Gone out with a whimper

Digg sold for small change. [Link]

Which one of you rascals just bought Digg! The company, clearly in need of some new cushions for the corporate cafeteria, just sold itself for a mere $500,000. In 2008, it turned down Google's offer of two hundred million.

Of course, in 2008, Digg was one of the top sites on the entire internet. Now, not so much. As Gizmodo alumnus Mat Honan points out, this is exactly .0005 Instagrams. That's pretty much a "we're not giving you zero dollars" offer in tech land, and certainly not enough to keep Digg going as anything that resembles the Digg of today: WSJ says "None of Digg's remaining employees will join Betaworks as part of the acquisition."