Betaworks, the company behind the takeover of major news aggregator DIGG, has announced that the site is going through major re-haul and will launch in a new avatar in the first week of August. Betaworks already owned a similar news service News.me, and has no plans of integrating DIGG with their existing site. Once the new service is active is when everyone will actually know what the new Digg is all about.
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