Jul
14
LinkedIn Buys Newsle to Keep Better Tabs on Your Contacts for You
Posted in: Uncategorized
LinkedIn wants to overtake Twitter and Facebook as executives’ social news service of choice. On Monday the business-orientated social network added to its news arsenal, acquiring people-centric news aggregator Newsle to bolster its burgeoning media business.
LinkedIn did not disclose how much it is paying for Newsle. A LinkedIn spokeswoman did not immediately respond to a request for comment.
The deal comes 15 months after LinkedIn bought Flipboard rival Pulse for $90 million, and stands to supplement that acquisition and strengthen LinkedIn’s own news feed.
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