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Tag Archive: LinkedIn

LinkedIn Founder Re-Takes CEO Position

LinkedIn Founder Re-Takes CEO Position

Business-oriented social networking service LinkedIn—which has always positioned itself is a way for professionals to network rather than engage in the more-frivolous activities on the likes of MySpace and FaceBook—is getting a new CEO…except that, really, it’s LinkedIn’s old CEO. According to the Wall Street Journal (subscription required) and other sources, Dan Nye will be leaving LinkedIn’s top post after less than two years, to be replaced by LinkedIn founder Reid Hoffman.

Hoffman served as LinkedIn’s CEO before Nye took over in early 2007.

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LinkedIn Surges From Credit Crunch

LinkedIn Surges From Credit Crunch

Times might be tough in the economy, but they’re looking up for business social networking site LinkedIn, which has reported a 25% increase in sign ups since September.

People are eager to work on their networking contacts as the job market contracts and many are scrambling for work. During the summer the site had added users at the rate of about a million every 20 days. That’s now risen to a million every two weeks. The company has also reported a 15% increase in the last two months in the issuing of invitations to get people to join business networking circles and a 14% increase in the amount of recommendations made by users endorsing another member of LinkedIn, the Guardian reports.

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LinkedIn Hooks Up with CNBC

LinkedIn Hooks Up with CNBC

Cable news network CNBC has entered into a new partnership with the social networking service LinkedIn to add collaboration and community features to the CNBC.com Web site. Under the deal, users will be able to share CNBC articles and content with contacts via LinkedIn, and users will be able to find out which members of their social networks connect with companies they’re reading about.

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LinkedIn Gets $53 Million

LinkedIn, the social networking site that aims at professionals rather than teens or casual users, has raised $53 million in its fourth round of funding, bringing its total funding to $80 million, and a valuation on the company of $1 billion.

Unlike many social networks, LinkedIn is profitable, using premium subscriptions and advertising to make money, making sure it’s very different from the heady days of the dotcom bubble.

"Back in the bubble, people only had advertising based around online ads. We have three other business models," LinkedIn’s European chief executive Kevin Eyres told the BBC.  Read more...

Bill Gates Joins LinkedIn

Bill Gates Joins LinkedIn

Online professional social network LinkedIn has a new high-profile member: Microsoft founder Bill Gates. And Gates isn’t just setting up a profile: he’s helping the site draw attention to new features and a front page redesign. This comes after his company Microsoft spent $240 million for a stake in rival social networking site Facebook late last year. Gates is also posing a question to LinkedIn users—”How can we do more to encourage young people to pursue careers in science and technology?”—to solicit discussion.

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LinkedIn Launches Redesign, Opens Platform

LinkedIn Launches Redesign, Opens Platform

LinkedIn, a social networking service aimed at professionals, has launched a significant revision to its site, integrating “Web 2.0″ elements including customized searches for people and jobs, and an Answers feature that enables users to keep up with conversations. And, of course, LinkedIn wouldn’t be jumping on the social networking bandwagon if it also didn’t open its platform to third-party development, following the lead of popular social networking sites like Facebook, MySpace, and Friendster.

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