“Digg founder Kevin Rose has been hired by Google, according to sources close to the situation,” Liz Gannes reports for AllThingsD. “Rose’s mobile app incubator Milk yesterday announced it was shutting down its only product, Oink.”
“More people familiar with the deal said the rest of the Milk team is joining Google, with employees netting $1 million to $2 million each. although I’m still trying to nail down the value of the overall transaction. Milk investors are getting their initial investment money back plus a little extra, sources said,” Gannes reports. “Rose’s first day at Google is to be this Monday, the sources said.”
Gannes reports, “Google had been very close to buying Digg in 2008, but the deal fell apart at the last minute.”
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