New CIO at Monster; rough summer for stock
Monster Worldwide today announced that SVP of technologies Mark Conway has been named chief information officer, replacing Darko Dejanovic, who left to pursue other opportunities, according to the company.
A company statement said that VP of global user experience Andrea Facini and VP of product management Matt Mund will continue leading Monster’s product development. Continue reading
Jobs of growing importance to Xing
By Christo Volschenk
Xing.com, the leading business network portal in German-speaking Europe (Germany, Austria and Switzerland), is slowly reducing its reliance on user subscriptions and collecting ever more from other sources – particularly its jobs channel.
LinkedIn’s stellar quarter and a bit of a sell-off. Say what?
LinkedIn posted a better-than-expected first-ever quarter since its May IPO, which should have made it a bright spot on an otherwise bleak Wall Street. It was eclipsed, however, by one of the biggest slides ever in the Dow Jones Industrial Average, and by the fact that on Friday, the two banks that led the IPO — Morgan Stanley and JPMorgan Chase — lowered LinkedIn’s credit ratings.
The news triggered a larger-than-normal volume of trades: more than 3 million shares. In after-hours trades, shares were about 10 percent lower (about $90) than the previous day’s close.
LinkedIn’s revenue for sQ2 was $121.0 million, an increase of 120 percent compared to $54.9 million for the second quarter of 2010. Here’s the official release.
LinkedIn releases Javascript API
LinkedIn released a Javascript version of its application programming interface (API) in a bid to increase inclusion on more websites.
It works a lot like those ubiquitous “sign in with Facebook” modules you see nearly everywhere — except this one lets you sign in with your LinkedIn credentials. It adds a social aspect to sites that have none, where a LinkedIn membership gets you membership on third-party sites. Authentication is passed through to LinkedIn’s member database.
The API is still undergoing testing, the company says in its blog.
Facebook, Twitter don't bring B2B leads, says LeadForce1
While Facebook and Twitter can be used to engage with your existing readers, advertisers, customers, media, and other stakeholders, neither are good resources for business to business leads, according to the latest study by B2B marketing automation provider LeadForce1.
The study of 261 LeadForce1 business clients determined that LinkedIn and Wikipedia were the top social sources for business leads. Twitter, Facebook, Squidoo, Stumbleupon and Delicious significantly contributed to site traffic, however.
Other findings: Continue reading
LinkedIn talks of expansion plans
In a video interview with Bloomberg News, LinkedIn CEO Jeff Weiner reiterated the company’s growth plans, including adding hundreds of employees — in part, to cope with rapid growth in India, Brazil and China – and making acquisitions that would enable it to grow its mobile footprint.
He said the company still has $76 million it raised in 2008.
The video is here.
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