Microsoft to buy LinkedIn for $26.2B in cash, makes big move to social media

Huge News today in the world of social networking services. Microsoft has announced it will acquire links, social network for professionals, with about 433 million users, for $ 26.2 billion, $ 196 per share, in cash. The transaction has been approved by both parties.

Microsoft is buying professional social networking site LinkedIn for $26.2B billion U.S.dollars. Microsoft says it will pay $196 dollars a share in an all-cash transaction. That’s an almost fifty percent premium to LinkedIn’s stock market value as of last Friday. Under the terms of the deal, LinkedIn will retain its own brand and independence and CEO Jeff Weiner will stay on. Microsoft CEO Satchya Nadella said the two companies share a mission of connecting the world’s professionals and helping people work more efficiently.The deal is one of the largest tech takeovers on record and is expected to help Microsoft gain a solid foothold in the social network market.

Microsoft to buy LinkedIn for $26.2B In cash.

Today is a re-founding moment for LinkedIn. I see incredible opportunity for our members and customers and look forward to supporting this new and combined business,” said Reid Hoffman, one of the co-founders and current chairman in a statement. “I fully support this transaction and the Board’s decision to pursue it, and will vote my shares in accordance with their recommendation on it.

Associated with the brand and its products will be retained, and become part of the Microsoft productivity and business processes. Jeff Weiner, LinkedIn CEO, will report to Satya Nadella.

Microsoft

The deal for Microsoft to buy for $ 26.2B LinkedIn is a big step for both sides. For Microsoft, it’s a key to the company’s strategy to build more services for the job. Microsoft today is mainly focused on software.
LinkedIn will give the company a far wider reach in terms of social networking services and professional content.Early indications social network Yammer for $ 1.2 billion company with 2012 kicks off.LinkedIn’s wider social network could also allow Microsoft to use it as a potential sales channel to sell more of its products.

The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Nadella said in a statement. “Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.

LinkedIn

For LinkedIn, the official declarationof Microsoft to purchase LinkedIn unity puts to blazing descend questions of how would the social media company compete considering companies that are aiming to construct greater than before developed software upon top of their social graphs. For a while, it seemed like this was the direction that LinkedIn aimed for.

Recently, however, problems with user and revenue growth and subsequent decline in the share price, link put on the defensive. However, even with a share price below a 12-month high of $ 258, link one of the technology companies in the public markets remains better performance.

Just as we have changed the way the world connects to opportunity, this relationship with Microsoft, and the combination of their cloud and LinkedIn‘s network, now gives us a chance to also change the way the world works,” Jeff Weiner added in the statement. “For the last 13 years, we’ve been uniquely positioned to connect professionals to make them more productive and successful, and I’m looking forward to leading our team through the next chapter of our story.

Customising Your LinkedIn Profile | Bizzebee

Customising Your LinkedIn Profile

Afternoon Bee’s,

Firstly apologies for no Thursday post this week, it was our little techno bee Miz’s turn to share some insightful information, but where he is based (Chittagong, Bangladesh) he is experiencing some extreme weather which has left him facing a mass power outage. So being the helpful and great team we are, I offered to step in and send out a post today for you all to read.

This post is going to have a little look at customising your LinkedIn profile, and I’d quite like it to be an actionable post today, rather than a theory based one! Therefore, I’ve created a little video kicking off the first point I want to share with you, which is how to customise your LinkedIn URL.

LinkedIn doesn’t automatically give you a customised URL like mine –  uk.linkedin.com/in/clairtrebes/ – infact if you take a look at my collegue Matt’s you will see the generic default of your LinkedIn URL  uk.linkedin.com/pub/matt-smith/36/390/887

It’s quite easy and simple to change your URL – so check out the video below

Myother top tips to make sure you are giving off the right ‘image’ online are:

Look professional, but friendly! It is no good having a photo taken in a meeting room where you look rigid and uncomfortable with your arms crossed, looking quite unapproachable. Experts say that the key here is to look polished but accessible. Career counsellor Miriam Salpter is quoted in an article by Eve Tahmincioglu on msnbc.com as saying “Look at your picture and ask yourself: Would I want to go to lunch with this person?”

Keep Up Appearances. Stay away from fashion clothing or jewellery that’s trendy right now, because in a few years it might look dated. Both men and women should opt for darker colours – navy and grey are good ‘power dressing’ choices. Women should keep accessories to the bare minimum, and men should wear a tie with a simple design. Headshotphotographermatch.com says you should avoid summer wardrobe choices and stick with the autumn choices, and if all else fails they say to bring a change of clothes and get advice from whoever is taking the corporate photos!

Timing is everything (isn’t it with all things?!!!) I read a blog entry from a US based Photography Company who recommends always waiting a couple of days after a haircut (to allow it to look more natural) and making sure the photo shoot is in the morning. You will feel more energised, and the daily grind will not have taken its toll! Get lots of rest and make sure you drink plenty of water!

LinkedIn is deemed as the most “professional” of all the social networking platforms out there, so it really does matter how you pitch yourself on there, so I do hope you found this post a little helpful, with some practical tips to steer you in the right direction!

Have a lovely weekend everyone!

Your friendly resident Queen Bee Clair 🙂

Top 5 Tips To Increase Your LinkedIn Following | BizzeBee

Top 5 Tips To Increase Your LinkedIn Following

LinkedIn is a powerful Social Media platform, and something up until now at Bizzebee we’ve not really spoken a great deal about. So I thought today would be a good opportunity to break that habit, and take a little look at how you can increase your LinkedIn page following.

Before I say anything, I want to share a video with you, Its from the official LinkedIn YouTube Channel, and talks about how to post an update within your company page on the site.

A Powerful tool don’t you agree?

So we need some quick fire ways to get people following your company on LinkedIn – Yes another site you can now engage with people away from your own name, under a company ‘hat’

As a business we should all want to increase our opportunities to network with clients, prospects, colleagues, peers, suppliers, and potential employees’ right?

LinkedIn gives us the opportunity to build a well-developed presence within its platform.

Did you know there are over 2 million businesses with a LinkedIn company page? Many of which are looking for new talent/opportunities.

As with every other social networking platform you MUST build up a network of followers, otherwise the content, updates etc. will not show up in newsfeeds and be seen by people. So like you make a commitment to turn up at Facebook and Twitter everyday …. Same goes for LinkedIn – the ability for the Viral Promotion is the exact same as most others, you can share content in your personal profiles which then becomes visible to all your friends / connections / followers.

It is NOT always about having masses of followers, I know I have previously said its more about quality than quantity, particularly if you are a business start-up / small business / SME. You want the most relevant people in your network following so they will share out to their subscribers.  If you build this steadily the numbers can and often do increase quickly!

Top 5 Tips to increase your company page following:

  1. Encourage existing employees, relatives and friends to link up with your company page share the status updates, and various links.
  2. Follow company pages of those in your industry, suppliers, experts, customers, prospects – most of the time people generally follow back – something about the courtesy of it, having good manners and generally being polite! You don’t need to stay pigeon holed in following your industry; you can follow those geographically near to you too even if they are in a completely separate niche / industry.
  3. Send An Announcement – Don’t be frightened to email your connections on LinkedIn.  ALWAYS provide 2/3 concrete benefits as to WHY someone should follow your page …. Remember people have the WII-FM mentality (What’s in it for me) so think ‘What will they get out of it?’ ‘How can it help them to be better at what they do?’
  4. Consider sending that same ‘Call to Action’ message to your existing database of customers & prospects, especially if you know they are using LinkedIn.
  5. Post a ‘Call to Action’ to follow your page within relevant LinkedIn groups

Remember! The more relevant a follower you have for your LinkedIn company page, the more opportunities you have to be seen and build that all important influence with your target markets!

There is a whole host of information and areas that we need to cover when it comes to LinkedIn and in due course you can expect to see a lot more discussions happening on our blog which focus on the different aspects of the platform.

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