Rumor has it LinkedIn is in talks with media giant News Corporation over a possible buyout in January 2008. LinkedIn is firmly in the mainstream. Most of its users are mature professionals and it has a healthy number of early adopters. These people are gradually abandoning recruitment advertising in newspapers. Instead they use LinkedIn and sites like it - even, increasingly, Facebook - to build their professional network and advance their careers. In particular, LinkedIn appeals to the top of the professional market because older business people have a tougher time seeing the value of Facebook’s wackiness. News Corporation, headed by the shrewd Rupert Murdoch, owns some of the premier advertising properties aimed at top-tier professionals including The Wall Street Journal and (in the UK) The Times and The Sunday Times.http://uk.techcrunch.com/2007/11/22/rumour-news-corp-to-buy-linkedin/
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