Search results for "LinkedIn"

X Moves in on LinkedIn’s Turf

X, formerly known as Twitter, is to collect users’ biometric data which includes education and job history. In its quest to become the ‘everything’ app, moving in on LinkedIn’s turf is the first step. And it’sgoing to make it so much more than just a first contact point between prospect and employer. Both parties will […]

Microsoft shutting down LinkedIn app in China amid scrutiny

Microsoft is shutting down its main LinkedIn service in China later this year as Beijing tightens its internet rules. The company said in a blog post Thursday it has faced a “significantly more challenging operating environment and greater compliance requirements in China.” Microsoft is the latest American tech giant to lessen its ties to the […]

LinkedIn breaks up with its stories feature

Looks like Twitter isn’t the only one regretting the adoption of the “Stories” feature, as LinkedIn announced on Tuesday that the employment-networking site is booting out its stories option. Stories, comprised of disappearing videos posted and shared by social media users, were first brought to light by Snapchat before global tech giants followed suit. In […]

LinkedIn skyrockets to $10 billion in revenue for the first time

For the first time, LinkedIn has officially surpassed $10 billion in annual revenue, five years after Microsoft announced its decision to acquire the platform for more than $26 billion, the company reported on its recent fiscal report released on Tuesday. Although Microsoft did not exactly reveal the number of the profits and losses made, officials did state that LinkedIn’s revenues were up by 46 percent in […]

LinkedIn laying off nearly 1,000 amid hiring slowdown

NEW YORK (AP) — LinkedIn is laying off nearly 1,000 employees, approximately 6% of its workforce globally, with unemployment in the U.S. above 13% and national economies from Europe and Asia, to the Americas, shrinking due to the pandemic. The outbreak has disrupted commerce globally, closing thousands of businesses while forcing others to furlough large […]