4:00
Juan MC Larrosa
LinkedIn’s annoying emails appear to be workingBy John McDulingThe numbers: LinkedIn swung to a third quarter net loss of $3.4 million, from a profit of $2.3 million last year, as the corporate social network ramped up investment in its platforms. But revenue for the third quarter surged 56% to $393 million. Together with an upbeat forecast for the next quarter, this was enough to drive shares up by 1.7% in after hours trading.+The takeaway: Those pesky emails from LinkedIn asking you to upgrade from free to paid service may drive you mad, but they appear to be working. Revenue from premium subscriptions jumped 61% to $79.8 million. The talent solutions division, which is mainly specialist products for recruiters, still accounts for the...
