New media incubator and venture firm Betaworks is increasingly morphing into an operating company and it’s got a new rapid development launch approach that will deliver five social media products in five weeks. What’ll stick?
Digg is working on a Google Reader replacement. Its survey of about 8,000 current Google Reader users suggests that many of them are sticking with it until the bitter end; so far, among alternatives, Feedly is in the lead.
AVOS, the company that now owns Delicious, is working on a mysterious site that takes data from Delicious to serve up news, videos and products.
A lot of die-hard RSS users are upset that Google has decided to kill off its Google Reader service, but for me Twitter and other platforms based on social news are far superior to any RSS reader and have been for some time.
Mourning the demise of Google Reader? Digg announced Thursday that it’s already planning a revamped reader, and will speed up production in light of Google’s announced spring cleaning.
Google Reader is one of the top-three tools I use to do my job — and Twitter and Flipboard aren’t good substitutes.
Reddit, the online community that gained fame last year for a Q&A with President Obama, is said to be raising venture funding that could value the company at $400 million — and would give it ammunition to compete with other new-media players such as BuzzFeed and Tumblr.
Digg, the social-news community that New York-based incubator Betaworks acquired part of last month, has been relaunched with a new look and new plumbing, but it doesn’t have anything like the kind of community Digg had — something that is hugely valuable and difficult to build.
Not that long ago, Digg was seen as one of the kingpins of the social web — BusinessWeek put founder Kevin Rose on the cover and said he was worth $60 million. Now, what’s left of Digg has been acquired by Betaworks for a reported $500,000.
Twitter has made it clear it plans to crack down on third-party services by tightening the rules on use of the network, but this desire for control — and the drive to monetize its user base — could ruin what made Twitter special to begin with.