool.
The blogosphere has been speculating about the cancellation of Google’s Click-to-Call Service over the past few days as a result of a Google Blog post stating that Google was cancelling the service. According to Michael Arrington at TechCrunch, “the real story here is that the Google blog has been hacked.”
In reading the original post (which was quickly removed from the blog), this should be obvious. Google is known for hiring brilliant, well-educated people, and this blog entry just does not fit:
Notice that the wording of the post makes little sense combined with spelling errors throughout. This reads more like a spam email than an official Google blog entry.
Update 10/8/06 12:00 PM: Om Malik reported that a Google spokesperson has confirmed that an unauthorized user created the fake post. The Google spokesperson also said that the Click-to-Call service was proceeding on schedule.
Yahoo Hack day is a geeky weekend of coding competitions held at the Yahoo campus. This year the winner was a team of women who created a mobile blogging solution. According to Michael Arrington (one of the judges for the event):
“The winning project, called Blogging In Motion, combined a camera, a handbag, a pedometer and the Flickr API to create a device that takes a picture after every few steps and then automatically blogs those pictures.” (Quote from TechCrunch).
Cartoon from Geek and Poke (found via Michael Arrington’s CrunchNotes blog).