Company's chief revenue and strategy officer shares some details about where the latest round of funding is going. "We've only realized a fraction of our vision," he says.
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On May 16, 1960, Hughes Lab researcher Theodore Maiman built the world's first laser, even as two Bell Labs researchers got the patent for the innovation.
A month after the company's CEO left and was replaced by founder Kevin Rose, Digg cuts 10 percent of staff in an effort to focus more on engineering and development.
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Digg's got a new advertising platform that lets companies basically buy a spot on the front page of Digg, as an ad that's camouflaged as user generated content.
The perpetual Valley darling, long rumored to be up for sale, has instead infused its coffers with capital from Highland Capital Partners and announced an expansion effort.