Microsoft buys LinkedIn for $26 billion
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Microsoft is announcing today that it plans to acquire LinkedIn for $26.2 billion. Microsoft’s deal to acquire the work-focused social networking giant is an all-cash transaction, and it will value LinkedIn’s shares at $196 each. Microsoft says LinkedIn will retain its own brand and independence, and existing CEO Jeff Weiner will remain and report directly to Satya Nadella.http://www.theverge.com/2016/6/13/11920072/microsoft-linkedin-acquisition-2016
And nobody knows why.
So, there are things that cost 26 billion dollars and there are people who can afford those things. Amazing.
By Jay Whatever Go To PostSo, there are things that cost 26 billion dollars and there are people who can afford those things. Amazing.And, if I am reading the blurb right, have 26 billion in cash on-hand.
I work as headhunter so have previously pretty well acquainted with LinkedIn, it started out as a very useful tool that has monopolized a market and havent been innovative for years. I cannot tell you how bad of a deal this is for Microsoft, the fact is LinkedIn manage to gain huge revenues from their recruiter subscription model, after basically forcing anyone who uses linkedin to join recruiter for services that used to be available for free they have reached saturation point (or are approaching).
Everyone who works with linkedin fucking hates them, its a copmany (if you do have to work with) you live with rather than enjoy using.
It's also been scary how they've been dealing with the competition without anyone batting an eyelid, they simply just buy them, literally every single company that has remotely threatened them in the past five years they've bought with the cash made on their IPO.
Who ever sancationed this deal at MS is going to get fired pretty fucking quickly imo
Everyone who works with linkedin fucking hates them, its a copmany (if you do have to work with) you live with rather than enjoy using.
It's also been scary how they've been dealing with the competition without anyone batting an eyelid, they simply just buy them, literally every single company that has remotely threatened them in the past five years they've bought with the cash made on their IPO.
Who ever sancationed this deal at MS is going to get fired pretty fucking quickly imo
By Kibner Go To PostAnd, if I am reading the blurb right, have 26 billion in cash on-hand.
fucking incredible
MS has a ungodly amount of money.
data
By reilo Go To Posthttp://www.theverge.com/2016/6/13/11920072/microsoft-linkedin-acquisition-2016
And nobody knows why.
data
Will probably also be used to boost Yammer's profile.
By Smokey Go To PostMS has a ungodly amount of money.
data
But you don't need LinkedIn to get access to that data, it's publicly available, a few million and you could develop your own scrapping tool and there is your data.
By Kidjr Go To PostBut you don't need LinkedIn to get access to that data, it's publicly available, a few million and you could develop your own scrapping tool and there is your data.Nah there's more data than you can just scrape.
By giririsss Go To PostNah there's more data than you can just scrape.
Like what exactly? Like there are other tools out there that have done EXACTLY that lol
Connectifier - scraped data from LinkedIn and githubs social media and located email addresses. People started using it more and more. Boom acquired by LinkedIn earlier this year. They've done it with a few companies over the years.
Currently entelo in my opinion is the best tool out there, followed by avey.
It's crazy that MS has SO much money and dominate so much of the PC market that they almost have to make moves like this to appear active
By Kidjr Go To PostLike what exactly? Like there are other tools out there that have done EXACTLY that lolThe scary amount of data these sites track and keep a hold of is far beyond just the stuff you enter on the page and the people you "link with".
Connectifier - scraped data from LinkedIn and githubs social media and located email addresses. People started using it more and more. Boom acquired by LinkedIn earlier this year. They've done it with a few companies over the years.
Currently entelo in my opinion is the best tool out there, followed by avey.
That's the entry level stuff.
How many times someone has visited a page. How long they spent on it. Did they type a reply that they didn't submit. Did they access it from a different (potentially, home?) computer, are they visiting many different companies sites. Looking at the job listings on company sites, have they messaged a fellow that they are linked with that works at a company. Does messaging someone that you went to university with mean it's more or less likely they'll be able to hook you up with a job.
And like i've not even spent more than a cursory glance on the subject. The amount of extra information a site like Linkedin is collecting is mind boggling. Big Data isn't measured in HDD capacity for a site like that, but in gigbytes of data /s.
By giririsss Go To PostThe scary amount of data these sites track and keep a hold of is far beyond just the stuff you enter on the page and the people you "link with".
That's the entry level stuff.
How many times someone has visited a page. How long they spent on it. Did they type a reply that they didn't submit. Did they access it from a different (potentially, home?) computer, are they visiting many different companies sites. Looking at the job listings on company sites, have they messaged a fellow that they are linked with that works at a company. Does messaging someone that you went to university with mean it's more or less likely they'll be able to hook you up with a job.
And like i've not even spent more than a cursory glance on the subject. The amount of extra information a site like Linkedin is collecting is mind boggling. Big Data isn't measured in HDD capacity for a site like that, but in gigbytes of data /s.
Thats not the data their after, I mean I'm saying this as someone who has recruited for their machine learning function. Yeah they will track stuff like that but thats not where the value is.
I think is one of the most terrible tech deals I've seen. Almost as bad as the HP one.