Finally, after years of speculation, Google is now close to buying Digg.com. We heard stories about Microsoft and News Corp. being interested in Digg, but if there is any company that you want to sell your lifetime project to, it’s Google. The proposed amount is $200 million, which is well below the sum offered for YouTube and FaceBook.

Here is the interesting part. What happens with Microsoft’s ad alliance with Digg now that Google will own the place. Intriguing stuff ahead. Here is the full story.