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Rumors say Facebook could go public by year-end

Rumors surrounding Facebook's initial public offering (IPO), one of the most anticipated in history, have thickened with reports saying the company may bring it out as soon as December.

Facebook addictive! Americans spent 53bn minutes socializing in May -- report

Not only Britons, even Americans are obsessed with Facebook! Following a survey finding that for Brits Facebook is more vital than a flushing loo, a new report claims that Americans spend more time on Faceook than on any other site.

LinkedIn CEO says no room left for Google+

Google+, the new social network from Google, has been live for more than three weeks now. In less than a month of its operation the beta site has gathered more than 10 million users. But, seemingly, Google Plus (+) is not appealing to LinkedIn CEO Jeff Weiner, who thinks nobody has free time for this new social networking web site.

LinkedIn debuts spectacularly on NYSE, IPO doubles

LinkedIn (LNKD), the largest professional-networking website, joined the elite list of companies whose initial public offering (IPO) more than doubled on the first day of trading.

Use of Social Networking Sites for Business

Since there is a lot of buzz about social networks these days, business owners must be quick and join a network pronto, and not just for socializing.

The common belief for such sites is that they are mainly focused to create online friends and develop relationships. However, that is not true. Facebook, MySpace, Twitter, Spoke, and LinkedIn etc. are also designed for business owners.

Facebook bans profile shredder Suicide Machine

New York, January 5 -- Joining Facebook may have seemed a good idea initially, but if you have now decided to limit your online activity and wish to delete your Facebook profile via Web 2.0 Suicide Machine, there's road block ahead. Facebook has blocked access to the site.

Twitter and LinkedIn team up

New York, November 11 -- Everyone wants to associate themselves with Twitter, it seems. Recently Google Inc. and Microsoft Corp have signed separate search deals with the micro-blogging site, whereby the two companies will be integrating Twitter feed to their search engines. Now LinkedIn, the professional online networking site, has announced its association with Twitter.

LinedIn names Weiner new CEO

Mountain View, Calif. -- California's online networking service LinkedIn said Wednesday that former Yahoo! Inc., executive Jeff Weiner would serve as its new chief executive officer.

Weiner had served as the interim president since January. His departure from Yahoo! was part of the fallout of a proxy war with activist investor Carl Icahn, who was pushing for Yahoo! to accept an unsolicited bid from Microsoft Corp. a year ago.

Former LinkedIn CEO Reid Hoffman will remain with the company as the executive chairman, MarketWatch reported.

"Over the past six months, Jeff has done an exceptional job leading the company and I look forward to continuing the work that we have begun together," Hoffman said.