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3931bbe9104012479892caada78d8be0
2011-05-18 05:45:00

Business-oriented social networking site LinkedIn said an initial public offering (IPO) will likely raise 30 percent more than previously expected, a positive sign that investors are eager to bet on social networks. LinkedIn, which plans to set the IPO price Wednesday night and begin trading on the NYSE under the symbol LNKD on Thursday, had originally planned to sell 7.84 million shares at $32 to $35 each. But in an updated filing with the Securities and Exchange Commission (SEC) on...

af4c764d8d73a934027477cd44bf80131
2011-03-22 13:45:00

The online social network LinkedIn now has 100 million users around the world and over half are from outside the U.S. LinkedIn said on Tuesday that it is now growing at a rate of about 1 million new members each week.  The new total is about 10 million more than LinkedIn disclosed in a regulatory filing on March 11. LinkedIn Chief Executive Jeff Weiner wrote in a blog post that Brazil and Mexico are among LinkedIn's fastest growing countries. The online social network for...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.