Showing posts tagged with: Technology

Microsoft will pay $196 per share for the company. LinkedIn CEO Jeff Weiner will remain CEO of the social network for professionals, reporting directly to Microsoft CEO Satya Nadella. Under the terms of the acquisition, LinkedIn will maintain its "distinct brand, culture, and independence" — similar to how Facebook handled its acquisition of WhatsApp — and Microsoft says LinkedIn cofounder and chairman Reid Hoffman and Weiner "both fully support" the purchase, with both boards signing off.  

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Elon Musk’s dream of ultrahigh speed travel through a tube came a small step closer to reality on Tuesday, when one of the companies set up to pursue the idea announced it had raised another $80m and said it was ready to show off a key part of the technology.  

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