• PeHub, Wednesday, February 3, 2010 1:03 PM

Digg has a MySpace problem -- or at least according to the Thomson Reuters-owned Private Equity Hub blog. No, the problem is not MySpace. Rather, PeHub suggests that, like MySpace, Digg's best days are behind it. "Reportedly courted by Google in 2008, the five-year-old news aggregator has been elbowed out of the spotlight -- and traffic rankings -- by six-year-old Facebook and three-year-old Twitter," PeHub writes.

In its defense, the blog believes that Digg is taking measures to prevent its demise. "It may have lost some of its first-mover mojo, but the San Francisco-based company -- which has 40 million registered users -- is actively working to get it back." In a nutshell, Digg is betting its future niche content.

Read the whole story at PeHub »