Reddit Follows JotSpot, Takes The Cash

While the morning discussion over tea and scones focused on Google's acquisition of enterprise wiki software firm JotSpot, Cond Nast's Wired Digital division received a present from its corporate masters, who purchased news-sharing site Reddit for Wired.

airily dubbed a clusterpluck. All that was missing was Yahoo buying someone or being bought, but we can't have everything. For our readers who have not tried out report said Reddit's four full time staffers would move from Boston to San Francisco, where Wired has its headquarters. But Reddit could have been a Google stablemate for JotSpot nine months ago. Boston Globe columnist chat, Reddit's founders disclosed Google's attentions to the nascent company. "By November 2005 they received a buyout offer from Google, (which they declined in favor of continuing to build the company on their own)," she wrote. Trunk Del.icio.us | Digg | Reddit | Furl Bookmark Murdok: David Utter is a staff writer for Murdok covering technology and business.