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(Continued)     The RFS Newsletter, Oct. 28, 2006. Page 7
If a firm offer isn’t made in the next week or so (higher than $150 million), look for Digg to close a $5 plus million second round of financing later in 2006, possibly with Greylock Partners. Greylock is already an investor in Digg, leading their $2.8 million Series A round in October of last year. According to various reports, Omidyar Networks and several angel investors also participated in the round.

In other news on Thursday, Yahoo has updated the new beta versions of its Yahoo Toolbar (for IE) and Yahoo Bookmarks, which first appeared on the Yahoo Toolbar seven years ago. Back in 1999, the real virtues of online bookmarks were simply portability and backup. Yahoo Bookmarks allowed users to store their favorite sites and get to them from any computer connected to the Internet.

<<< Pr. page     Next: It's time to bring Yahoo Bookmarks to the next level >>>

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