In the light of financial difficulties, the French business network Viadeo was placed in receivership by a commercial court in Paris for three months, during which time its assets will be divested. Viadeo already has several prospective buyers, according to a news release.
The career-focused U.S. platform LinkedIn was officially blocked on Nov. 18, after it had failed to comply with the country's Personal Data Law, and had lost appeals in a Moscow court running up to the final decision.
The latest app allowing users to swipe-right-to-find-a-job is really a LinkedIn-style networking tool.
Last month, Facebook attacked Craigslist, LetGo, OfferUp, Gumtree, Trade Me and the “stuff” category of classifieds and marketplaces. Now LinkedIn, Monster, CareerBuilder and hundreds or thousands of recruitment sites have to consider Facebook the next potential disrupter.
Xing continued to ride the wave of growth in Q3, after strong earnings in H1 of FY2016. The company released its third quarter interim report yesterday - and it was all good news for the business network.
Monster officially launched an Employer Branding Profile in Germany, Austria and Switzerland this week, which is a slightly different service from the one launched in the U.S. in June by Monster Worldwide and its joint venture partner Kununu.
Business network Xing revamped its pricing model and introduced discounts for job ads bought in 10-post packages, in a format similar to LinkedIn.
The new office of LinkedIn DACH in Munich has had some positive media coverage. The 40 employees moved in earlier in September. This is where they work now.
Professional network LinkedIn rolled out three new features in India, to enhance customer experience and maintain growth momentum in its second largest market.
LinkedIn for the DACH region --- Germany, Austria and Switzerland --- has named Joerg Buerosse senior editor and Sara Weber editor of its German-language publishing unit in order to take on XING's recent content activities.