After its new owners decided to go back to the drawing board and figure out what to do with the former Web 2.0 darling, Digg is relaunching on Wednesday. Today, a week after its new owner Betaworks explained why it bought the site and announced the August 1 relaunch, the company has published the first mockups and screenshots of the new Digg v1 and explained what the user experience on the site will look like. According to this announcement, the new Digg will be a “beautiful, image-friendly, and ad-free experience.” Read the full story at Tech Crunch.