Monday, July 14, 2014

LinkedIn Bought Startup Newsle

LinkedIn Corp. (LNKD) made a major purchase today. It bought the San Francisco startup Newsle, a news alert company.

Newsle provides instant emails to users on news items relating to their social network connections, using machine learning algorithms.

LinkedIn closed up 3.12 today, reaching a high of the day of 162.74.

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