Google and Microsoft to fight for Digg

Digg have said the they are prepared to accept a bid of less than $300 million. Google stated that they would be likely to bid around $200 - $225 million. Microsoft are aiming for a lower price because most of Digg's income has been thanks to an advertising deal with Microsoft.

Digg raised $250,000 per month in 2006 and is likely to have increased.