Social Media Newsfeed: LinkedIn Buys Pulse | Twitter Music App

LinkedIn Acquires Pulse News Reader and Publishing Platform for $90 Million (SocialTimes) In a move to make LinkedIn “the definitive professional publishing platform,” the company has acquired Pulse, the makers of a news reader and mobile content distribution platform. The company sold for approximately $90 million, 90 percent of which will be stock; the remaining 10 percent will be cash, according to LinkedIn.

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LinkedIn Acquires Pulse News Reader and Publishing Platform for $90 Million (SocialTimes)
In a move to make LinkedIn “the definitive professional publishing platform,” the company has acquired Pulse, the makers of a news reader and mobile content distribution platform. The company sold for approximately $90 million, 90 percent of which will be stock; the remaining 10 percent will be cash, according to LinkedIn. AllThingsD The app, which collects news articles from a range of topics chosen by users and presents them in a clean, stylish format, rose to the top of Apple’s App Store ranks just a few years ago, quickly becoming a favorite among the many newsreaders currently available.

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