Conde Nast buys Reddit
Cory Bergman October 31st, 2006
Conde Nast, specifically Wired Digital, has purchased the social news site Reddit for an undisclosed amount. If you’re not familiar with Reddit, well, it’s very similar to Digg in which users vote stories up to the home page. Reddit’s four employees will move to Wired’s San Francisco offices, and Wired plans to leave it as a standalone site.
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