The headlines aggregator website Digg has been sole to the New York-based technology organisation Betaworks.
Digg voiced the headlines on its blog adage that it would be amalgamated with the every day lecture service News.me .
Digg allows users to contention and opinion on headlines stories to confirm that ones should be promoted top on its site.
It mislaid traffic to competitors final year, but had been entertainment a return after releasing a Facebook app, according to The Next Web blog .
News.me had formerly paltry its articles to stories common by a user's friends on Facebook and Twitter.
Digg mentioned it had received more than 28 million story submissions, 350 million essay votes and 40 million explanation given it was launched towards the finish of 2004.
It rose to inflection 3 months after that when links to images hacked from the mobile write of socialite Paris Hilton were posted on the site.
It went onto turn a of the 100 many visited sites on the internet, attracting celebrity for its owner Kevin Rose who appeared on the casing of Businessweek publication to one side a title adage "how this child done $60m in 18 months".
But Mr Rose left the site in 2011 after an without a friend redesign caused a user recoil and a plunge in traffic that was capitalised on by its competitors Reddit and Stumbleupon.
Many users had moreover switched to Twitter as a way to keep opposite the news.
The Washington Post journal subsequently struck a treat to sinecure 15 of Digg's engineers.
"Digg has always been a site built by the community, is to community," blogged its arch senior manager Matt Williams, who is station down from the post.
"Over the final couple of months, we've deliberate many options of where Digg could go, and honestly many of them could not live up to the reason Digg was invented in the initial place - to uncover the most appropriate things on the web. We longed for to find a way to take Digg back to its startup roots."
The Wall Street Journal reported that the treat was value $500,000 (324,000).
If precise that would be significantly reduction than the $45m of supports it had lifted from project capital firms, according to total published on Crunchbase .
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