Reddit cofounder Alexis Ohanian teams with Kevin Rose to resurrect Digg
By Marty Swant
Digg, the once-dominant social news aggregator, is set to relaunch with a vision that seeks to recapture the spirit of early internet communities while addressing the shortcomings of Web 2.0.
Founded in 2004, Digg once rivaled Reddit for the role of “the internet’s homepage.” Now, Digg founder Kevin Rose and Reddit cofounder Alexis Ohanian have bought it back for an undisclosed amount.
The ambitious reboot, announced today, aims to create a community-first platform that uses AI to empower users and improve content moderation. Additional funding comes from True Ventures, which Rose recently joined as partner, and Ohanian’s venture firm Seven Seven Six.
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Source:: Digiday
