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Recently Appointed LinkedIn CEO Apologizes After Employees Make 'Disturbing And Racist' Comments At Internal Meeting
Friday, June 5, 2020 - 6:22am | 361Microsoft Corporation (NASDAQ: MSFT)-owned LinkedIn’s newly appointed CEO Ryan Roslansky issued an apology on Thursday after employees made insensitive comments anonymously at an internal company meeting held to discuss racial inequality. What happened Roslansky issued an apology to...
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#PreMarket Primer: Tuesday, November 18: Abe To Delay Sales Tax Increase In Japan
Tuesday, November 18, 2014 - 8:23am | 1336Following reports that the Japanese economy had fallen into a recession in the third quarter, Prime Minister Shinzō Abe is planning to hold off on another sales tax hike initially set for October 2015. In April, the country’s sales tax was increased from 5 percent to 8 percent in an effort...
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UPDATE: Bank of America Lowers Price Objective on LinkedIn on Future Investing and Decelerating Growth
Friday, February 7, 2014 - 10:01am | 127In a report published Friday, Bank of America analyst Justin Post lowered the price objective on LinkedIn (NYSE: LNKD) from $240 to $232. In spite of solid 4Q Rev/EPS, Justin Post anticipates that the plan to invest in 2014 will lead to some overhang and pause EBITDA margin growth. According to...
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Greylock Partners Spins Out $20 Million Seed Fund
Monday, September 27, 2010 - 4:28pm | 158The Wall Street Journal reported earlier today that Reid Hoffman, the co-founder of LinkedIn Corp. and Greylock Partner, has spun out a $20 million seed fund from Greylock's $575 million Discovery Fund. While not new money, the spin out will allow quicker decisions to be made regarding the seed...