The software giant and the professional social network closed the $26.2 billion acquisition that was agreed on in June, Microsoft CEO Satya Nadella announced Thursday along with a list of immediate changes. SEE ALSO: Here's why some people are getting $20 checks from LinkedIn Nadella wrote that the mission is to "accelerate" LinkedIn's growth. Currently, the site receives more than 100 million visitors per month. Almost no matter what you use Microsoft for, get ready to see more from LinkedIn. The changes will bring together LinkedIn's content and network with Microsoft's productivity tools.
Microsoft's blockbuster 26 billion acquisition of LinkedIn on Monday may have come out of left field, but it was a courtship many years in the making. From LinkedIn's earliest days after launching 14 years ago, Microsoft was considered the only possible "logical buyer," according to one LinkedIn insider. The problem was Microsoft -- like most of its peers -- didn't see the logic in buying LinkedIn. "People never fully understood the value LinkedIn was creating until after they went public," says Mark Kvamme, an early LinkedIn investor and former member of its board of directors. "No one ever truly understood the value of what Reid [Hoffman, founder] and Jeff [Weiner, CEO] were building."
LinkedIn announced Monday three new products aimed at expanding its reach in India, the company's second-largest market globally. The initiatives -- LinkedIn Placements, LinkedIn Starter Pack, and LinkedIn Lite -- are aimed at "democratizing access to economic opportunity in India," the company said. "While LinkedIn has grown multiple folds in India since we started operating here 6 years ago, there's so much more we want to do here. We are committed to India and to boosting our ability to deliver value to even more members and be a part of their professional growth journey, by investing and innovating locally," LinkedIn India head Akshay Kothari said at the launch Monday. LinkedIn Placements, whose pilot launch took place November 2015, seeks to provide a "level playing field" for Indian college and university students through the use of a common online assessment test for openings in 35 companies, both local and international.
This is the first in a series of posts all focused on the most powerful social media tool for building your personal brand – LinkedIn. In this post, I'll tell you everything you need to know to build a stellar profile. I am amazed by how many career-minded professionals don't have a LinkedIn profile or haven't updated it in years. As the work world continues to embrace the virtual world, your LinkedIn profile is you to those who don't know you. So it's worth spending some effort to get it into shape.
It's only been a day since Microsoft killed Outlook.com Today, the company announced that it will bring LinkedIn integration to Outlook.com subscribers, a feature that has been part of Windows 10 since June of this year. Tell Me users can now search across their company, share files with co-workers, and use slides and graphs from previous documents. LinkedIn integration is rolling out to Outlook.com members now, says Microsoft, and will arrive for all customers by the end of November.