LinkedIn profit beats as recruitment services revenue jumps

(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.

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Facebook CEO Zuckerberg and wife expecting a baby girl

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg and his wife, Priscilla Chan, are expecting a baby girl, he said on his Facebook page on Friday. Zuckerberg, 31, did not say when their daughter is due but said the pregnancy was far enough along that the risk of miscarriage was low.

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LinkedIn follows Twitter, shocks social media investors

Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast. LinkedIn reported on Thursday its slowest quarterly revenue growth since it went public four years ago. The surprisingly weak results followed Twitter Inc's on Tuesday.

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Growth in hiring business drives LinkedIn revenue beat

LinkedIn's hiring business has been thriving, clocking revenue growth of nearly 50 percent in each of the last three quarters, helped by rapid expansion in international markets such as China. “In the fourth-quarter, more than 75 percent of new members came to LinkedIn from outside the United States,” Chief Executive Jeff Weiner said on a post-earnings call. The company added 3,000 new customers to its hiring business in the quarter, Chief Financial Officer Steve Sordello said.

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Google partners with auto suppliers on self-driving car

By Paul Lienert and Joe White DETROIT (Reuters) – Internet company Google Inc has begun discussions with most of the world's top automakers and has assembled a team of traditional and nontraditional suppliers to speed up efforts to bring self-driving cars to market by 2020, a top Google executive said on Wednesday.

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Exclusive: Google aiming to go straight into car with next Android – sources

By Alexei Oreskovic and Ben Klayman SAN FRANCISCO/DETROIT (Reuters) – Google Inc is laying the groundwork for a version of Android that would be built directly into cars, sources said, allowing drivers to enjoy all the benefits of the Internet without even plugging in their smartphones.

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