Microsoft buys Linkedin for 26 billion dollars.

[Simmias]

Seems a bit much for a fancified website.

[Deleted]

I wish I owned linkedin.

[Independent voter]

Seems a bit much for a fancified website.

It's one of those places where employers check your linkedin before they hire you. Also if you meet someone at a function you can look them up. It's pretty important in the tech industry at least, more than Facebook.

[Slant]

RIP linkedIn then?

Anything Microsoft touches dies.

[Deleted]

How One 'Lucky' Trader Made a 1300% Return This Weekend Betting On A LNKD Takeover

Was this call-buyer just a little too "linked in"?

Dear SEC, what are you doing?

Friday saw an oddly yuuge trading volume suddenly spike in LNKD's August $160 Calls...



As it appears some very 'lucky' trader bought 500 lots (50,000 shares) at $2.26 Friday morning...

Only to be so lucky that Microsoft decided to massively overpay for his underlying stock... And, judging by the dump in implied vol, was selling those exact 500 calls back to the greater fools at $33.89 this morning.

A nice $1.5 million profit or 1300% return over the weekend.

[Berengil]

How One 'Lucky' Trader Made a 1300% Return This Weekend Betting On A LNKD Takeover

Was this call-buyer just a little too "linked in"?

Dear SEC, what are you doing?

Friday saw an oddly yuuge trading volume suddenly spike in LNKD's August $160 Calls...



As it appears some very 'lucky' trader bought 500 lots (50,000 shares) at $2.26 Friday morning...

Only to be so lucky that Microsoft decided to massively overpay for his underlying stock... And, judging by the dump in implied vol, was selling those exact 500 calls back to the greater fools at $33.89 this morning.

A nice $1.5 million profit or 1300% return over the weekend.

It may look a little fishy, but they have to able to substantially prove it in court. Phone records and so forth. If the guy was smart and used encryption/burner phones and otherwise covered his trail, the SEC can look all pissed and suspicious but there's not much they can actually do.

[prwraith]

Linkedin is just a glorified facebook alternative. That is exactly what Microsoft will try to turn it into.

It was marketed well and recruiting agencies gobbled it up like idiots. It's still nothing but a glorified facebook page.

(At my work people with a lot of Linkedin contacts get denied job offers)

You're not wrong in it being a glorified facebook page. But it's used in the tech industry constantly.

[caervek]

Seems a bit much for a fancified website.

It will be considered a bit much after Microsoft have ruined it lol, their track record with taking over things is pretty horrific right now, Skype and Nokia were grade A cluster ****s

[Ravenblade]

RIP linkedIn then?

Anything Microsoft touches dies.

Skype still lives, as does Visio.

The Nokia mobile division was the exception.

In general however, you won't find many of the nearly 200 acquisitions M$ to be actually dead.

[Deleted]

Could be good fit honestly, especially if they implement MS functions with it.

I almost only use LinkedIn to recruit the right people these days and if it get's a Skype integration that could actually help to improve the recruitment proces.