Is the Search giant trying to add another important social website to it’s treasure chest? and what will it mean for competition in the traffic craving internet news and business world? See the story of rumors below:

Google close to buying social news site Digg: report

Rumours that user-driven news website Digg is close to being sold to Google Inc. have resurfaced, with the internet search leader reportedly offering around $200 million US for the social news site.

read more | digg story