Monday, 13 June 2016

Microsoft to buy social network LinkedIn for $26.2 billion

Microsoft is starting this week off with a bang by announcing that it’s acquiring a major social network. 

Microsoft has agreed to acquire LinkedIn for a cool $26.2 billion. As part of the deal, LinkedIn will retain its branding and independence, and current CEO Jeff Weiner will remain in his position but will report to Microsoft CEO Satya Nadella.

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