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« Twitturly Living Up To Its Potential As Great News Source | Main | Microsoft Gets Into Interactive TV Ads; Buys Navic Networks For An Estimated $200 to $300 Million »

Update: Reddit Tries To Compete the Open-Source Way

By xaby | June 20, 2008

It is not easy being No.2. As we hinted yesterday, Reddit, the news voting site that was bought by Conde Nast in 2006, is making the code behind its site open source. (The code can be found here). That means anyone can now make their own Digg-like site. Not that there has been any lack of Digg clones in the past. Reddit’s move to open-source its software is merely an acknowledgment that it is already a commodity.

The truth is that it is not the technology that makes sites like Digg or Reddit successful. It is the people who use them. And the more people who use them, the more useful they become. It is a classic, network-effect, winner-take-most market.

Full Story at Techcrunch

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Topics: General, Up and Coming?, Web 2.0 |

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