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Are you sad for what happens to Digg?

Digg website is sold for half a million US dollars. It was once worth 160 million US dollars. In 2006, it was one of the top 25 websites in US. It has over 7 million independent visitors monthly. But now, it is sold for a very low price. Are you sad for what happens to Digg? What are the reasons for such a low price? What mistakes did Digg make?

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