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2007/11/29

Social Networking News: LinkedIn Passage???

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@ 12:40 PM (11 months, 28 days ago)
    Read this artle quoted from VentureBeat about LinkedIn.com ...

Source: Yes, LinkedIn and News Corp. are working on a deal

By Eric Eldon 11.27.07

linkedinlogo.pngA rumor surfaced last week, in Techcrunch UK, that News Corp. is looking at buying business networking site LinkedIn.

A well-placed source has confirmed with us that these talks are serious. LinkedIn has declined to comment.

News Corp.’s strategy, from what we understand: Somehow integrate LinkedIn’s network with the Wall Street Journal as well as its other newspapers around the world, hopefully figuring out how to recoup News Corp.’s newspapers’ declining classified ad revenue in the process.

 

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