LinkedIn announces job cuts
Popular business social networking service LinkedIn has announced that they are cutting 10% of their staff.
This is a latest signal that even silicon valley companies are affected by the current economic crises.
LinkedIn announced that they are eliminating 36 positions in the company. The aim is to focus now on services which generate [...]

LinkedIn worth USD 1 billion?
Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners have announced an investment in the social networking service LinkedIn.
They are paying close to around $53 million for a 5 percent stake in the company which is used by professionals and businessmen.
This puts the value of the company at an [...]

Microsoft collaborates with Facebook, Bebo, Hi5, LinkedIn and Tagged
Microsoft has announced that they are now collaborating with Facebook, Bebo, Hi5, LinkedIn and Tagged to boost their Windows Live service.
The software giant would now work with these social networks to enable their users to easily and securely move their contacts and relationships between services.
A company representative [...]

LinkedIn suffered downtime after feature update
LinkedIn is a popular online social networking service which enables a web user to post his career details online to connect with colleagues and friends.
The service came out with an updated edition with more features and suffered a downtime of around an hour.
The company said that the traffic on the [...]

LinkedIn to let user post photos on profile pages
LinkedIn has announced that they would now allow their members to post images on their profile pages.
The company has been avoiding providing such a facility as it considered that such features would put it in the same category as Facebook and other social networking sites.
It tries hard [...]