Twitter continues to inch its way to a sale process, and the latest developments come in the form of alleged bids from potential buyers. Today CNBC is reporting, and we have also independently heard, that both Google and Salesforce are interested in buying the company. We have additionally heard that Microsoft and Verizon have also been knocking, although right now Verizon (which also owns AOL, which owns us), may...
Data thieves used a massive “botnet” against professional networking site LinkedIn and stole member’s personal information, a new lawsuit reveals. The Mountain View firm filed the federal suit this week in an attempt to uncover the perpetrators. “LinkedIn members populate their profiles with a wide range of information concerning their professional lives, including summaries (narratives about themselves), job histories, skills, interests, educational background, professional awards, photographs and...
Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of...
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