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SAN FRANCISCO Wired Digital, parent company of the Wired.com technology portal, has acquired the Reddit social news service for an undisclosed sum.
Boston-based Reddit was founded around the same time as Digg. Although Reddit has a loyal user base, it attracts significantly less traffic. Reddit’s four employees will move to Wired’s San Francisco office, but the site will remain to operate autonomously, the company said on its blog.
“We’re still going to be the guys reading your feedback e-mails and keeping Reddit chugging along,” the company said.
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