LinkedIn buys news app Pulse to broaden content

Apr 11, 2013
LinkedIn said Thursday it bought news reading app-maker Pulse, boosting the content offerings of the career-focused social network.

LinkedIn said Thursday it bought news reading app-maker Pulse, boosting the content offerings of the career-focused social network.

Pulse applications for Apple and Android powered smartphones or tablets were designed as a "fast, fun and beautiful way to read your favorite blogs, magazines and newspapers."

The startup claims more than 20 million Pulse app users and said it is adding more than two million monthly.

The move by , which said in January that it had more than 200 million members, suggests it is broadening its focus to more than just career connections, by adding the mobile reader platform.

LinkedIn Deep Nishar said in a blog post that the deal involves acquisition of a firm "shaking up the app world with a fresh, new way to consume news on mobile."

He said this can help LinkedIn become a "definitive professional publishing platform."

"Millions of professionals are already starting their day on LinkedIn to glean the professional insights and knowledge they need to make them great at their jobs," Nishar said.

"We believe we can help all professionals make smarter and more informed business decisions leveraging all the great business knowledge flowing through LinkedIn in the form of news, Influencer posts, industry updates, discussions, comments and more."

LinkedIn did not disclose financial terms of the deal, which online reports valued at between $50 million and $100 million.

Pulse was founded in early 2010 by then Stanford University graduate students Akshay Kothari and Ankit Gupta after a "to revolutionize the mobile news reading experience," according to a message at the startup's website.

LinkedIn has its headquarters in the city of Mountain View, California, and is available in more than 200 countries and territories in a variety of languages.

Explore further: Venture investments jump to $9.5B in 1Q

add to favorites email to friend print save as pdf

Related Stories

LinkedIn to buy news app Pulse

Mar 12, 2013

Career-focused social network LinkedIn is buying the news reading app-maker Pulse in a deal valued at between $50 million and $100 million, according to technology website All Things Digital.

Career-focused LinkedIn tops 200 mn members

Jan 09, 2013

LinkedIn on Wednesday announced that more than 200 million people have joined the career-focused online social network since its launch nearly a decade ago.

Career social network LinkedIn buys SlideShare

May 04, 2012

Career-oriented social network LinkedIn on Thursday announced a $118.75 million deal to buy a SlideShare service for online hosting of PowerPoint, Keynote and other presentations.

Career networking service LinkedIn buys mSpoke

Aug 04, 2010

LinkedIn, the social networking service for business professionals, said Wednesday it is buying a startup specializing in digging valuable information from mountains of digital data.

LinkedIn hits 100 million members

Mar 22, 2011

LinkedIn, the career-oriented social network, said Tuesday that it has hit 100 million members, more than half of whom live outside the United States.

LinkedIn opens India R&D centre

Nov 15, 2011

LinkedIn Corporation said Tuesday it had opened a research and development centre in India, the US-based professional online networking site's first such office outside North America.

Recommended for you

Venture investments jump to $9.5B in 1Q

7 hours ago

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into an increasing number of deals, according to a report due out Friday.

Weibo IPO below expectations, raises $285.6 mn

Apr 17, 2014

Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.

'Chief Yahoo' David Filo returns to board

Apr 17, 2014

Yahoo announced the nomination of three new board members, including company co-founder David Filo, who earned the nickname and formal job title of "Chief Yahoo."

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

dav_daddy
1 / 5 (7) Apr 12, 2013
If done right this could be a really good thing. I use LinkedIn frequently for business and I happen to be reading this with the Pulse app on my Kindle Fire right now!

More news stories

Under some LED bulbs whites aren't 'whiter than white'

For years, companies have been adding whiteners to laundry detergent, paints, plastics, paper and fabrics to make whites look "whiter than white," but now, with a switch away from incandescent and fluorescent lighting, different ...

Researchers uncover likely creator of Bitcoin

The primary author of the celebrated Bitcoin paper, and therefore probable creator of Bitcoin, is most likely Nick Szabo, a blogger and former George Washington University law professor, according to students ...

Continents may be a key feature of Super-Earths

Huge Earth-like planets that have both continents and oceans may be better at harboring extraterrestrial life than those that are water-only worlds. A new study gives hope for the possibility that many super-Earth ...

Researchers successfully clone adult human stem cells

(Phys.org) —An international team of researchers, led by Robert Lanza, of Advanced Cell Technology, has announced that they have performed the first successful cloning of adult human skin cells into stem ...