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Digg is Yahoo Buzz in Disguise: Size Is the New Gatekeeper

DiggTechConsumer has had its fair share of Digg coverage lately. But for those of us who remember what Digg was back in the glory days, we can’t help but draw attention to its flaws in the here and now.

First, we had our April 1st interview with Digg’s founders discussing priorities and progress and how Digg is just a game. Second, we discussed the Digg paradox and how getting rid of the editor/gatekeeper just creates new gatekeepers.

But today’s topic, for me at least, feels like the most interesting twist on the story of where Digg started as compared to what Digg has become:

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The Economist on Digg & “Social News”

The Economist (subscription required) had some choice words in describing Digg and “social news.” After your typical one paragraph introduction to the concept, we get the following:

“Digg has become an internet phenomenon. It has over half a million registered users and has been valued at over $200m despite having just $3m in revenues and no profits. Its success has spawned similar sites such as Reddit and Newsvine, and prompted the world’s largest media company, Time Warner, to turn its ailing Netscape.com news portal into a social-news service instead.”

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