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LinkedIn Q2 Earnings Out, Revenue Up 59% YoY LinkedIn Q2 Earnings Out, Revenue Up 59% YoY
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LinkedIn just released its earnings report for the second quarter, with revenue up 59% year-over-year at $363.7 million, beating Wall Street estimates. Net income was $3.7 million, compared to $2.8 million in the second quarter last year. The company also …

LinkedIn Announces 50 Million user Milestone
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LinkedIn today announced that the professional social network has 50 million users worldwide. Perhaps more impressive is its claim that it is growing by "roughly one new member per second."

The company says that when it launched back in 2003, it took 477 days to reach its first million member milestone. The 50th million came much easier, however, in jus 12 days.

Weiner Becomes LinkedIn CEO

LinkedIn has named Jeff Weiner as its CEO, replacing Reid Hoffman, who wil remain on as founder and executive chairman. Weiner has been in the interim president role since January.

During Weiner’s time in the President role, he has overseen all operations and played a defining role in developing and excuting the company’s strategy on a global scale.

Yahoo Connects Re-Org To Mission
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The minor shuffling Yahoo undertook last year saw the formation of three divisions to oversee the company’s operations. Yahoo Network Division head Jeff Weiner explained how it’s going to work.