I am the owner of Digitaltrends.com. I want to thank everyone for this thread. We were hit hard by the first Panada update, but after a week and a half, it was like a switch was flipped. We not only bounced back, but our rankings were better than before the update.
Now with the second Panda update we have been hit hard again, and wondering when/if that switch will flip again for us.
From what we can tell, we have been hit because we syndicate content to some major partners like Yahoo News, Yahoo Shopping, Yahoo FrontPage, Sams Club and over 200 TV news stations.
We noticed that all of our syndicators are showing up for our stories, but we are either bumped well below them or not at all. Google is no longer recognizing Digitaltrends.com as the source of the content anymore, despite our partners linking back to us. We have followed all of google's instructions on how to syndicate content and even had Matt Cutts email us after looking over our site and giving us the thumbs up.
I have a feeling we will bounce back in 5-7 days again. I already searched on Bing and Yahoo, and both of those search engines are recognizing DT as the content source, so I am hoping Google will as well.
My business partner at DT (our CTO) seems to think that Google resets everything with these updates and then applies filters over the following weeks - and that is what is happening.
I am up for any ideas you guys may have, and appreciate all the help.