Digg Shouldn’t Compete with Yahoo Buzz

Published: August 19, 2008, 11:50 am

Tags: opinion, web 2 0, yahoo, digg, web, bookmarking, social bookmarking

Yahoo announced today that Buzz is now open to the public and anyone who wants to submit stories is free to do so. Prior to this, only a handful of publishers were allowed to post stories as Yahoo tried to get the kinks out. But now that Yahoo Buzz is officially ready for business, It’s an apropos time to discuss whether or not this site will have an impact on Digg, the de facto leader in this space. And although some would claim that Digg isn’t really a competitor to Buzz because the latter is somewhat controlled by human intervention, I think it absolutely is a competitor and one that could have a major impact on Digg’s value in prospective acquisitions. Since April, when traffic reached its peak, Digg’s numbers have been slumping. Granted, they’re not slumping too much and the site is still performing extremely well, but it is down nonetheless. And although the reason for that could be practically anything, I think Digg slowly lost its appeal

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