Eric Eldon has posted an update regarding a rumor that was written on the Techcrunch UK site last week. Apparently, News Corp is now in serious talks to acquire LinkedIn. Why on earth would they do this? Apparently the rationale is to integrate the professional social networking site with the Wall Street Journal. Whoa! This is seriously a genius move.
Additionally, integration into the Wall Street Journal site might be able to help fend off Facebook from becoming a serious center of social networking within the business community.