Is Yahoo Looking to Acquire Digg?

Michael Arrington has posted a rumor on his TechCrunch blog, speculating as to whether Yahoo is looking to acquire Digg.

Are these Digg acquisition rumors founded, or is it bloggers stirring up trouble? There are a few people who say yes, Yahoo is setting their sites on this company. Some within Digg have denied the rumors, but that can be common when company's are talking about things like this.

I say go Yahoo!. Digg would be another smart acquisition for the Internet media giant. I admire Yahoo!'s strtegic acquisitions, the companies they buy are intelligent additions to their portfolio of services. I wonder when they will buy Technorati.

Tags: Yahoo, Digg, merger, acquisition, rumor, social bookmarking

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