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Original URL: http://www.theregister.co.uk/2006/10/31/wired_buys_reddit/

Wired buys Reddit, Google buys Jotspot

By Drew Cullen in San Francisco
Published Tuesday 31st October 2006 19:45 GMT

Cash Register Wired has bought Reddit (http://www.reddit.com), the news aggregation-by-committee website. Terms are undisclosed, but we can safely assume that the price is many heaps smaller than the $150m that Kevin Rose reportedly (http://blogs.forbes.com/digitaldownload/2006/10/is_digg_for_sal.html) wants for Digg, Reddit's much bigger rival. Reddit claims a million unique users a month.

Reddit's four employees are upping sticks from Boston to hang out at Wired in San Francisco. Wired parent company CondeNet will use Reddit software in other websites - Lipstick.com is the first example.

Wired report here (http://www.wired.com/news/technology/internet/0,72038-0.html?tw=rss.index).


Google buys Jotspot

"OK, I can finally blurt it out: JotSpot is now part of Google, and I couldn't be more excited." So says (http://googleblog.blogspot.com/2006/10/spot-on.html) a breathless Joe Kraus, co-founder of JotSpot, a wiki-editing software firm, on Google's official blog.

Looks like Google is buying in some extra features for its personal productivity software. In the meantime, JotSpot (http://www.jot.com/) is shunning new customers until it moves its software to Planet Google. ®

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