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Microsoft Pays a Whopping $26B for LinkedIn Buyout

Microsoft has agreed to buy business networking site LinkedIn for $26 billion. Analysts are less than certain about what it plans to do with the site. For those not familiar, LinkedIn works a little like Facebook but is designed primarily for ... business rather than personal contacts. It has a reported 100 million active users that access the site at least once a month. That compares to reports of 1.65 billion active users for Facebook. One of the most popular uses is to find potential clients or employers through mutual contacts. It's also possible to "endorse" a contact for ... (view more)

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