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Jan29
Yahoo Buying Spree

digg.jpg
I've been seeing some recent rumors that Yahoo is in talks with Digg to be bought out for a rumored $30 billion. However, the rumors were denied by Kevin Rose in a recent blog post saying: So, just to set things straight - we are not in talks with Yahoo. We are focused on creating new features and expanding digg into new areas beyond tech. The recent reports about digg and Yahoo! are just rumors, nothing more.

Rumors point out that we could be seeing an announcement by both companies as early as next week. Of course, this could be blogs just stirring up trouble again. Nevertheless, if I were Kevin Rose, I'd sell out right now. I think it's the best place to find hot news relating to computers, science, and some other interesting IT stories.

Yahoo! recently bought Upcoming.org, Whereonearth, SearchFox, and Del.icio.us. They have a lot more other companies under their belt, but these all have to do with what is called "Web 2.0", a new wave of services that use AJAX to spice things up (usually). Yahoo! is clearly trying to buy all the new and innovative Web 2.0 companies; and that's great because Yahoo! can change them to make them even better. What we are seeing is Yahoo!'s true intent: rule RSS, rule the world with Google catching up on that too.


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