Digg announced t the launch of its new streaming API, which is not only highly useful for users but for developers as well. With new Digg Streaming API, it will become easy for developers to gain full access to a real-stream of all Digg submissions and comments. Those who are already using Twitter’s Streaming API will find it easy to use and understand the value of this offer. From their blog,

“From development until deployment, the project took only a couple of days, and that’s really a testament to the versatility of open source software these days. In particular, our API servers all run Tornado, the asynchronous HTTP server used originally by Friendfeed, and collecting and distributing the notifications is handled by Redis.”, reported WIII, a software developer at Digg in its blog post.

Before the launch, Digg was accused of gaming its own data mining system that affected its reputation. The launch of this Streaming API by Digg is an effort to save its company by re-assigning value to its content.  In other words, it has to restructure a great deal of its site in order to compete with Facebook, but especially Twitter.  They have the early lead on data streaming as a service. With its new streaming API, we hope Digg can pick up in the race.

Digg’s also undergone a wave of layoffs and executive level changes, making its overhaul all the more painful.  While one top dog sways in the winds of social media trends, another old horse continues to gain steam–StumbleUpon’s reached 12 million users.