THE REGISTER - LinkedIn has agreed to settle allegations it systematically underpaid women in engineering, product, and marketing roles. Specifically, LinkedIn was accused of violating Executive Order 11246, which prohibits federal contracts from discriminating based on race, color, religion, sex, sexual orientation, gender identity, or national origin. The agreement calls for LinkedIn: to pay $1.8M in back wages and interest to affected workers; to conduct staff training covering non-discrimination; and provide gender-neutral compensation for at least the next three years.
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LinkedIn Settles Dept of Labor Charges It Underpaid Women
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LinkedIn Urges Dismissal of Antitrust Suit Filed by Premium Users
LAW STREET MEDIA - LinkedIn moved to dismiss a complaint filed by three users that brings claims for monopolization and attempted monopolization of the professional social services market and for per se market-division pursuant to an alleged agreement with Facebook. The defendant says that the lawsuit is "long on technical details and jargon," but presses that it "lacks necessary facts that would support any legal claim under the antitrust laws."
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LinkedIn Launches Tool to Show Career Breaks
ABC NEWS - LinkedIn released a new feature, called "career breaks," that gives users the ability to tell potential employers why they left the workforce and describe how that experience helped them grow and develop skills. The new effort by LinkedIn comes as women continue to struggle to return to the workforce amid the coronavirus pandemic. Women have disproportionately taken on more caregiving and household duties, data shows.
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LinkedIn Acquires Israeli Web Analytics Startup Oribi for $80M-90M
TECH CRUNCH - LinkedIn is announcing an acquisition that could point to its ambitions to provide more analytics and insights across the wider internet. The platform has acquired Oribi, a Tel Aviv startup specializing in marketing attribution technology. The deal will see LinkedIn establish its first office in Israel. It is confirmed that LinkedIn paid between $80M - 90M. Oribi had raised just under $28M in funding as a startup. CPO Tomer Cohen noted in the blog post that marketing services revenues had grown 43% YoY.
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LinkedIn Debuts Its Podcast Network
ENGADGET - LinkedIn is debuting a podcast network that features in-house shows from the LinkedIn News team and programs from industry figures. The podcast network ties into LinkedIn's other products - such as newsletters, live events, videos, and posts - with the idea that hosts and audiences will keep conversations outside the shows. The shows will also be available on Apple Podcasts, Spotify, and other podcast platforms.
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LinkedIn Now Lets US Users Hide Political Content in Their Feed
THURROTT - LinkedIn users in the US can now choose not to see political content in their feed. Currently, the feature hides political parties and candidates, election outcomes, and ballot initiatives. The US users can hide political content on LinkedIn by going to Settings > Site preferences > Feed preferences or click the "More" icon on the upper right of a post in their feed, click "I don't want to see this", and select "I don't want to see political content."
by Lauren Giret
See full article at Thurrott
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LinkedIn's Sales Solutions Reaches $1B in Revenue
SOCIAL MEDIA TODAY - LinkedIn posted strong results for the quarter, with overall revenue up 36%, driven by increased demand for LinkedIn ads and a resurgence in the job market. LinkedIn has also reported that its Sales Solutions business, led by its Sales Navigator platform, which now has over 1M paying users, reached $1B in revenue for the year, the first time it's reached that milestone. LinkedIn events are also on the rise, with the platform now seeing ~24K events created and 1.5M RSVPs every week.
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LinkedIn Is Accused of Monopolizing the Professional Social Networking Services Market
LAW STREET MEDIA - 3 LinkedIn users who pay for its premium subscription service filed suit against the company, alleging it exacts supra-competitive prices from users and sells their data out from under them. The putative Northern District of California class action asserts that LinkedIn maintains its monopoly through various anticompetitive means that entrench its position while keeping competitors at bay.
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LinkedIn to Launch Audio Events Beta This Month
TECH.CO - LinkedIn is planning to launch a new events platform which will debut in beta later this month. They have seen a 231% YoY increase in virtual event attendees and will launch video events in Spring. The virtual events platform will include panel discussions, roundtables, and various other formats, with maximum freedom given to event hosts regarding how they'd like to run it.
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LinkedIn Launches Initial Test of Audio Rooms, Announces New Formats for Live Events
SOCIAL MEDIA TODAY - LinkedIn's launching an initial test of its own, Clubhouse-like audio events platform. LinkedIn's also uses the format of its audio rooms as a template of sorts for its other live meeting features, including video events.
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LinkedIn Launches New InCareer Jobs App for the Chinese Market
ONMSFT - LinkedIn has launched a new InCareer jobs app for the Chinese market, which follows the announcement that the localized version of the professional social network would disappear at the end of the year.
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LinkedIn Adds Hindi to Reach 500M People in India
TECH CRUNCH - LinkedIn has started to roll out support for Hindi on its social network. LinkedIn says it has ~82M users in India, ~20M of whom joined the service in the last 3 years. LinkedIn has over 800M users globally.
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LinkedIn Rolls out Its Freelance Services Marketplace
TECH CRUNCH - LinkedIn is opening up a new front in the job market for freelancers. It is taking the wraps off its Service Marketplace, a new feature that will let people advertise themselves for short-term engagements to those looking to hire people for such roles. The Service Marketplace is launching with 250 job categories, and the plan is to expand that to 500.
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Microsoft Shutting Down LinkedIn in China
BBC - Microsoft is shutting down LinkedIn in China, saying having to comply with the Chinese state has become increasingly challenging. It comes after the career-networking site faced questions for blocking the profiles of some journalists. But this will not include a social feed or the ability to share or post articles.
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Why Is LinkedIn Blocking US Journalists' Profiles in China?
IB TIMES - US journalists waking up in China found themselves blocked from their LinkedIn accounts following Beijing's new laws on removing "prohibited content." "We're a global platform that respects the laws that apply to us, including adhering to Chinese government regulations for our localized version of LinkedIn in China," LinkedIn said. LinkedIn declined to answer about what counted as "prohibited content" and whether or not it maintained a list of topics considered off-limits.
by Nicholas Morgan
See full article at IB Times
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