LinkedIn Corp., a professional networking site, has bought online recruiting startup Bright.com for $120 million via a combination of stock and cash. This is reportedly LinkedIn's largest acquisition and is expected to close by the first quarter of 2014.
San Francisco, US-based big data firm Radius raised $13 million in a funding round led by Formation8 Partners to spot great leads and improve workflows for salespeople.
Tech giant Apple Inc have quietly acquired Silicon Valley's note-taking startup Catch and New Hampshire's digital mapping firm BroadMap a few months back, according to 9to5Mac.
The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.
According to tech website VentureBeat, professional networking service LinkedIn's mobile strategy helped the company capitalize on its minimal ad spending share in digital ads.
LinkedIn Corp said last Thursday that it would sell additional USD1 billion of its Class A common stock.
The stocks of LinkedIn surged up to 10% today even with trailing revenue projections.
The second quarter earnings of LinkedIn impressed Wall Street which resulted to 7.5% increase in the company's shares' price.
LinkedIn will announce its earnings this week.
According to analysts, venture capitalists must add LinkedIn stocks to their portfolios and benefit from one of the internet's great opportunities.
Steve Cadigan, previously LinkedIn's vice-president for Talent, is now part of Gild's board of advisors.
Over 6 million user passwords of LinkedIn was cracked.
Monster Worldwide Inc (MWW.N) has drawn interest from a number of potential buyers, including private equity firm Silver Lake Partners.