Thursday, June 24, 2010

LinkedIn Looking to Make Acquisitions, Still Copying Twitter and Facebook [GigaOm]

See the full post for more LinkedIn details (via Louis Gray)

LinkedIn, the business-oriented social network, is planning acquisitions to help it take advantage of growth in the mobile market, CEO Jeff Weiner told Bloomberg News, and has also had expressions of interest from bankers who want to finance the company or take it public. The company also plans to boost its staffing levels by 50 percent by the end of the year — which would give it close to 900 employees — in order to handle growth in Brazil, India and China. Meanwhile, the network continues to add new social features that mimic those offered by Twitter and Facebook.

LinkedIn Looking to Make Acquisitions, Still Copying Twitter and Facebook

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