LinkedIn

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LinkedIn tops 100M members in IPO run-up

LinkedIn Corp. said it reached 100 million members Tuesday, as the professional social-networking site grows to include nearly a million teachers, dozens of Elvis impersonators and one “martini whisperer.”

The milestone comes as LinkedIn gears up for a much-anticipated initial public offering of stock expected to open the IPO floodgates forĀ  social-networking sites. Get the full story »

LinkedIn is back on in China

Access to the networking site LinkedIn has been restored in China, a day after it was blocked after calls for Middle East-inspired protests in the country.

A spokesman for LinkedIn based in the United States said: “We are seeing indications that access to the LinkedIn service is being restored in China. We will continue to monitor the situation.” Get the full story »

Cash-raising efforts value Zynga at $7B-$9B

Zynga, the company behind popular Facebook games such as FarmVille and CityVille, is in talks with potential investors to raise about $250 million, which would value the startup at $7 billion to $9 billion, according to a published report.

The Wall Street Journal, citing unnamed sources familiar with the matter, said in a report Monday that a decision to raise money could be weeks away if it happens. Get the full story »

LinkedIn files paperwork for IPO

LinkedIn Corp., the company behind the largest Web site for professional networking, plans to raise at least $175 million in an initial public offering of stock that could open the IPO floodgates for other widely used online services that connect people with common interests.

The IPO papers filed Thursday by LinkedIn puts the 8-year-old company on a path to make its stock market debut in three to four months, barring major stumbling blocks. Get the full story »

LinkedIn on way to first social-networking IPO

LinkedIn may be the first company to quench investor thirst for the red-hot social networking market.

Despite months of headlines from Facebook, Chicago-based Groupon and Twitter, the company that connects more than 85 million professionals could be first out of the gate. It has been quietly preparing an initial public offering for as early as the first quarter.

LinkedIn has hired Bank of America Merrill Lynch, Morgan Stanley and JPMorgan Chase to advise it after a round of interviews in November. The size of the offering is not known, but it’s expected to be small relative to the company’s valuation. LinkedIn’s implied valuation on the private trading marketplace SharesPost is $2.2 billion.

LinkedIn to let members recommend products

LinkedIn Corp. on Monday plans to launch a new recommendations service that will allow the social network’s more than 80 million members to post reviews of products and services linked to their professional profiles.

Participation is free and voluntary for companies, which would need to set up company profile pages and add products to be reviewed before users could leave a recommendation. The program has some 30 participating companies at launch, including JetBlue, Liberty Mutual Insurance, Microsoft Corp. and Harvard Business School Executive Education. Get the full story »

LinkedIn makes its first acquisition

LinkedIn is making its first acquisition, a company that sifts through large amounts of data to try to determine relevant information, the business social networking site said on Wednesday. Get the full story »