acquisition Archives - Elite Sites

LinkedIn profit beats as recruitment services revenue jumps

October 29, 2015 publisher 502-million, acquisition, angeles, biggest, earned-more, its-takeover, mountain, mountain-view, princess, said-it-now, the-operator, training-video

(Reuters) – LinkedIn Corp reported higher-than-expected quarterly revenue and profit as it earned more from its recruitment services business and benefited from the acquisition of training video company lynda.com. Shares of LinkedIn, the operator of the biggest social networking site for professionals, rose about 10 percent in extended trading on Thursday. Revenue in the company's Talents Solutions business, which connects recruiters with job candidates, rose 46 percent to $502 million in the third quarter.

News Posts

Egypt’s Sawiris considers buy in Italy internet sector: Corriere della Sera

March 14, 2015 admin acquisition, cairo, corriere, egypt, his-office, internet, italy, naguib-sawiris, reuters, sawiris, speaks-during, telecom, tycoon-said

Naguib Sawiris is considering making an acquisition in Italy's Internet sector, the Egyptian tycoon said in an interview published on Saturday. Sawiris, whose family founded Egypt's giant Orascom group, said in an interview with Corriere della Sera that he planned to create a new data center in Milan, which would be Italy's biggest, by the end of April. “We are also weighing up another acquisition, still in the Internet sector,” said Sawiris, who made an unsuccessful bid to buy a stake in Telecom Italia in 2012