Time Machine! Tumblr’s David Karp in 2007, Age 21.

Back when he was 21, had 75,000 users and was raising $750,000.
Tumblr David Karp Wallstrip

News Byte

Digg: We Heard You Guys Might Be Looking for a New RSS Reader?

Though starting projects that other people discontinue for lack of usage might be more than a bad omen, Digg today said it planned to accelerate plans to build a modern RSS reader in the wake of Google Reader’s planned death. This is the Digg that was bought by Betaworks and is now led by Andrew McLaughlin (formerly of Google, Tumblr and the White House). Other Google Reader alternatives will include Feedly and Reeder.

Reddit’s Funding Round Is for Real, and It’s Only for Angels

Yes, Reddit is raising money at a $400 million valuation. But it’s Reddit, so of course there’s a twist.
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News Byte

News App Spun Tries to Digg Up Some Local Flavor

A new Apple iPhone news app aims to be a one-stop shop for local news about food, the arts and the overall flavor of a city. “We love cities,” said Spun CEO Andy Hunter. The app, launching today, is powered by human editors in each city, who curate stories from local Web sites based on their own judgment and social media buzz. Work on Spun began before Betaworks relaunched Digg, but Hunter acknowledged their similar approaches. He emphasized that the mobile app will notify users when they pass by something they’ve read about — for example, a local historical landmark or well-liked restaurant.

Voices

Kevin Rose Interviews Elon Musk

Seven words: supersonic vertical takeoff and landing electric plane.
muskrose

Digg’s “Blank Slate” Approach Could Hinder Its Journey Back to Relevance

Everyone loves a fresh start. But could Digg’s drastic redesign shoot itself in the foot before it even gets out the gate?
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New Digg Team Publishes Redesign in Progress

Digg still had more than 16 million monthly unique visitors when it was bought, but it’s possible that redesigning out in the open may help woo back the critical techies who had deemed Digg irrelevant.
RethingDigg

Now Owned by LinkedIn, Digg’s Patent Portfolio Was All About Its Social News Interface

Here’s what LinkedIn got when it paid a little less than $3.5 million for one awarded Digg patent and 15 to 20 patent applications.
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Voices

Kevin Rose: Digg Failed Because “Social Media Grew Up”

In his first interview since the remains of fallen social media Digg star were sold to Betaworks, Digg’s founder Kevin Rose said he sold some company shares during its venture-capital financing rounds but “did not make a lot of money.”

Betaworks Buys Digg Assets and John Borthwick Becomes CEO

The remaining assets of social news aggregator Digg — its site and brand — are being sold to Betaworks.
Incoming Digg CEO John Borthwick

Exclusive: Kevin Rose Will Join Google

Is There a Second Act for Kevin Rose?