LinkedIn Buys Flipboard Competitor Pulse for $90 Million

Apps not shuttering, but new products on the way

It's been a weird month for social and media. A few weeks after Facebook’s managing editor announced his departure and during the same week Tumblr said it is dismantling its Storyboard editorial team, LinkedIn has bought Flipboard rival Pulse for $90 million, the business-oriented social platform announced on Thursday, confirming an All Things D report published last month.