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== History == === Founding from 2002 to 2011 === [[File:LinkedIn Headquarters Mountain View.jpg|thumb|Former LinkedIn headquarters on Stierlin Court in [[Mountain View, California]]]] The company was founded in December 2002 by [[Reid Hoffman]] and the founding team members from [[PayPal]] and Socialnet.com (Allen Blue, [[Eric Ly]], Jean-Luc Vaillant, Lee Hower, Konstantin Guericke, Stephen Beitzel, David Eves, Ian McNish, Yan Pujante, Chris Saccheri).<ref>{{cite web |title=Founders |website=LinkedIn |url=https://www.linkedin.com/static?key=founders |archive-url=https://web.archive.org/web/20150214143233/https://www.linkedin.com/static?key=founders |url-status=dead |archive-date=February 14, 2015 |access-date=July 15, 2016}}</ref> In late 2003, [[Sequoia Capital]] led the [[Series A round|Series A]] investment in the company.<ref>{{Cite web |title=Sequoia Capital "Links In" with $4.7 Million Investment |url=http://press.linkedin.com/news-releases/index.php/2003/11/sequoia-capital-links-in-with-47-million-investment |access-date=2022-12-11 |website=press.linkedin.com |language=en |archive-date=October 19, 2023 |archive-url=https://web.archive.org/web/20231019100619/https://news.linkedin.com/ |url-status=live }}</ref> In August 2004, LinkedIn reached 1 million users.<ref name="Byers2013">{{cite book |last=Byers |first=Ann |title=Reid Hoffman and Linkedin |url=https://books.google.com/books?id=GR2EAAAAQBAJ&pg=PA2003 |date=July 15, 2013 |publisher=The Rosen Publishing Group |isbn=978-1-4488-9537-3 |pages=2003β |access-date=December 1, 2016 |archive-date=July 6, 2018 |archive-url=https://web.archive.org/web/20180706182453/https://books.google.com/books?id=GR2EAAAAQBAJ&pg=PA2003 |url-status=live }}</ref> In March 2006, LinkedIn achieved its first month of profitability.<ref name="Byers2013"/> In April 2007, LinkedIn reached 10 million users.<ref name="Byers2013"/> In February 2008, LinkedIn launched a mobile version of the site.<ref name="MyUser_Https:_September_11_2016c">{{cite web |url=https://blog.linkedin.com/2008/02/24/linkedin-mobile-2 |title=Announcing LinkedIn Mobile (includes an iPhone version) |access-date=September 11, 2016 |archive-date=September 20, 2016 |archive-url=https://web.archive.org/web/20160920001546/https://blog.linkedin.com/2008/02/24/linkedin-mobile-2 |url-status=live }}</ref> In June 2008, [[Sequoia Capital]], [[Greylock Partners]], and other [[venture capital]] firms purchased a 5% [[Equity (finance)|stake]] in the company for $53 million, giving the company a [[post-money valuation]] of approximately $1 billion.<ref>{{cite news |url=http://www.latimes.com/business/la-fi-linkedin18-2008jun18,0,6631759.story |title=Professional networking site LinkedIn valued at $1 billion |work=[[Los Angeles Times]] |date=June 18, 2008 |access-date=August 1, 2013 |first=Jessica |last=Guynn |archive-url=https://web.archive.org/web/20080622142348/http://www.latimes.com/business/la-fi-linkedin18-2008jun18%2C0%2C6631759.story |url-status=live |archive-date=June 22, 2008 }}</ref> In November 2009, LinkedIn opened its office in [[Mumbai]]<ref>{{Cite news |url=http://www.business-standard.com/article/technology/linkedin-s-first-asia-pac-office-in-india-109121700047_1.html |title=LinkedIn's first Asia-Pac office in India |last=Shinde |first=Shivani |date=December 17, 2009 |work=Business Standard India |access-date=January 5, 2018 |archive-date=January 5, 2018 |archive-url=https://web.archive.org/web/20180105233630/http://www.business-standard.com/article/technology/linkedin-s-first-asia-pac-office-in-india-109121700047_1.html |url-status=live }}</ref> and soon thereafter in Sydney, as it started its Asia-Pacific team expansion. In 2010, LinkedIn opened an International Headquarters in Dublin, [[Economy of the Republic of Ireland#Information and communications technology|Ireland]],<ref>{{Cite press release |title=LinkedIn establishment of International Headquarters in Dublin welcomed by IDA Ireland |date=March 23, 2010 |url=https://www.idaireland.com/newsroom/linkedin-ireland-expands-to-2,000 |access-date=August 2, 2013 |archive-url=https://web.archive.org/web/20121025045354/http://www.idaireland.com/news-media/press-releases/linkedin-establishment-of/ |archive-date=October 25, 2012 |url-status=dead |publisher=[[IDA Ireland]]}}</ref> received a $20 million investment from [[Tiger Global Management]] LLC at a valuation of approximately $2 billion,<ref>{{cite news |url=http://www.bloomberg.com/news/2010-07-27/linkedin-valued-at-more-than-2-billion-after-investment-by-tiger-global.html |title=Tiger Global Said to Invest in LinkedIn at $2 billion Valuation |date=July 28, 2010 |access-date=May 16, 2013 |last=Levy |first=Ari |website=Bloomberg |publisher=[[Bloomberg L.P.]] |archive-url=https://web.archive.org/web/20111229160800/http://www.bloomberg.com/news/2010-07-27/linkedin-valued-at-more-than-2-billion-after-investment-by-tiger-global.html |archive-date=December 29, 2011 |url-status=live}}</ref> announced its first acquisition, Mspoke,<ref>{{cite news |url=https://www.forbes.com/2010/08/03/social-network-mspoke-technology-linkedin.html |title=LinkedIn Hooks Up |work=Forbes |date=August 4, 2010 |access-date=August 5, 2010 |first=Quentin |last=Hardy |archive-url=https://web.archive.org/web/20100805092334/http://www.forbes.com/2010/08/03/social-network-mspoke-technology-linkedin.html |url-status=live |archive-date=August 5, 2010}}</ref> and improved its 1% [[Premium (marketing)|premium]] subscription ratio.<ref>{{cite news |url=http://www.economist.com/node/14931599 |title=Does local beat global in the professional-networking business? |newspaper=[[The Economist]] |date=November 19, 2009 |access-date=August 5, 2010 |archive-url=https://web.archive.org/web/20091128114741/http://www.economist.com/node/14931599 |url-status=live |archive-date=November 28, 2009}}</ref> In October of that year, Silicon Valley Insider ranked the company No. 10 on its Top 100 List of most valuable startups.<ref>{{cite web |url=http://www.businessinsider.com/2010-digital-100-companies-1-100 |title=2010 Digital 100 Companies 1β100 |first=Adam |last=Fusfeld |date=September 23, 2010 |access-date=December 17, 2010 |website=[[Business Insider]] |url-status=live |archive-url=https://web.archive.org/web/20101213054153/http://www.businessinsider.com/2010-digital-100-companies-1-100 |archive-date=December 13, 2010}}</ref> By December, the company was valued at $1.575 billion in private markets.<ref>{{cite web |last1=Demos |first1=Telis |last2=Menn |first2=Joseph |title=LinkedIn looks for boost with IPO |url=https://www.ft.com/content/59e47ba4-2a54-11e0-b906-00144feab49a |work=[[Financial Times]] |access-date=June 4, 2020 |date=January 27, 2011 |archive-date=June 3, 2020 |archive-url=https://web.archive.org/web/20200603190604/https://www.ft.com/content/59e47ba4-2a54-11e0-b906-00144feab49a |url-status=live }}{{Registration required}}</ref> LinkedIn started its India operations in 2009 and a major part of the first year was dedicated to understanding professionals in India and educating members to leverage LinkedIn for career development. === 2011 to present === [[File:222secondStreet.jpg|thumb|LinkedIn office building at [[222 Second Street]] in San Francisco (opened in March 2016)]] [[File:LinkedInOfficeToronto2.jpg|thumb|LinkedIn office in Toronto inside the [[Toronto Eaton Centre]]]] LinkedIn filed for an [[initial public offering]] in January 2011. The company traded its first shares on May 19, 2011, under the NYSE symbol "LNKD", at $45 (~${{Format price|{{Inflation|index=US-GDP|value=45|start_year=2011}}}} in {{Inflation/year|US-GDP}}) per share.<ref>{{Cite web |last=Rao |first=Leena |date=2011-05-19 |title=LinkedIn IPO Shares Pop 84 Percent On First Trade, Opens With $7.8B Market Cap |url=https://techcrunch.com/2011/05/19/linkedin-ipo-shares-pop-84-percent-on-first-trade/ |url-status=live |archive-url=https://web.archive.org/web/20230608160311/https://techcrunch.com/2011/05/19/linkedin-ipo-shares-pop-84-percent-on-first-trade/ |archive-date=June 8, 2023 |access-date=2023-06-08 |website=TechCrunch |language=en-US}}</ref> Shares of LinkedIn rose as much as 171% on their first day of trade on the New York Stock Exchange and closed at $94.25, more than 109% above [[Initial public offering|IPO]] price. Shortly after the IPO, the site's underlying infrastructure was revised to allow accelerated revision-release cycles.<ref name="hempel2013"/> In 2011, LinkedIn earned $154.6 million in advertising revenue alone, surpassing [[Twitter]], which earned $139.5 million.<ref>[http://paidcontent.org/article/419-social-network-ads-linkedin-falls-behind-twitter-facebook-biggest-of-al/ "Social Network Ads: LinkedIn Falls Behind Twitter; Facebook Biggest of All"] {{webarchive |url=https://web.archive.org/web/20120203060134/http://paidcontent.org/article/419-social-network-ads-linkedin-falls-behind-twitter-facebook-biggest-of-al/ |date=February 3, 2012 }}. Lunden, Ingrid January 31, 2012.</ref> LinkedIn's fourth-[[Quarterly finance report|quarter]] 2011, earnings soared because of the company's increase in success in the social media world.<ref>[https://blogs.wsj.com/marketbeat/2012/02/10/stocks-to-watch-nuance-communications-linkedin-merck-and-more/?mod=google_news_blog "Stocks to Watch: Nuance Communications, LinkedIn, Merck and More"] {{Webarchive|url=https://web.archive.org/web/20171018154631/https://blogs.wsj.com/marketbeat/2012/02/10/stocks-to-watch-nuance-communications-linkedin-merck-and-more/?mod=google_news_blog |date=October 18, 2017 }}. Thomson Maya and Pope-Chappell Maya February 13, 2012.</ref> By this point, LinkedIn had about 2,100 full-time employees compared to the 500 that it had in 2010.<ref>{{Cite web |title=About Us β LinkedIn |url=https://press.linkedin.com/about-linkedin |url-status=live |archive-url=https://web.archive.org/web/20150204055540/https://press.linkedin.com/about-linkedin |archive-date=February 4, 2015 |access-date=June 13, 2016 |publisher=LinkedIn}}</ref> In April 2014, LinkedIn announced that it had leased [[222 Second Street]], a 26-story building under construction in [[South of Market, San Francisco|San Francisco's SoMa]] district, to accommodate up to 2,500 of its employees,<ref name=":0">{{Cite web |date=April 23, 2014 |title=LinkedIn leases 26-story S.F. skyscraper |url=http://www.sfgate.com/technology/article/LinkedIn-leases-skyscraper-under-construction-in-5422501.php |url-status=live |archive-url=https://web.archive.org/web/20141020232948/http://www.sfgate.com/technology/article/LinkedIn-leases-skyscraper-under-construction-in-5422501.php |archive-date=October 20, 2014 |access-date=October 17, 2014 |website=SFGate}}</ref> with the lease covering 10 years.<ref name="sfbusiness">{{Cite web |date=March 25, 2016 |title=LinkedIn connects all its S.F. employees under one roof at Tishman Speyer's tower at 222 Second St. |url=http://www.bizjournals.com/sanfrancisco/print-edition/2016/03/25/linkedin-222-second-st-sf-hq-tishman-speyer.html |url-status=live |archive-url=https://web.archive.org/web/20170227102216/http://www.bizjournals.com/sanfrancisco/print-edition/2016/03/25/linkedin-222-second-st-sf-hq-tishman-speyer.html |archive-date=February 27, 2017 |access-date=April 2, 2016 |website=San Francisco Business Times}}</ref> The goal was to join all San Francisco-based staff (1,250 as of January 2016) in one building, bringing sales and [[marketing]] employees together with the [[Research and Development Efficiency Act|research and development]] team.<ref name="sfbusiness" /> In March 2016 they started to move in.<ref name="sfbusiness" /> In February 2016 following an earnings report, LinkedIn's shares dropped 43.6% within a single day, down to $108.38 per share. LinkedIn lost $10 billion of its [[market capitalization]] that day.<ref>{{Cite web |last=Cohen |first=Luc |date=February 8, 2016 |title=CEOs, venture backers lose big as LinkedIn, Tableau shares tumble |url=https://www.reuters.com/article/us-tech-stocks-lnkin-corp-tableau-softwa-idUSKCN0VH082 |url-status=live |archive-url=https://web.archive.org/web/20170620012702/http://www.reuters.com/article/us-tech-stocks-lnkin-corp-tableau-softwa-idUSKCN0VH082 |archive-date=June 20, 2017 |access-date=July 1, 2017 |website=Reuters}}</ref><ref>{{Cite web |last=Rosenfeld |first=Everett |date=February 5, 2016 |title=LinkedIn skids 40%, erases $10B in market cap |url=https://www.cnbc.com/2016/02/04/linkedin-reports-q4-earnings.html |url-status=live |archive-url=https://web.archive.org/web/20160616092957/http://www.cnbc.com/2016/02/04/linkedin-reports-q4-earnings.html |archive-date=June 16, 2016 |access-date=June 10, 2016 |website=Cnbc.com}}</ref> In 2016, access to LinkedIn was blocked by [[Russian authorities]] for non-compliance with the 2015 national legislation that requires social media networks to store citizens' personal data on servers located in Russia.<ref>{{Cite journal |last=Maida |first=Adam |date=June 18, 2020 |title=Online and On All Fronts: Russia's Assault on Freedom of Expression |url=https://www.hrw.org/report/2017/07/18/online-and-all-fronts/russias-assault-freedom-expression# |url-status=live |archive-url=https://web.archive.org/web/20200810161322/https://www.hrw.org/report/2017/07/18/online-and-all-fronts/russias-assault-freedom-expression |archive-date=August 10, 2020 |access-date=July 19, 2020 |website=[[Human Rights Watch]]}}</ref> In June 2016, [[Microsoft]] announced that it would acquire LinkedIn for $196 a share, a total value of $26.2 billion. It was the largest [[List of mergers and acquisitions by Microsoft|acquisition made by Microsoft]], until the [[Acquisition of Activision Blizzard by Microsoft|acquisition of Activision Blizzard]] in 2022. The acquisition would be an all-cash, debt-financed transaction. Microsoft would allow LinkedIn to "retain its distinct brand, culture and independence", with Weiner to remain as CEO, who would then report to Microsoft CEO [[Satya Nadella]]. Analysts believed Microsoft saw the opportunity to integrate LinkedIn with its [[Microsoft Office|Office product suite]] to help better integrate the professional network system with its [[Product (business)|products]]. The deal was completed on December 8, 2016.<ref name="wsj ms">{{Cite news |last1=Greene |first1=Jay |last2=Steele |first2=Anne |date=June 13, 2016 |title=Microsoft to Acquire LinkedIn for $26.2 Billion |url=https://www.wsj.com/articles/microsoft-to-acquire-linkedin-in-deal-valued-at-26-2-billion-1465821523 |url-status=live |archive-url=https://web.archive.org/web/20210124182442/https://www.wsj.com/articles/microsoft-to-acquire-linkedin-in-deal-valued-at-26-2-billion-1465821523 |archive-date=January 24, 2021 |access-date=June 13, 2016 |work=[[Wall Street Journal]]}}</ref> In late 2016, LinkedIn announced a planned increase of 200 new positions in its Dublin office, which would bring the total employee count to 1,200.<ref>{{Cite news |last=O'Brien |first=Ciara |date=November 29, 2016 |title=LinkedIn to add 200 jobs at its EMEA HQ in Dublin |url=https://www.irishtimes.com/business/technology/linkedin-to-add-200-jobs-at-its-emea-hq-in-dublin-1.2885573 |url-status=live |archive-url=https://web.archive.org/web/20170222130533/http://www.irishtimes.com/business/technology/linkedin-to-add-200-jobs-at-its-emea-hq-in-dublin-1.2885573 |archive-date=February 22, 2017 |access-date=February 15, 2017 |work=Irish Times}}</ref> Since 2017 94% of B2B marketers use LinkedIn to distribute content.<ref>{{Cite web |last=Rynne |first=Alexandra |date=February 1, 2017 |title=10 Surprising Stats You Didn't Know about Marketing on LinkedIn |url=https://business.linkedin.com/marketing-solutions/blog/linkedin-b2b-marketing/2017/10-surprising-stats-you-didnt-know-about-marketing-on-linkedin |url-status=live |archive-url=https://web.archive.org/web/20181011051837/https://business.linkedin.com/marketing-solutions/blog/linkedin-b2b-marketing/2017/10-surprising-stats-you-didnt-know-about-marketing-on-linkedin |archive-date=October 11, 2018 |access-date=October 15, 2018 |website=LinkedIn Marketing Solutions Blog |language=en-us}}</ref> Soon after LinkedIn's acquisition by Microsoft, LinkedIn's new desktop version was introduced.<ref name="LinkedIn Corporate Communications Team">LinkedIn Corporate Communications Team for LinkedIn Newsroom. January 19, 2017 [https://press.linkedin.com/site-resources/news-releases/2017/introducing-the-new-linkedin-desktop Introducing the New LinkedIn Desktop] {{Webarchive|url=https://web.archive.org/web/20170127180830/https://press.linkedin.com/site-resources/news-releases/2017/introducing-the-new-linkedin-desktop |date=January 27, 2017 }}</ref> The new version was meant to make the user experience similar across mobile and desktop. Some changes were made according to the feedback received from the previously launched mobile app. Features that were not heavily used were removed. For example, the contact tagging and filtering features are not supported anymore.<ref>{{Cite web |date=February 2, 2017 |title=Filtering and Tagging Connections Feature β No Longer Available |url=https://www.linkedin.com/help/linkedin/answer/72331?lang=en |website=LinkedIn Help Pages}}</ref> Following the launch of the new [[user interface]] (UI), some users complained about the missing features which were there in the older version, slowness, and bugs in it. The issues were faced by free and premium users and with both the desktop and mobile versions of the site. In 2019, LinkedIn launched globally the feature Open for Business that enables freelancers to be discovered on the platform.<ref>{{Cite news |title=LinkedIn Brings Its 'Open for Business' Feature to India |url=https://gadgets.ndtv.com/social-networking/news/linkedin-brings-its-open-for-business-feature-to-india-and-the-rest-of-the-world-2130826 |url-status=live |archive-url=https://web.archive.org/web/20210113174559/https://gadgets.ndtv.com/social-networking/news/linkedin-brings-its-open-for-business-feature-to-india-and-the-rest-of-the-world-2130826 |archive-date=January 13, 2021 |access-date=January 13, 2021 |work=NDTV Gadgets 360 |language=en}}</ref><ref>{{Cite news |title=Open for Business: LinkedIn launches 'Open for Business' feature globally for SMEs |url=https://economictimes.indiatimes.com/small-biz/sme-sector/linkedin-launches-open-for-business-feature-globally-for-smes/articleshow/72005009.cms |url-status=live |archive-url=https://web.archive.org/web/20211008100758/https://economictimes.indiatimes.com/small-biz/sme-sector/linkedin-launches-open-for-business-feature-globally-for-smes/articleshow/72005009.cms |archive-date=October 8, 2021 |access-date=January 13, 2021 |work=The Economic Times}}</ref> LinkedIn Events was launched in the same year.<ref>{{Cite news |date=October 17, 2019 |title=LinkedIn Launches Events to Facilitate Professional Meet-Ups |url=https://www.socialmediatoday.com/news/linkedin-launches-events-to-facilitate-professional-meet-ups/565171/ |url-status=live |archive-url=https://web.archive.org/web/20210210222338/https://www.socialmediatoday.com/news/linkedin-launches-events-to-facilitate-professional-meet-ups/565171/ |archive-date=February 10, 2021 |access-date=January 13, 2021 |work=Social Media Today}}</ref><ref>{{Cite news |date=October 17, 2019 |title=LinkedIn Launches Its Own Events Feature |url=https://wersm.com/linkedin-launches-its-own-events-feature/ |url-status=live |archive-url=https://web.archive.org/web/20201206013938/https://wersm.com/linkedin-launches-its-own-events-feature/ |archive-date=December 6, 2020 |access-date=January 13, 2021 |work=WeRSM - We are Social Media}}</ref> In June 2020, Jeff Weiner stepped down as CEO and become executive chairman after 11 years in the role. Ryan Roslansky stepped up as CEO from his previous position as the senior vice president of product.<ref>{{Cite news |last=Arbel |first=Tali |date=February 5, 2020 |title=LinkedIn CEO steps aside after 11 years, says time is right |url=https://www.seattletimes.com/business/linkedin-ceo-steps-aside-after-11-years-says-time-is-right/ |url-status=live |archive-url=https://web.archive.org/web/20200206143636/https://www.seattletimes.com/business/linkedin-ceo-steps-aside-after-11-years-says-time-is-right/ |archive-date=February 6, 2020 |access-date=February 6, 2020 |work=[[The Seattle Times]]}}</ref> In late July 2020, LinkedIn announced it [[Layoff|laid off]] 960 employees, about 6 percent of the total workforce, from the talent acquisition and global sales teams. In an email to all employees, CEO [[Ryan Roslansky]] said the cuts were due to effects of the global [[COVID-19 pandemic]].<ref>{{Cite news |last=Holt |first=Kris |date=July 21, 2020 |title=LinkedIn will cut nearly 1,000 jobs as pandemic slows global hiring |url=https://www.engadget.com/linkedin-layoffs-coronvirus-covid-19-181138219.html |url-status=live |archive-url=https://web.archive.org/web/20200721194718/https://www.engadget.com/linkedin-layoffs-coronvirus-covid-19-181138219.html |archive-date=July 21, 2020 |access-date=July 22, 2020 |work=[[Engadget]]}}</ref> In April 2021, CyberNews claimed that 500 million LinkedIn's accounts have leaked online.<ref>{{Cite web |date=2021-04-06 |title=LinkedIn Leak - 500M Records Leaked and Being Sold |url=https://cybernews.com/news/stolen-data-of-500-million-linkedin-users-being-sold-online-2-million-leaked-as-proof-2/ |url-status=live |archive-url=https://web.archive.org/web/20210412045402/https://cybernews.com/news/stolen-data-of-500-million-linkedin-users-being-sold-online-2-million-leaked-as-proof-2/ |archive-date=April 12, 2021 |access-date=2021-04-12 |website=CyberNews}}</ref> However, LinkedIn stated that "We have investigated an alleged set of LinkedIn data that has been posted for sale and have determined that it is actually an aggregation of data from a number of websites and companies".<ref>{{Cite web |date=April 8, 2021 |title=An update on report of scraped data |url=https://news.linkedin.com/2021/april/an-update-from-linkedin |url-status=live |archive-url=https://web.archive.org/web/20210412045403/https://news.linkedin.com/2021/april/an-update-from-linkedin |archive-date=April 12, 2021 |access-date=2021-04-12 |website=LinkedIn Pressroom |language=en}}</ref><ref>{{Cite web |last=Peters |first=Jay |date=2021-04-08 |title=Another 500 million accounts have leaked online, and LinkedIn's in the hot seat |url=https://www.theverge.com/2021/4/8/22374464/linkedin-data-leak-500-million-accounts-scraped-microsoft |url-status=live |archive-url=https://web.archive.org/web/20210412045403/https://www.theverge.com/2021/4/8/22374464/linkedin-data-leak-500-million-accounts-scraped-microsoft |archive-date=April 12, 2021 |access-date=2021-04-12 |website=The Verge |language=en}}</ref> In June 2021, PrivacySharks claimed that more than 700 million LinkedIn records were on sale on a hacker forum.<ref>{{Cite web |last=Paul Wagenseil |date=June 29, 2021 |title=700 million exposed in LinkedIn data scrape β what to do now |url=https://www.tomsguide.com/news/linkedin-data-scrape-700-million |url-status=live |archive-url=https://web.archive.org/web/20210709065801/https://www.tomsguide.com/news/linkedin-data-scrape-700-million |archive-date=July 9, 2021 |access-date=2021-07-06 |website=Tom's Guide |language=en}}</ref><ref>{{Cite web |last=Lovejoy |first=Ben |date=2021-06-29 |title=LinkedIn breach reportedly exposes data of 92% of users |url=https://9to5mac.com/2021/06/29/linkedin-breach/ |url-status=live |archive-url=https://web.archive.org/web/20210706121724/https://9to5mac.com/2021/06/29/linkedin-breach/ |archive-date=July 6, 2021 |access-date=2021-07-06 |website=9to5Mac |language=en-US}}</ref> LinkedIn later stated that this is not a breach, but scraped data which is also a violation of their Terms of Service.<ref>{{Cite web |date=2021-06-27 |title=Exclusive: 700 Million LinkedIn Records Leaked June 2021 {{!}} Safety First |url=http://www.privacysharks.com/exclusive-700-million-linkedin-records-for-sale-on-hacker-forum-june-22nd-2021/ |url-status=live |archive-url=https://web.archive.org/web/20210706092604/https://www.privacysharks.com/exclusive-700-million-linkedin-records-for-sale-on-hacker-forum-june-22nd-2021/ |archive-date=July 6, 2021 |access-date=2021-07-06 |website=PrivacySharks |language=en-US}}</ref> Microsoft ended LinkedIn operations in China in October 2021.<ref>{{Cite news |last=Woo |first=Liza Lin and Stu |date=14 October 2021 |title=Microsoft Folds LinkedIn Social-Media Service in China |url=https://www.wsj.com/articles/microsoft-abandons-linkedin-in-china-citing-challenging-operating-environment-11634220026?mod=hp_lead_pos1 |url-status=live |archive-url=https://web.archive.org/web/20211014174723/https://www.wsj.com/articles/microsoft-abandons-linkedin-in-china-citing-challenging-operating-environment-11634220026?mod=hp_lead_pos1 |archive-date=October 14, 2021 |access-date=14 October 2021 |work=The Wall Street Journal}}</ref> In 2022, LinkedIn earned $13.8 billion in revenue, compared to $10.3 billion in 2021.<ref>{{Cite web |last=McCain |first=Abby |date=2023-03-06 |title=35+ Key LinkedIn Statistics [2023]: Users, Businesses, And Must-Know Recruiter Facts |url=https://www.zippia.com/advice/linkedin-statistics/ |url-status=live |archive-url=https://web.archive.org/web/20230608153229/https://www.zippia.com/advice/linkedin-statistics/ |archive-date=June 8, 2023 |access-date=2023-06-08 |website=Zippia |language=en}}</ref> In May 2023, LinkedIn cut 716 positions from its 20,000 workforce. The move, according to a letter from the company's CEO Ryan Roslansky, was made to streamline the business's operations. Roslansky further stated that this decision would result in the creation of 250 job opportunities. Additionally, LinkedIn also announced the discontinuance of its China local job apps.<ref>{{Cite news |title=Tech layoffs: LinkedIn cuts 700 jobs and closes China app |url=https://www.bbc.com/news/business-65529664 |url-status=live |archive-url=https://web.archive.org/web/20230509114044/https://www.bbc.com/news/business-65529664 |archive-date=May 9, 2023 |access-date=May 9, 2023 |work=BBC}}</ref> In June 2024, Axios reported LinkedIn was testing a new [[AI]] assistant for its paid Premium users.<ref>{{Cite news |last=Fischer |first=Sara |date=2024-06-11 |title=LinkedIn tests AI assistant for Premium members |url=https://www.axios.com/2024/06/11/linkedin-premium-ai-assistant-microsoft |access-date=2024-06-12 |work=[[Toggle the table of contents Axios (website)|Toggle the table of contents Axios]]}}</ref> In September 2024, LinkedIn suspended its use of UK user data for AI model training after concerns were raised by the [[Information Commissioner's Office]] (ICO). The platform had quietly opted in users globally for data use in AI training. However, following ICO feedback, LinkedIn paused this practice for UK users. A company spokesperson stated that LinkedIn has always allowed users to control how their data is used and has now provided UK users with an opt-out option.<ref>{{Cite news |date=20 September 2024 |title=LinkedIn suspends AI training using UK user data |url=https://www.bbc.com/news/articles/cy89x4y1pmgo |archive-url=https://web.archive.org/web/20240922073008/https://www.bbc.com/news/articles/cy89x4y1pmgo |archive-date=22 September 2024 |access-date=24 September 2024 |work=BBC News}}</ref> In November 2024, Linkedin challenged [[Online Safety Amendment|Australian legislation which sought to ban under-16's from social media platforms]] on the grounds that it does 'not have content interesting and appealing to minors.'<ref>{{Cite web |date=2024-11-26 |title=LinkedIn: We're too boring for kids for social media ban |url=https://www.bbc.co.uk/news/articles/cx2dz2z72y8o |access-date=2024-11-27 |website=BBC News |language=en-GB |archive-date=November 28, 2024 |archive-url=https://web.archive.org/web/20241128102555/https://www.bbc.co.uk/news/articles/cx2dz2z72y8o |url-status=live }}</ref> === Acquisitions === In July 2012, LinkedIn acquired 15 key [[Digg]] patents for $4 million including a "[[Like button|click a button to vote up a story]]" patent.<ref>[https://techcrunch.com/2012/07/12/digg-sold-to-linkedin-and-the-washington-post-and-betaworks/ ''Digg Sold To LinkedIn AND The Washington Post And Betaworks''] {{Webarchive|url=https://web.archive.org/web/20171216143617/https://techcrunch.com/2012/07/12/digg-sold-to-linkedin-and-the-washington-post-and-betaworks/ |date=December 16, 2017 }}, TechCrunch.com, July 2012</ref> {| class="wikitable sortable" |- ! scope="col" style="width:30px;"| Number ! scope="col" style="width:100px;"| Acquisition date ! scope="col" | Company ! scope="col" | Business ! scope="col" style="width:50px;"| Country ! scope="col" style="width:80px;"| Price ! scope="col" | Description ! scope="col" class="unsortable" | {{Abbr|Ref.|References}} |- scope="row" | 1 | {{dts|2010|8|4}} | mspoke | Adaptive personalization of content | {{flag|USA}} | $0.6 million<ref name="SEC S/1 Filing">{{cite web |url=http://investors.linkedin.com/secfiling.cfm?filingID=1193125-11-295272&CIK=1271024 |title=SEC S/1 Filing |publisher=SEC |date=November 3, 2011 |access-date=November 3, 2011 |archive-date=November 1, 2013 |archive-url=https://web.archive.org/web/20131101234713/http://investors.linkedin.com/secfiling.cfm?filingID=1193125-11-295272&CIK=1271024 |url-status=live }}</ref> | LinkedIn Recommendations | style="text-align:center;"|<ref>{{cite news |url=http://www.post-gazette.com/stories/local/breaking/cmu-startup-mspoke-acquired-by-linkedin-258019/ |title=CMU startup mSpoke acquired by LinkedIn |publisher=post-gazette |date=August 4, 2010 |access-date=August 4, 2010 |first=Erich |last=Schwartzel |archive-date=September 9, 2013 |archive-url=https://web.archive.org/web/20130909064354/http://www.post-gazette.com/stories/local/breaking/cmu-startup-mspoke-acquired-by-linkedin-258019/ |url-status=live }}</ref> |- scope="row" | 2 | {{dts|2010|9|23}} | ChoiceVendor | Social B2B Reviews | {{flag|USA}} | $3.9 million<ref>{{cite news |title=List of Notable Businesses Acquired by LinkedIn |url=https://kennected.org/businesses-acquisitions-by-linkedin/ |access-date=March 27, 2020 |work=Kennected |date=March 19, 2020 |archive-date=March 27, 2020 |archive-url=https://web.archive.org/web/20200327033627/https://kennected.org/businesses-acquisitions-by-linkedin/ |url-status=live }}</ref> | Rate and review B2B service providers | style="text-align:center;"|<ref>{{cite news |url=http://www.businesswire.com/news/home/20100923005446/en/LinkedIn-Acquires-ChoiceVendor |title=LinkedIn acquires ChoiceVendor |date=September 23, 2010 |publisher=BusinessWire |via=businesswire.com |access-date=November 23, 2016 |archive-date=November 23, 2016 |archive-url=https://web.archive.org/web/20161123202740/http://www.businesswire.com/news/home/20100923005446/en/LinkedIn-Acquires-ChoiceVendor |url-status=live }}</ref> |- scope="row" | 3 | {{dts|2011|1|26}} | CardMunch | Social Contacts | {{flag|USA}} | $1.7 million<ref name="SEC S/1 Filing"/> | Scan and import business cards | style="text-align:center;"|<ref>{{cite web |url=https://www.sec.gov/Archives/edgar/data/1271024/000119312511016022/ds1.htm |title=LinkedIn S1 Filing |publisher=SEC |date=January 26, 2011 |access-date=February 24, 2012 |archive-date=December 20, 2018 |archive-url=https://web.archive.org/web/20181220133833/https://www.sec.gov/Archives/edgar/data/1271024/000119312511016022/ds1.htm |url-status=live }}</ref> |- scope="row" | 4 | {{dts|2011|10|5}} | Connected | Social CRM | {{flag|USA}} | - | LinkedIn Connected | style="text-align:center;"|<ref>{{cite web |url=https://www.forbes.com/sites/tomiogeron/2011/10/05/linkedin-acquires-social-crm-company-connected/?sh=112e6a056c3d |title=LinkedIn Acquires Social CRM Company Connected |work=Forbes |date=October 5, 2011 |access-date=September 22, 2021 |archive-date=March 6, 2022 |archive-url=https://web.archive.org/web/20220306035252/https://gum.criteo.com/syncframe?origin=publishertag&topUrl=www.forbes.com |url-status=live }}</ref> |- scope="row" | 5 | {{dts|2011|10|11}} | IndexTank | Social search | {{flag|USA}} | - | LinkedIn Search | style="text-align:center;"|<ref>{{cite news |url=https://techcrunch.com/2011/10/11/linkedin-buys-real-time-hosted-search-startup-indextank/ |title=LinkedIn Buys Real-Time, Hosted Search Startup IndexTank |work=TechCrunch |date=October 11, 2011 |access-date=October 11, 2011 |archive-date=August 15, 2018 |archive-url=https://web.archive.org/web/20180815201046/https://techcrunch.com/2011/10/11/linkedin-buys-real-time-hosted-search-startup-indextank/ |url-status=live }}</ref> |- scope="row" | 6 | {{dts|2012|2|22}} | Rapportive | Social Contacts | {{flag|USA}} | $15 million<ref>{{cite news |url=https://techcrunch.com/2012/02/22/rapportive-linkedin-acquisition/ |title=Rapportive Announces Acquisition By LinkedIn |work=TechCrunch |date=February 12, 2012 |access-date=February 12, 2012 |archive-date=August 15, 2018 |archive-url=https://web.archive.org/web/20180815201221/https://techcrunch.com/2012/02/22/rapportive-linkedin-acquisition/ |url-status=live }}</ref> | - | style="text-align:center;"|<ref>{{cite web |url=http://www.eweek.com/c/a/Messaging-and-Collaboration/LinkedIn-Buys-Rapportive-Gmail-Contact-Plugin-208870/ |archive-url=https://wayback.archive-it.org/all/20171018160247/http://www.eweek.com/enterprise-apps/linkedin-buys-rapportive-gmail-contact-plug-in |url-status=dead |archive-date=October 18, 2017 |title=LinkedIn acquires Rapportive Gmail Contact plugin |publisher=eweek |date=February 24, 2012 |access-date=February 24, 2012 }}</ref> |- scope="row" | 7 | {{dts|2012}} | [[ESAYA Inc.]] | Social Content | {{flag|USA}} | - | TrueSwitch - Migrate Your Email, Contacts & Calendar data Between Provider's Account | style="text-align:center;"|<ref>{{cite web|url=https://pitchbook.com/profiles/company/87275-26#overview|title=Esaya Overview|website=Pitchbook|access-date=December 15, 2023|archive-date=December 15, 2023|archive-url=https://web.archive.org/web/20231215165020/https://pitchbook.com/profiles/company/87275-26#overview|url-status=live}}</ref> |- scope="row" | 8 | {{dts|2012|5|3}} | [[SlideShare]] | Social Content | {{flag|USA}} | $119 million | Give LinkedIn members a way to discover people through content | style="text-align:center;"|<ref>{{cite web |url=http://www.businessinsider.com/linkedin-is-buying-slideshare-2012-5?op=1 |title=LinkedIn Is Buying SlideShare for $119 Million |website=Business Insider |date=May 3, 2012 |access-date=February 18, 2013 |archive-date=February 11, 2013 |archive-url=https://web.archive.org/web/20130211030128/http://www.businessinsider.com/linkedin-is-buying-slideshare-2012-5?op=1 |url-status=live }}</ref> |- scope="row" | 9 | {{dts|2013|4|11}} | [[Pulse (Application)|Pulse]] | Web / Mobile newsreader | {{flag|USA}} | $90 million | Definitive professional publishing platform | style="text-align:center;"|<ref>{{cite news |url=https://techcrunch.com/2013/04/11/linkedin-acquires-pulse-for-90m-in-stock-and-cash/ |title=LinkedIn Acquires Pulse For $90M In Stock And Cash |work=TechCrunch |date=April 11, 2013 |access-date=April 11, 2013 |archive-date=January 15, 2019 |archive-url=https://web.archive.org/web/20190115100444/https://techcrunch.com/2013/04/11/linkedin-acquires-pulse-for-90m-in-stock-and-cash/ |url-status=live }}</ref> |- scope="row" | 10 | {{dts|2014|2|6}} | [[Bright.com]] | Job Matching | {{flag|USA}} | $120 million | | style="text-align:center;"|<ref>{{cite web |url=https://thenextweb.com/insider/2014/02/06/linkedin-makes-biggest-acquisition-paying-120m-job-matching-service-bright/ |title=LinkedIn makes its biggest acquisition by paying $120m for job matching service Bright |publisher=TNW |date=February 6, 2014 |access-date=April 20, 2014 |archive-date=April 21, 2014 |archive-url=https://web.archive.org/web/20140421064123/http://thenextweb.com/insider/2014/02/06/linkedin-makes-biggest-acquisition-paying-120m-job-matching-service-bright/ |url-status=live }}</ref> |- scope="row" | 11 | {{dts|2014|7|14}} | Newsle | Web application | {{flag|USA}} | - | Allows users to follow real news about their Facebook friends, LinkedIn contacts, and public figures. | style="text-align:center;"|<ref>{{cite web |url=https://dealbook.nytimes.com/2014/07/14/linkedin-acquires-start-up-newsle/ |title=LinkedIn Acquires Start-Up Newsle |date=July 14, 2014 |access-date=July 23, 2014 |archive-date=July 19, 2014 |archive-url=https://web.archive.org/web/20140719163122/http://dealbook.nytimes.com/2014/07/14/linkedin-acquires-start-up-newsle/ |url-status=live }}</ref> |- scope="row" | 11 | {{dts|2014|7|22}} | Bizo | Web application | {{flag|USA}} | $175 million | Helps advertisers reach businesses and professionals | style="text-align:center;"|<ref>{{cite web |url=https://dealbook.nytimes.com/2014/07/22/linkedin-does-another-deal-buying-bizo/?_php=true&_type=blogs&_r=0 |access-date=January 14, 2015 |title=LinkedIn Makes Another Deal, Buying Bizo |date=July 22, 2014 |first=David |last=Gelles |website=DealBook |publisher=[[The New York Times|New York Times]] |archive-date=July 9, 2017 |archive-url=https://web.archive.org/web/20170709101418/https://dealbook.nytimes.com/2014/07/22/linkedin-does-another-deal-buying-bizo/?_php=true&_type=blogs&_r=0 |url-status=live }}</ref> |- scope="row" | 12 | {{dts|2015|3|16}} | Careerify | Web application | {{flag|Canada}} | - | Helps businesses hire people using social media | style="text-align:center;"|<ref>{{cite web |url=https://techcrunch.com/2015/03/16/linkedin-buys-carreerify-to-build-out-its-recruitment-business/#.qtfu3r:9tCt |access-date=March 16, 2015 |title=LinkedIn Buys Careerify to Build out its Recruitment Business |date=March 16, 2016 |first=Ingrid |last=Lunden |website=Tech Crunch |archive-date=March 17, 2015 |archive-url=https://web.archive.org/web/20150317041845/http://techcrunch.com/2015/03/16/linkedin-buys-carreerify-to-build-out-its-recruitment-business/#.qtfu3r:9tCt |url-status=live }}</ref> |- scope="row" | 13 | {{dts|2015|4|2}} | Refresh.io | Web application | {{flag|USA}} | - | Surfaces insights about people in your networks right before you meet them | style="text-align:center;"|<ref>{{cite web |url=https://techcrunch.com/2015/04/02/linkedin-buys-refresh-io-to-add-more-predictive-insights-to-its-products/ |date=April 2, 2015 |access-date=April 6, 2015 |title=LinkedIn Buys Refresh.io To Add Predictive Insights To Its Products |first=Lunden |last=Ingrid |website=TechCrunch |archive-date=April 4, 2015 |archive-url=https://web.archive.org/web/20150404214320/http://techcrunch.com/2015/04/02/linkedin-buys-refresh-io-to-add-more-predictive-insights-to-its-products/ |url-status=live }}</ref> |- scope="row" | 14 | {{dts|2015|4|9}} | [[Lynda.com]] | eLearning | {{flag|USA}} | $1.5 billion | Lets users learn business, technology, software, and creative skills through videos | style="text-align:center;"|<ref>{{cite web |url=https://www.businessinsider.in/tech/LinkedIn-just-bought-online-learning-company-Lynda-for-1-5-billion/articleshow/46865136.cms |date=April 9, 2015 |access-date=June 4, 2020 |title=LinkedIn just bought online learning company Lynda for $1.5 billion |first=MAYA |last=KOSOFF |website=BusinessInsider |archive-date=June 4, 2020 |archive-url=https://web.archive.org/web/20200604070618/https://www.businessinsider.in/tech/LinkedIn-just-bought-online-learning-company-Lynda-for-1-5-billion/articleshow/46865136.cms |url-status=live }}</ref> |- scope="row" | 15 | {{dts|2015|8|28}} | Fliptop | Predictive Sales and Marketing Firm | {{flag|USA}} | - | Using data science to help companies close more sales | style="text-align:center;"|<ref>{{cite web |title=LinkedIn acquires predictive marketing firm Fliptop to boost its Sales Solutions offering |url=https://venturebeat.com/2015/08/28/linkedin-acquires-predictive-marketing-firm-fliptop-to-boost-its-sales-solution-offering/ |website=VentureBeat |date=August 29, 2015 |access-date=September 3, 2017 |archive-date=October 10, 2017 |archive-url=https://web.archive.org/web/20171010065147/https://venturebeat.com/2015/08/28/linkedin-acquires-predictive-marketing-firm-fliptop-to-boost-its-sales-solution-offering/ |url-status=live }}</ref> |- scope="row" | 16 | {{dts|2016|2|4}} |[[Connectifier]] | Web application | {{flag|USA}} | - | Helps companies with their recruiting | style="text-align:center;"|<ref>{{cite web |title=LinkedIn acquires recruiting startup Connectifier |url=https://venturebeat.com/2016/02/04/linkedin-acquires-recruiting-startup-connectifier/ |website=VentureBeat |date=February 5, 2016 |access-date=September 3, 2017 |archive-date=July 27, 2017 |archive-url=https://web.archive.org/web/20170727174511/https://venturebeat.com/2016/02/04/linkedin-acquires-recruiting-startup-connectifier/ |url-status=live }}</ref> |- scope="row" | 17 | {{dts|2016|7|26}} | PointDrive | Web application | {{flag|USA}} | - | Lets salespeople share visual content with prospective clients to help seal the deal | style="text-align:center;"|<ref>{{cite web |title=LinkedIn buys PointDrive to boost its social sales platform with sharing |url=https://techcrunch.com/2016/07/26/linkedin-buys-pointdrive-to-boost-its-social-sales-platform-with-sharing/ |website=TechCrunch |date=July 26, 2016 |access-date=July 26, 2016 |archive-date=July 27, 2016 |archive-url=https://web.archive.org/web/20160727163022/https://techcrunch.com/2016/07/26/linkedin-buys-pointdrive-to-boost-its-social-sales-platform-with-sharing/ |url-status=live }}</ref> |- scope="row" | 18 | {{dts|2018|9|16}} | Glint Inc. | Web application | {{flag|USA}} | - | Employee engagement platform. | style="text-align:center;"|<ref>{{cite web |title=LinkedIn acquires employee engagement platform Glint |url=https://techcrunch.com/2018/10/08/linkedin-acquires-employee-engagement-and-retention-platform-glint/ |website=TechCrunch |date=October 8, 2018 |access-date=January 8, 2019 |archive-date=January 15, 2019 |archive-url=https://web.archive.org/web/20190115220242/https://techcrunch.com/2018/10/08/linkedin-acquires-employee-engagement-and-retention-platform-glint/ |url-status=live }}</ref> |- |19 |May 28, 2019 |Drawbridge |Marketing Solutions |{{flag|USA}} | | | style="text-align:center;"|<ref>{{Cite web|url=https://business.linkedin.com/marketing-solutions/blog/linkedin-news/2019/helping-businesses-succeed-with-linkedin|title=Helping Businesses Succeed with LinkedIn|website=business.linkedin.com|language=en|access-date=November 7, 2019|archive-date=March 7, 2020|archive-url=https://web.archive.org/web/20200307170154/https://business.linkedin.com/marketing-solutions/blog/linkedin-news/2019/helping-businesses-succeed-with-linkedin|url-status=live}}</ref> |} === Perkins lawsuit === In 2013, a [[class action]] lawsuit entitled ''Perkins vs. LinkedIn Corp'' was filed against the company, accusing it of automatically sending invitations to contacts in a member's email address book without permission. The court agreed with LinkedIn that permission had in fact been given for invitations to be sent, but not for the two further reminder emails.<ref>{{cite web |url=http://www.pacermonitor.com/view/XKUTHYA/Perkins_et_al_v_LinkedIn_Corporation__candce-13-04303__0001.0.pdf |title=PacerMonitor Document View β 5:13-cv-04303 β Perkins et al v. LinkedIn Corporation, Docket Item 1 |publisher=Pacermonitor.com |date=September 17, 2013 |access-date=October 6, 2015 |archive-date=October 7, 2015 |archive-url=https://web.archive.org/web/20151007122832/http://www.pacermonitor.com/view/XKUTHYA/Perkins_et_al_v_LinkedIn_Corporation__candce-13-04303__0001.0.pdf |url-status=live }}</ref> LinkedIn [[Settlement (litigation)|settled]] the lawsuit in 2015 for $13 million (~${{Format price|{{Inflation|index=US-GDP|value=13000000|start_year=2015}}}} in {{Inflation/year|US-GDP}}).<ref name="auto">{{cite web |url=http://www.businessinsider.com/linkedin-settles-class-action-lawsuit-2015-10 |title=LinkedIn settles class-action lawsuit β Business Insider |date=October 2, 2015 |work=Business Insider |access-date=October 3, 2015 |archive-date=October 4, 2015 |archive-url=https://web.archive.org/web/20151004184458/http://www.businessinsider.com/linkedin-settles-class-action-lawsuit-2015-10 |url-status=live }}</ref> Many members should have received a notice in their email with the subject line "Legal Notice of Settlement of Class Action". The Case No. is 13-CV-04303-LHK.<ref>{{cite web |url=http://www.addconnectionssettlement.com/media/382718/preliminary_approval_order.pdf |title=Preliminary Approval Order |last=United States District Court |first=Northern District of California San Jose Division |date=September 17, 2013 |website=addconnectionssettlement.com |publisher=GILARDI & CO LLC |access-date=October 26, 2016 |archive-date=October 18, 2017 |archive-url=https://web.archive.org/web/20171018154635/http://www.addconnectionssettlement.com/media/382718/preliminary_approval_order.pdf |url-status=usurped }}</ref> === ''hiQ Labs v. LinkedIn'' === {{main|hiQ Labs v. LinkedIn}} In May 2017, LinkedIn sent a Cease-And-Desist letter to hiQ Labs, a Silicon Valley startup that collects data from public profiles and provides analysis of this data to its customers. The letter demanded that hiQ immediately cease "scraping" data from LinkedIn's servers, claiming violations of the CFAA (Computer Fraud and Abuse Act) and the DMCA (Digital Millennium Copyright Act). In response hiQ sued LinkedIn in the Northern District of California in [[San Francisco]], asking the court to prohibit LinkedIn from blocking its access to public profiles while the court considered the merits of its request. The court served a preliminary injunction against LinkedIn, which was then forced to allow hiQ to continue to collect public data. LinkedIn appealed this ruling; in September 2019, the appeals court rejected LinkedIn's arguments and the preliminary injunction was upheld. The dispute is ongoing.
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