On its third quarter earnings call, LinkedIn reported a net loss of $3.4 million for the quarter, and a 38 percent increase of monthly users - now totaling 259 million. Talent Solutions made a slight increase as percentage of total revenue, from 56 to 57 percent. Membership outside the U.S. now makes up 66 percent of total, with its China-based users now more than 3 million. Only 38 percent of L
Adecco UK just released a report that found that ten percent of LinkedIn profiles contained fabrications, usually around education.
The research determined that:
- 9 percent of LinkedIn members lie about their job titles
- 9 perce
By Sharon Hill
Updated Sept. 24, 10 p.m. Eastern, with additional material from LinkedIn about endorsements and false profiles
LinkedIn, which has been heavily criticized for allowing cyberstalking and for doing too little to block fake profiles, has disclosed plans to strengthen its security features and give users the ability to block other users.
The publicly traded com
During a long series of requests to LinkedIn for comment on fraud, abuse and safety issues, the company declined to speak with us by phone. However, we eventually heard from Doug Madey, corporate communications associate. He answered some of our questions by email, ignored others, and responded with a simple no-comment to a follow-up email.
The email exchanges are reproduced below. The substant