Wednesday, August 16, 2017

Is LinkedIn trying to protect your data — or hoard it? - The Washington Post

Microsoft didn't pay ~$26B for LinkedIn to give its data away

"Where LinkedIn and hiQ clashed was over hiQ's product, which almost exclusively depends on LinkedIn's data, according to U.S. District Judge Edward Chen. HiQ essentially helps employers predict, using the data, which of their employees are likely to leave for other jobs. While this HR tool might sound relatively boring to you and me, it's key to industries whose success depends on recruiting and retaining the best talent. A Gallup survey last year found that 93 percent of job-switchers left their old company for a new one; just 7 percent took a new job within the same organization.

HiQ has raised more than $12 million since its founding in 2012. LinkedIn itself is making moves to develop a similar capability, Chen said, meaning that LinkedIn's attempt to block hiQ from accessing its data could be interpreted as a self-interested move to kneecap a competitor. If hiQ can't get the professional data it needs to fuel its analytic engine, its business could "go under," Chen said."
Is LinkedIn trying to protect your data — or hoard it? - The Washington Post

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