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Weiner: LinkedIn to Expand in China, Goals Are ‘Aligned’ With Government’s (The Wall Street Journal)
LinkedIn launched a Chinese-language website Monday, expanding a push by the work-oriented social network into one of the world’s largest centers of business professionals. LinkedIn said it hopes the site, which uses simplified Chinese characters, will attract 140 million new professionals, which would boost its user base by 50 percent. Reuters LinkedIn chief executive Jeff Weiner acknowledged in a blog post that the company would have to censor some of the content that users post on its website in order to comply with Chinese rules. But Weiner said the benefits of providing its online service to people in China outweighed those concerns. Bloomberg Businessweek The new website puts LinkedIn deeper into a country where social-media peers such as Twitter and Facebook are blocked after they balked at government censorship rules. Facebook hasn’t built up operations in China beyond hiring contractors to help advertisers reach people outside of the country, spokeswoman Debbie Frost has said. TechCrunch Derek Shen, president of China for LinkedIn, said that LinkedIn has established a joint venture with Sequoia China and CBC “to explore expanding our business here.” This potentially means not just how the the site itself will grow, but could include the launch of new services and potential investments into local companies that can help LinkedIn develop more localized services. CNET LinkedIn currently touts 277 million members and seeks to connect professionals everywhere. “We believe that individuals in the United States, China, and beyond will benefit substantially from Chinese professionals connecting with each other and LinkedIn members in other parts of the world.”
Mark Zuckerberg at 2014 GSMA Mobile World Congress: WhatsApp Worth More Than $19B (AllFacebook)
Facebook co-founder and CEO Mark Zuckerberg defended his company’s $19 billion acquisition of cross-platform mobile messaging company WhatsApp during his keynote at the 2014 GSMA Mobile World Congress in Barcelona, Spain, Monday. He also pretty much ruled out another run by Facebook at photo-messaging service Snapchat.
Scientists Develop Social Media Lie Detector (SocialTimes)
The speed at which information spreads across social media makes it difficult to ascertain the truth from lies. Now scientists are developing an social media lie detector for Facebook, Twitter and other platforms to sort out online rumors into four categories: speculation, controversy, misinformation and disinformation.
Facebook Ends its @facebook.com Email Address Service, Citing Low Usage By Users (The Next Web)
Facebook has terminated the email address system that gave all users a @facebook.com mailing account, citing low usage. As reported by the Verge, those that actually used the service will soon receive an email telling them that any mail sent to their @facebook.com account will be forwarded to the primary email address listed on their account.
MSNBC Going ‘Deep Web’ with Vocativ Partnership (LostRemote)
MSNBC is adding to the growing trend of TV news networks getting social, as the network announced a partnership with digital news startup Vocativ around the premiere of its millennial targeted show “Ronan Farrow Daily” Monday at 1 p.m. ET.
At Long Last, Facebook NY Moves Into Fancy New Astor Place Office (BetaBeat)
Last summer, we learned that Facebook’s New York City team would be leaving its Madison Avenue office for a Frank Gehry-designed space in Astor Place’s 770 Broadway building. Guess what? Moving day is finally here.
The Six Types Of Conversations On Twitter [Study] (AllTwitter)
Did you know your Twitter behavior falls into one of six categories, depending on how you tweet? A new study from the Pew Research Center and the Social Media Research Foundation suggests that conversations on Twitter take distinct shape depending on how people reply to and interact with one another – and that most conversations can be categorized into one of six types.
Dropbox Round Finalized: $350M at $10B Valuation (re/code)
The cloud storage company Dropbox Monday filed paperwork on its latest massive funding round, basically consistent with previously reported details. The round is $350 million at a valuation of $10 billion, the company confirmed.
Facebook Bringing Online Courses to Rwanda with Affordable Nokia Smartphones (AppNewser)
Facebook’s pilot program, SocialEDU, is on a mission to bring education to young students in Rwanda. The online education program is a joint partnership between the Rwandan government, Airtel telecom company, Nokia mobile company, online education provider edX and Facebook.