How Will Bit.ly Make Money? They're Creating a Digg-like News Service

August 1 2009, 8:28pm

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"When asked about ads between Twitter and the web, Cohen said, flat-out, “I’m not going to do that.” Instead, he’s going to mine those links to create a real-time news service that would track the hottest links. The result would be a Digg-like news service."