LinkedIn ordered to pay $6m as labour violation settlement August 5, 2014 LinkedIn has been ordered by the US government to pay out $6m (£3.6m) in wages and damages to its former and current employees. According to regulators, the social networking service did not take into account all the hours worked by its staff at the California, Illinois, Nebraska and New York offices. The order [...]
LinkedIn acquisitions in numbers: $175m for Bizo is biggest buy yet for cautious company July 23, 2014 LinkedIn picked up San Francisco-based b2b marketing company Bizo for $175m yesterday, the most expensive acquisition to date for the social network. In a time of regular million dollar acquisitions by other internet companies, billion dollar buys by the likes of Facebook and Google, and Apple revealing in its earnings call yesterday that it completed [...]
Three ways to get more from LinkedIn May 5, 2014 While you’ll have to put more work into your account, you can also easily monitor your success WHEN LinkedIn announced it had surpassed 15m UK members in March, the accompanying statistical breakdown put a new perspective on what passes for professional in Britain. Although the biggest UK employers represented included RBS and Lloyds, 146 chimney [...]
Weaker outlook sparks worries over LinkedIn February 6, 2014 LINKEDIN, the professional online network, announced disappointing full year revenue forecast of $2bn (£1.2bn) last night, below expectations of $2.2bn, causing shares to plummet as much as 15 per cent in after hours trading. Despite its weaker outlook LinkedIn reported solid results for the fourth quarter of 2013, with revenue increasing by 47 per cent [...]