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Eric Schmidt and company could have a $200 million check waiting for social media site Digg. Google shareholders may be wondering why.
Despite no ads or any obvious revenue generation, Google News is worth $100 million to Google, according to VP Marissa Mayer. How does zero equal $100 million? As one of Google's many for free peripheral services, enough people sort of ride the Google wave over to the search engine from the News page. In Google's estimation, all that referral traffic is worth a pretty penny.
We've noted time and time again the way in which Wikipedia receives loads of traffic from Google, and to be honest, there's no clear sign that this will change. But Google has gone so far as to launch Knol, a sort of would-be competitor.
The SEO-friendly social media site Sphinn may have been a little too friendly with submitters, something they addressed with a recent site change.
Miri Systems, a privately owned developer of the Miri Card designed to allow credit card users make secure transactions online by providing a unique number for each purchase recently spoke to Webproworld about its technology.
Today's big news from TechCrunch is is that Google is in the final stages of acquiring digg for about $200 million. Makes sense to me. Particularly given some of Google's recent experiments having social voting in their search results pages.
