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Investors Fund Big Digg Expansion

Social news site raises $28M, plans to double staff, go global

By John Johnson,  Newser Staff

Posted Sep 24, 2008 6:20 PM CDT

(Newser) – Social news site Digg has raised $28.7 million to fund an aggressive expansion and fend off rumors it will be sold, IDG News Service reports. The 4-year-old site, which allows readers to rank stories, plans to double its staff to 150, revamp its features,...   Read full story »

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