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Digg Sold To LinkedIn AND The Washington Post And Betaworks

digg logo2Sun Valley and self-driving cars aside, the story of the day today is that social news site Digg has sold its remaining assets for $500K to the NYC-based tech firm Betaworks. While that number is indeed in the ballpark, we're hearing from multiple sources that the total price of the Digg acquisition was
around $16 million, including the price paid for IP by a previously unreported acquirer, LinkedIn.

According to a familiar source, the Washington Post ended up paying $12 million for the Digg team. Around the same time, career social network LinkedIn paid between $3.75 million and $4 million for around 15 different Digg patents including the patent on "click a button to vote up a story."

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Yahoo Confirms, Apologizes For The Email Hack, Says Still Fixing. Plus, Check If You Were Impacted (Non-Yahoo Accounts Apply)

yahoo-logoThere are still a lot of questions about this alleged Yahoo Voices data breach — including whether there was a reason behind the breach in the first place — but Yahoo has now officially confirmed that the data did in fact come from its servers, and that "approximately" 400,000 email addresses and passwords have been leaked in plain text online.
Meanwhile, security specialists are now parsing the data and one has created a script to check if your email address (which doesn't have to be a @yahoo.com address) is among those exposed.

In a statement in which it apologizes for the attack, Yahoo tells us that the data came from an older file from the Yahoo! Contributor Network (which it picked up via its Associated Content acquisition). But it also noted that less than five percent of the emails had valid passwords, and that it is now working to fix the vulnerability that led to the disclosure — note, it didn't say it's fixed yet.

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Storyteller: Create A Website With Content From (Virtually) Anywhere

storytellerAs our content is scattered across sites like Facebook, Instagram, and YouTube, the idea of a single, standalone website is starting to feel a bit quaint. On the consumer side, we're seeing that with products like About.me and Flavors.me, which try to unify your various social identities in one place. Now a digital agency called Sparkart is tackling the problem from the brand and business side, with a product called Storyteller.

Sparkart founder and CEO Naveen Jain says that Storyteller "is not a toy" — you need basic development skills in HTML, CSS, and JavaScript to use it, because you're building sites that have the branding and functionality that you want. Right now, he says if website developers want to integrate content from other sites, they have to either manually integrate with the API of each and every site, or wait for their content management system to add the relevant upgrade or plug-in. Then, once they're integrated, they'd have to keep track of any changes to the API and its policies. With Storyteller, on the other hand, they can access data from other sites while the platform does all the "heavy lifting."

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Facebook is teaming up with CNN to socialize coverage of the 2012 election, as the social network aims to become a "second screen" for political coverage.

141FACEBOOK-cnn-elections-600The new experience, "America's Choice 2012," will encourage Facebook's 160 million U.S. users to share their political views through an app, buzz measurements and surveys. The two companies will aggregate users' sentiment and CNN will incorporate the findings into its coverage.

"Each campaign cycle brings new technologies that enhance the way that important connections between citizens and their elected representatives are made," said Joel Kaplan, Facebook's vice president of U.S. public policy. "Though the mediums have changed, the critical linkages between candidates and voters­ remain. Innovations like Facebook can help transform this informational experience into a social one for the American people."

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Why Social Media Will Reshape the 2012 Olympics

126531465The 2012 Olympics in London are being touted by some as the world's "first social Games." While some question just how social they'll actually be, there's no doubt that networks such as Facebook, Twitter and YouTube will play an unprecedented role in how information is disseminated from London, and how the global sports conversation is driven during July and August.

Why the big shift? It's simple: Four years is an eternity in Internet time and since the last Summer Olympics in 2008, social media has exploded.

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