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Sick of Bad Seatmates? Airline to Let You Cherry-Pick

...using social media, of course

(Newser) - Not fun: Being stuck next to a super-chatty traveler or big drinker on a long flight when all you want to do is sleep. The modern-day solution: Forget earplugs, just book on KLM, which will next year launch a service called "meet and seat." The move will allow... More »

Obama on Taxes: Pay It Forward

Pay it forward, he says in Elizabeth Warren-esque appeal

(Newser) - President Obama tackled the economy, jobs, education, and more at today's LinkedIn townhall meeting, the AP reports. Of note: an audience member—later identified as a former Google executive—told Obama he had no job by choice after his search-engine startup did well, and asked, "Can you please... More »

Pandora Jacks IPO to $161.5M

Betting on LinkedIn-esque investor frenzy

(Newser) - This is getting to be one pricey box to open: Pandora has jacked the price of its hotly anticipated IPO to $161.5 million, reports the New York Post, up from a slightly more modest $109.5 million last week and $100 million in February. The stock market may be... More »

Your LinkedIn Lesson: Quick, Move to Silicon Valley

The dot-com madness is upon us again: Brett Arends

(Newser) - Investors went nuts over LinkedIn's IPO today —it more than doubled to close at $94.25 per share. What might you take from this? "Quit your job, move to Silicon Valley, and start a venture to compete with LinkedIn," writes Brett Arends at MarketWatch . After all,... More »

LinkedIn Shares Skyrocket in IPO

Market hungry for social networking companies

(Newser) - LinkedIn had its IPO today, and there was an investor feeding frenzy before the bell had even rung. The shares wound up opening at $83, an 84% premium on their $45 offering price, the Wall Street Journal reports. They're currently trading at around $105—having peaked this morning at... More »

Disney Site Brings Social Networking to 10-and-Under

Togetherville allows parents to moderate kids' activities

(Newser) - It's like Facebook, but with training wheels. Disney has bought the company that makes Togetherville , a social network that caters to the 10-and-younger set, reports TechCrunch . Togetherville is similar to other social networks but with a layer of parental oversight—parents oversee their kids' friends and edit or delete items... More »

LinkedIn Files to Go Public

IPO seen as gauge of market interest in social networks

(Newser) - After weeks of speculation , LinkedIn has confirmed what many suspected—it will go public later this year. The career-focused social networking site filed a registration statement with the SEC yesterday, setting the stage for the company to become the biggest social network yet to land on Wall Street, reports Mashable... More »

LinkedIn Going Public —to Trump Facebook

Financial underwriters already selected, say sources

(Newser) - Facebook may not be going public just yet, but LinkedIn sure as heck is. The professional networking site will go public this year, multiple sources tell Reuters , although a company rep officially calls an IPO “just one of many tactics that we would consider.” Why are they doing... More »

SEC Snooping Around Facebook, Twitter Trades

Booming private exchanges move social networks' shares

(Newser) - The SEC wants information about the surging private stock exchanges that have grown up around top social networks, the New York Times reports. Shares of Facebook, Twitter, Zynga, and LinkedIn are all sought-after commodities—though none of the companies are publicly held. As the exchanges gain popularity, Wall Street investment... More »

10 Overused Terms to Avoid on Your LinkedIn Profile

Sorry, those of you with 'extensive experience,' but ... zip it

(Newser) - So you just so happen to be a “results-oriented” “problem solver” with a “proven track record”? Sorry, Charlie: On LinkedIn, so is everyone. The Los Angeles Times lists the 10 most overused terms on the business networking site. The rest:
  • Motivated
  • Dynamic
  • Team player
More »

Virtual 'Suicide Machine' Erases Your Online Life

Facebook isn't happy, fights back

(Newser) - A new site promises to set people free from the chains of social networking, and Facebook is not amused. The site, Web 2.0 Suicide Machine , is designed to permanently remove people's accounts from Facebook, Twitter, MySpace, and LinkedIn. (See the video for details.) It proudly claims nearly 900... More »

Yahoo Gets Deeper In Bed With Facebook

Integration will boost traffic on both sites, they hope

(Newser) - Yahoo is finally getting seriously social in a new partnership that will integrate Facebook Connect into its many properties. Yahoo users will be able monitor their Facebook feed on Yahoo, and vice versa. The integration will be done “on a deep level,” a Yahoo exec tells Kara Swisher,... More »

Is Palin Seeking Job on LinkedIn?

Poster's also open to 'business deals'

(Newser) - Guess who's joined LinkedIn and is eager for gainful employment? A poster identified as always-surprising GOP rogue Sarah Palin is actively seeking "job inquiries" on the Internet network for professionals. Anyone interested can peruse the posted resume, which touts "Governor, State of Alaska" as the most recent gig.... More »

Nearly Half of Employers Screen Social Media Profiles

HR departments use Facebook, MySpace as source of information on candidates

(Newser) - It’s becoming increasingly likely that a prospective employer will check your Facebook, MySpace or LinkedIn profile, Mashable reports. A recent survey found that 45% of human-resource departments search the social-media profiles of prospective employees, with another 11% planning to institutionalize a social-networking screen in the near future. And recruiters... More »

In Job Hunt, Tech Boosts Old-School Networking

Sites like Monster aren't getting people jobs

(Newser) - The best way to get back into the workforce is both time-tested and cutting-edge: networking. Facebook, LinkedIn, and even Twitter are taking the place of the old-fashioned phone call, Farhad Manjoo writes for Slate: "The most forward-looking job seekers have all but abandoned job-listing sites in favor of... More »

Lost Your Job? Turn to Those You Kind of Know

Acquaintances can be road to success in tough times

(Newser) - In the professional world, it’s all about who you sort of know, especially when times are hard, Gregory Rodriguez writes in the Los Angeles Times. Job losses may make people withdraw from their friends, but during a recession, acquaintances are the ones who count, often helping pave the way... More »

Tough Times Become LinkedIn's Buddy

Business networking site sees surge in users as economy tanks

(Newser) - Bad times for American workers are boosting traffic on popular business networking site LinkedIn. The site has doubled its membership this year as worried professionals step up their networking efforts. "Every individual is a small business or brand," founder and newly reinstated CEO Reid Hoffman told USA Today.... More »

The Pitfalls of De-Friending

Peer pressure just one of the social aspects that translates well to Facebook and the like

(Newser) - De-friending is an unfortunate reality for social networks. It happens for many reasons, but is always awkward. Here are some de-friending stories from Mashable (names have been changed to protect the embarrassed):
  • Social opportunists: Andrew got a friend request from Jane, who he didn’t know but was friends with
... More »

LinkedIn, CNBC Buddy Up

Biz networking site shares content; channel taps new ad targets

(Newser) - CNBC and LinkedIn have announced an alliance in which the business cable channel gets content and tools from the professional networking site—and the ability to more efficiently target ads to LinkedIn’s 27 million users, the Financial Times reports. Though LinkedIn’s CEO says CNBC won’t get users’... More »

LinkedIn Scores $53M in Capital, $1B Value

All-business networking site plans European foray, acquisitions

(Newser) - LinkedIn—the buttoned-down, anti-Facebook social networking site for professionals—is about to up its profile with a $53 million infusion of private equity that will allow it to make acquisitions and expand its reach overseas, reports the New York Times. The new financing values the company at a hefty $1... More »

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