• Thu
  • Dec 25, 2014
  • Updated: 6:24pm

LinkedIn

LinkedIn, founded by former PayPal employees in 2002, is used mainly for professional networking, and reported more than 200 million registered users in more than 200 countries and territories as of January 2013. It is one of the most profitable companies in the Internet sector, with gross margins of roughly 90 per cent.

LinkedIn shares suffer drop as plan for Facebook at Work draws closer

LinkedIn shares suffer drop as plan for Facebook at Work draws closer

Shares in LinkedIn dived as talk spread of plans by Facebook to step into its turf with a version of the leading social network tailored for the business world.

Wednesday, 19 November, 2014, 3:59am

LinkedIn ordered to pay US$6 million for violations of US wage law

The Labour Department's investigation revealed that LinkedIn, based in Mountain View (above), California, failed to record and compensate workers for all hours worked, violating provisions of the Fair Labor Standards Act. Photo: AP

LinkedIn agreed to pay about US$6 million in back overtime and damages to 359 current and former employees after a US Department of Labour investigation found the company violated the country's wage law.

6 Aug 2014 - 3:40am

Twitter's stock falls 18 per cent on paltry growth in users

Twitter's user growth fell in every quarter last year. Photo: AFP

Twitter reported its slowest pace of user growth in recent history, dimming hopes the social media phenomenon can sustain its torrid pace of expansion and wiping out nearly a fifth of the company's value in after-hours trading.

7 Feb 2014 - 2:00am

Social networking site LinkedIn names its first China president

LinkedIn has named Derek Shen (inset) as its newly created China president. Photo: AP

LinkedIn has named a China president, indicating the professional networking site intends to formally launch in the country.

17 Jan 2014 - 4:34pm 2 comments

Morgan Stanley downgrades view of internet stocks, citing overvaluation

LinkedIn trades at 97 times forward earnings. Photo: Reuters

Morgan Stanley lowered its industry view on internet stocks to “in-line” from “attractive”, saying growth in the sector needs to accelerate to justify current valuations.

12 Nov 2013 - 10:55am

Lawsuit claims LinkedIn hacked e-mail contacts of its customers

Lawsuit claims LinkedIn hacked e-mail contacts of its customers

LinkedIn Corp, owner of the world's most popular professional-networking website, has been sued by customers who claim the company appropriated their identities for marketing purposes by hacking into their external e-mail accounts and downloading contacts' addresses.

22 Sep 2013 - 4:53am 2 comments

LinkedIn revenue soars as membership growth rate rises

Linkedin makes much of its money by selling access to members’ resumes. Photo: Reuters

LinkedIn reported revenue jumped 59 per cent to US$363.7 million in the second quarter after membership grew at a faster pace for the first time since late 2011.

The site now boasts 238 million users, a 37 per cent increase from a year ago and a 9 per cent increase from the first quarter.

2 Aug 2013 - 10:11am

LinkedIn buys start-up for US$90m

LinkedIn has seen its share price quadruple since May 2011.

LinkedIn, the biggest online professional-networking service, is buying start-up Pulse for about US$90 million, accelerating the company's expansion into distributing content for users.

It is paying about 90 per cent in stock and 10 per cent in cash for the application, which is owned by Alphonso Labs.

13 Apr 2013 - 4:51am

LinkedIn, others face challenges against China ‘guanxi’

California-based LinkedIn has 200 million worldwide users, but only 1 per cent of that come from China. Photo: AP

Professional social networking websites such as LinkedIn trying to tap into China’s vast business world are finding a formidable domestic foe – the ingrained system of personal connections known as guanxi.

29 Aug 2013 - 4:13am

LinkedIn has eye on mainland from HK

LinkedIn, operator of the world's largest professional networking website, is keeping a cautious eye on the mainland market as it seeks to speed up growth in Hong Kong.

25 Apr 2012 - 12:00am

Events

Today: American Chamber of Commerce event: 'Using LinkedIn to support B2B sales'.

American Chamber of Commerce event: 'Managing the China Challenge: How to achieve corporate success in the People's Republic'.

British Chamber of Commerce lunch: 'Captains of industry'. Island Shangri-La.

22 Mar 2012 - 12:00am

Tune in, turn on jobs via LinkedIn

It's the elephant in the room. And for professional and job-matching social networking, there's now little competition, most rivals having disappeared in the wake of the almighty LinkedIn.

The site's only been around for just over eight years, but LinkedIn today has about 120 million users around the globe, with high penetration in Hong Kong.

24 Sep 2011 - 12:00am

Bosses use social media to narrow the field

Is Facebook killing your career? A new survey by finance and accounting recruiter Robert Half has found that up to 71 per cent of managers in Hong Kong take a peek at job applicants' online profiles to help them decide who to hire.

20 Jun 2011 - 12:00am