Yesterday, 11:12 AM
- With conditions, as anticipated.
- Microsoft's Office Add-in program will remain accessible to third-party professional social networking services and promotional opportunity will continue to exist for third-party professionals in the Office Store. Further, IT administrators and users can choose to customize their Office experience by displaying LinkedIn profiles and forthcoming activity integrations within the user interface. PC manufacturers will be given the option to choose whether or not a developed LinkedIn application or tile included with Windows is installed on PCs within the European Economic Area (users can also uninstall, and Windows will not be used to promote installs of any LinkedIn applications) and lastly, agreements with PC manufacturers for pre-installation of a LinkedIn application or tile that would lessen distribution of competing professional networking services will not be entered into.
- With prior approval of the combination already secured in the U.S., Canada, Brazil and South Africa, E.U. clearance represented the last remaining regulatory hurdle as the Microsoft (MSFT -0.4%), LinkedIn (LNKD +0.4%) deal is now set to officially conclude in coming days.
Wed, Nov. 30, 7:50 AM
- Microsoft's (NASDAQ:MSFT) acquisition of LinkedIn (NYSE:LNKD) this year wasn't the first approach made by the U.S. technology giant to buy the firm, one of the professional networking site's founders told CNBC.
- "Since the early days, Microsoft had a standing offer to our VCs," Konstantin Guericke declared, stating MSFT had approached the company before he left in 2006.
- But the entrepreneur, along with other co-founders including current chairman Reid Hoffman, felt the site still had a long way to grow at the time and didn't see the need to sell out.
Wed, Nov. 23, 11:02 AM
- With conditions, as reported by Reuters.
- Earlier this week: Microsoft reportedly presents European Commission with software, hardware concessions involving LinkedIn merger
- Update: Modifications involving above-linked concessions cited to be under consideration. The deal has so far received approval in the U.S., Canada, Brazil and South Africa sans compromise.
Tue, Nov. 22, 3:33 PM
- Looking at the top 50 hedge fund hotels, it's probably little surprise that Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB) top the list, with Amazon making for a top 10 holding in 61 funds, and Facebook in 57.
- Rounding out the top 10 are Charter Communications (NASDAQ:CHTR), Alphabet (GOOG, GOOGL), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Yahoo (NASDAQ:YHOO), Allergan (NYSE:AGN), Bank of America (NYSE:BAC), and Priceline (NASDAQ:PCLN).
- Looking at another gauge - the percent of market cap owned by hedge funds - shows CommScope (NASDAQ:COMM) leading the way, with hedge funds owning 37%. Next is Dell Technologies (NYSE:DVMT) and Expedia (NASDAQ:EXPE) at 30%, and after that: Liberty Broadband (NASDAQ:LBRDK) at 24%, LinkedIn (NYSE:LNKD) at 21%, Constellation Brands (NYSE:STZ) at 20%, and Humana (NYSE:HUM) and WhiteWave Foods (NYSE:WWAV) at 19%.
- Previously: Goldman's list of shorts mattering most to hedge funds (Nov. 22)
Mon, Nov. 21, 1:16 PM
- Last week: Microsoft offers EU concessions over LinkedIn bid
- Reuters reports Microsoft (MSFT +0.6%) has offered to maintain open access by competitors to LinkedIn (LNKD +0.1%) and provide hardware manufacturers the ability to install a variety of services as the company continues to seek European Union approval of its LinkedIn purchase.
- Favoring of LinkedIn over rivals and packaged products making operation more difficult for other services, the latter something European Commission regulators have gone after Google for, are considered main concerns held by the agency, ones these measures are intended to ease.
- A formal, definitive ruling on the deal is expected December 6.
Thu, Nov. 17, 4:17 AM
- Russia has formally blocked professional social network LinkedIn (NYSE:LNKD), according to communications watchdog Roskomnadzor.
- The landmark ban comes a week after a Moscow court upheld a decision to block the company for not agreeing to store personal data of Russian users within the country's borders, a law that came into effect a year ago.
Wed, Nov. 16, 4:47 AM
- Seeking to allay concerns over its largest ever deal, Microsoft (NASDAQ:MSFT) has offered concessions to EU antitrust regulators over its $26B bid for LinkedIn (NYSE:LNKD).
- The European Commission, which will rule on the deal by Dec. 6, did not provide details.
- It's expected to seek feedback from rivals and customers before deciding whether to accept the concessions, demand more or open a full investigation.
Thu, Nov. 10, 11:55 AM
- Dispute stems from Russian law requiring foreign and domestic companies to store Russian user data within the country, a regulation LinkedIn has according to the case not complied with.
- LinkedIn: "The Russian court’s decision has the potential to deny access to LinkedIn for the millions of members we have in Russia and the companies that use LinkedIn to grow their businesses. We remain interested in a meeting with Roskomnadzor to discuss their data localization request."
- Regarding additional companies to possibly become impacted by the requirements, the Roskomnadzor agency notes it won't name any entities in particular but offers that other "major internet giants are in the process of complying with the law."
- LinkedIn (LNKD -0.3%) is considered to have over 6M registered users within the country. Access to the platform there is set to be blocked in coming days.
Tue, Nov. 8, 2:29 AM
- Facebook (NASDAQ:FB) is testing a feature that would let page administrators create job postings and receive applications from candidates, a move that could pressure LinkedIn's (NYSE:LNKD) recruiting business.
- What's still unclear is if Facebook plans to monetize the service. LinkedIn makes a hefty chunk of its revenue by tapping job hunters, recruiters and employers who pay monthly fees to connect on its platform.
Wed, Nov. 2, 2:46 AM
- Hackers linked to the Russian military have exploited a previously undisclosed Windows security flaw, according to Microsoft (NASDAQ:MSFT), as President Putin looks to strip the software out of government offices and firms.
- U.S. senior intelligence officials told NBC News the Russian leader is planning to replace all foreign software with domestic alternatives, and has already blocked LinkedIn (NYSE:LNKD), which is being bought by Microsoft.
Thu, Oct. 27, 4:07 PM
Thu, Oct. 27, 1:58 AM
- Speaking at WSJ.D Live in California, Salesforce (NYSE:CRM) CEO Marc Benioff described the recent pair of key acquisitions that got away.
- Twitter: "We've never had a deal leak before... We had to stop because I'm running the business in partnership with my shareholders."
- LinkedIn: "We really liked some of the business fundamentals, [as opposed to Microsoft executives which] specifically said they will create a product that will create a barrier to entry of other companies."
Wed, Oct. 26, 5:35 PM
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Fri, Oct. 14, 2:11 PM
- Antitrust approval has already been granted in the U.S., Canada and Brazil.
- A November 22 deadline has been set by the European Commission to review the arrangement. If concerns arise, an extended investigation would be opened.
- Salesforce (CRM +6.2%), looking to generate added complication, has attacked the deal claiming competition would be hurt should it go through. With today's news the company won't be making a bid for Twitter along with prior commentary, the suggestion LinkedIn (MSFT, LNKD) was the asset Salesforce truly desired to win seems increasingly tenable.
Fri, Sep. 30, 2:05 AM
- Salesforce (NYSE:CRM) is pressing U.S. and European regulators to block Microsoft's $26.2B (NASDAQ:MSFT) acquisition of LinkedIn (NYSE:LNKD), arguing the deal would hurt competition by giving it too much control over the company's vast pool of data.
- Salesforce's public broadside against the deal comes three months after it lost a bidding war for the social-network.
- LinkedIn claims 450M members in more than 200 countries, including 106M monthly active users.
Thu, Sep. 22, 1:57 PM
- LinkedIn Learning will merge content LinkedIn (LNKD +0.1%) gained through its $1.5B Lynda acquisition with its professional data and network.
- Business and higher education users targeted.
- Over 9K courses available.
- With Microsoft's (MSFT +0.2%) takeover of LinkedIn pending, the former will be looking to further leverage the latter's 450M users in education and other arenas going forward.
- Content overview
- Blog post