DIRS.INFO The most relevant business & tech news

☆ The college job market offers a warning sign to the US labor market
▼ + stars: | 2024-05-31 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

New York CNN —It’s almost laughable at this point when Bryn Savidge gets a job rejection email. But she is relieved to have at least secured a summer internship at an environmental science publication. But after applying to more than 100 jobs since fall, the Kenyon College grad is having second thoughts. Courtesy Bryn SavidgeOn paper, the job market looks like it’s hardly ever been better. But zooming in on the job market for recent college graduates paints the economy in a much less rosy light.

Persons: New York CNN — It’s, Bryn Savidge, “, ’ ”, Savidge, we’ve, ”, Savidge hasn’t, Bryn, Kory Kantenga, Kantenga, Angela Mangione, Mangione, Angela Mangione “, I’ve, Biden, Moises Brito, Chapman, he’s, Brito, he'll, doesn’t Organizations: New, New York CNN, Kenyon College, Kenyon College grad, of Labor Statistics, “, Colgate University, CNN, Deloitte, Society, Chapman University in Locations: New York, Columbus , Ohio, Buffalo , New York, Chapman University in Orange , California, Orange County , California

☆ Move over New York Times, now LinkedIn is adding brain-busting games
▼ + stars: | 2024-05-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Watch out “Connections,” LinkedIn says it’s adding a variety of games aimed at making actual connections. The Microsoft-owned platform, best known for professional networking and sharing news, is taking a page from the New York Times and adding three, free “thinking-oriented” games as a way to tap into the explosive popularity of brain-busting puzzles people are adding to their daily routine. People share articles less to push advice on people and more because “they’re trying to build meaningful relationships,” Daniel Roth, editor in chief of LinkedIn, told CNN. “We’ve seen that with the recent explosion of short games that help you.”What are the games? Ultimately, Times’ games have become a major revenue driver for the newspaper.

Persons: “ they’re, ” Daniel Roth, ”, “ We’ve, Minda Smiley, “, Roth, Laura Lorenzetti, Smiley Organizations: New, New York CNN —, LinkedIn, Microsoft, New York Times, CNN, “, Times, New York World Locations: New York, Queens, ”

Today, remote work has declined from its levels of the pandemic but is still – depending on how broadly one measures it – three to four times as prevalent as it was in 2019. And remote work tends to be dominated by higher-educated employees, with nearly 40% of those holding advanced degrees hybrid or fully remote. In early January, LinkedIn’s Global State of Remote and Hybrid Work study found that at its peak, in April of 2022, the share of job postings that offered remote work reached 20.3%. The more enduring feature of remote work is now hybrid.”There are also substantial differences within industry and among countries. “You’re moving to where the housing is cheaper.”Not that it is all rosy when it comes to remote work.

Persons: ”, Kory Kantenga, Sandra Moran, Julia Pollak, Nick Bunker, Layla O’Kane, Lightcast, Morris Davis, Andra Ghent, Jesse Gregory, ” Goldman Sachs, Boyer, Brad Case, “ That’s, Software’s Moran Organizations: LinkedIn, Workforce Software, LinkedIn’s Global, Labor Statistics, North, “, Oxford University Press, Economic Studies, Rutgers University, Andra, University of Utah, University of Wisconsin, Ivory, Google, NASA, Middleburg Communities, Green Mountain Locations: U.S, Israel, Ghent, Real Estate, Santa Ana , California, LLC.org . New York, Huntsville , Alabama, Huntsville, Glendale , Arizona, Phoenix, Arlington , Texas, Dallas, Middleburg, San Francisco, New York, Charlotte, Raleigh , North Carolina, Orlando, Jacksonville , Florida, Houston, San Antonio , Texas, Florida, Texas, Vermont, Green Mountain State, California

☆ Here’s why it may be harder to find a job online
▼ + stars: | 2024-01-20 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

But new online job posting data suggests a possible slowdown: Total job postings on online job site Indeed have fallen more than 15% compared to the start of 2023, according to data as of January 5 shared with CNN by Nick Bunker, Indeed’s economic research director for North America. Bunker said that new job postings, or those that have been on Indeed for 7 days or less, are down 13.5% year-over-year. A surplus of open roles for the past few years has made it easy for Americans to jump from job to job, gaining higher pay and perks like remote work in the process. “Software development job postings are down 44.6% from a year ago, while postings for banking and finance jobs are down 31.3%,” Bunker said. The percentage of US remote job postings on LinkedIn dropped over 9% from January 2022 to December 2023, even as interest in these jobs remains high.

Persons: Nick Bunker, Bunker, ” Bunker, LinkedIn’s, Karin Kimbrough, Kimbrough, ”, Wells, ” Wells, “ Organizations: Los Angeles CNN, CNN, North America, LinkedIn, Software, Labor, Google, Citigroup

☆ LinkedIn ages like fine wine in Microsoft’s cellar
▼ + stars: | 2023-06-28 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +5 min

NEW YORK, June 28 (Reuters Breakingviews) - Most corporate acquisitions deteriorate over time, but Microsoft’s (MSFT.O) $26 billion deal for LinkedIn keeps getting better. Buying LinkedIn was a bold step for Satya Nadella, who became the software goliath’s third chief executive in early 2014. Paying a 50% premium for LinkedIn and its 430 million users made it one of the technology industry’s largest deals ever and by far Microsoft’s biggest. The war over the “Call of Duty” maker is just one of many things happening at Microsoft that’s overshadowing LinkedIn. Those market dynamics have buoyed LinkedIn, which was only generating $3 billion in revenue when Microsoft bought it.

Persons: Satya Nadella, Steve Ballmer, There’s, Mark Zuckerberg, Tesla, Elon Musk, faddish, Microsoft’s, It’s, Jeffrey Goldfarb, Sharon Lam Organizations: YORK, Reuters, LinkedIn, Nokia, aQuantive, Activision, Microsoft, Facebook, Twitter, Sprout Social, Bing, Thomson

☆ Bill Gates meets privately with Xi Jinping as US-China tensions rise
▼ + stars: | 2023-06-16 | by ( Michelle Toh | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Bill Gates and Xi Jinping met Friday, marking the Chinese leader’s first known one-on-one meeting with a Western business figure in years. During their meeting, Xi called on Gates to help promote US-China relations, greeting the tech tycoon warmly. Microsoft co-founder Bill Gates meeting with Chinese leader Xi Jinping in Beijing on Friday. Pang Xinglei/Xinhua/AlamyThe billionaire’s latest visit comes at a precarious time for US-China relations. Tense timesBut US-China relations have soured recently.

Persons: Bill Gates, Xi Jinping, Gates, Xi, “, ” Xi, I’ve, ” “, Pang Xinglei, ’, Howard Schultz, Gates ’, ”, —, Steven Jiang, Simone McCarthy Organizations: Hong Kong CNN, Microsoft, Starbucks, Gates Foundation, Covid, Asia Pacific, FBI, National Security Agency, LinkedIn, Twitter, Tesla, JPMorgan, Apple, Samsung, Aramco, Volkswagen Locations: Hong Kong, Beijing, China, Taiwan, United States, Asia, US, Guam, Britain, Canada, Australia, New Zealand

☆ How the Fed is reshaping the labor market and why the nature of work is shifting, according to LinkedIn’s principal economist
▼ + stars: | 2023-04-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Today's newsletter may not include a job offer, but it will give you a better grasp of what to look for in this still-hot labor market. I'm excited to share this week's conversation with one of the leading experts on jobs and hiring trends. How is that showing up in the labor market? What about the role of AI in the labor market? What do you think of Berger's insights on the labor market?

☆ LinkedIn’s Co-Founder Helped Fund the Suit Accusing Trump of Rape
▼ + stars: | 2023-04-13 | by ( Benjamin Weiser | Charlie Savage | ) www.nytimes.com time to read: +1 min

Reid Hoffman, the co-founder of LinkedIn and a harsh critic of former President Donald J. Trump, has helped pay for a lawsuit by E. Jean Carroll, the New York magazine writer who sued Mr. Trump for rape and defamation, according to newly filed court papers in the case. Mr. Hoffman’s support for Ms. Carroll’s lawsuit, which was first disclosed in a letter to a judge on Thursday by Mr. Trump’s lawyers, has sparked a sharp dispute in the case, which is scheduled for trial in federal court in Manhattan on April 25. Mr. Trump’s lawyers, writing to the judge, accused Ms. Carroll of concealing Mr. Hoffman’s role, which they said they only learned of this week from her lawyers. They said the disclosure raised “significant questions” about Ms. Carroll’s credibility and whether her allegations against Mr. Trump were, as he has claimed, a “hoax” brought “to advance a political agenda.”They asked for a one-month postponement so they could investigate the funding issue. The judge, Lewis A. Kaplan, on Thursday evening said he would allow Mr. Trump’s lawyers the opportunity to conduct a narrow inquiry into the funding issue, but he declined to delay the case.

☆ Breakingviews: Powell leads markets on a needlessly wild ride
▼ + stars: | 2023-03-08 | by ( Ben Winck | ) www.reuters.com time to read: +4 min

WASHINGTON, March 8 (Reuters Breakingviews) - The market is quickly getting to grips with a new Jerome Powell. That’s different from what investors expected from the Fed just two months ago. As investors’ perception of Powell takes a U-turn, upcoming economic data could make for a bumpy transition. Yet investors largely expected the central bank to raise by a little less, and start cutting later in 2023. He repeated the comment to the House Financial Services Committee, adding that the Fed hasn't yet reached a decision on its next rate increase.

☆ Powell leads markets on a needlessly wild ride
▼ + stars: | 2023-03-08 | by ( Ben Winck | ) www.reuters.com time to read: +4 min

That’s different from what investors expected from the Fed just two months ago. As investors’ perception of Powell takes a U-turn, upcoming economic data could make for a bumpy transition. Yet investors largely expected the central bank to raise by a little less, and start cutting later in 2023. Powell has repeatedly emphasized that the Fed’s rate decisions will rely heavily on the latest economic data. He repeated the comment to the House Financial Services Committee, adding that the Fed hasn't yet reached a decision on its next rate increase.

☆ One of the Hottest New Jobs Aims to Tackle Employee Burnout
▼ + stars: | 2023-03-06 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

One of the fastest-growing roles at U.S. companies aims to address a rise in worker burnout and disengagement. The job of employee-experience manager barely existed several years ago. Now the position ranks fifth in LinkedIn’s 2023 list of the 25 fastest-growing jobs. It is the first time the role appears on the networking site’s annual ranking, which tabulates the job titles that grew the most and have reached a critical mass among LinkedIn users over the previous five years.

☆ Employee-Experience Manager Is the Hot New Job. What Does It Entail?
▼ + stars: | 2023-01-18 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

☆ Strength of 'weak ties': How casual contacts can boost your career
▼ + stars: | 2023-01-11 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

That is what researchers call “weak ties” - and they can be surprisingly critical to your career path. "Weak ties give you access to a lot more information.”Among New Year’s resolutions, finding a better job or career ranks high on many lists. Then set up informational interviews with new weak ties that result, and your job search will be cooking with gas. “Look for people who tend to run in a lot of circles, because they’re the ones who can introduce you to new weak ties,” said Augustine. REACH OUTOne barrier to leveraging weak ties is that people tend to feel uncomfortable about it.

☆ LinkedIn is having a moment thanks to a wave of layoffs
▼ + stars: | 2023-01-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

Some LinkedIn users affected by recent layoffs have formed groups on the site aimed at providing assistance, coordinating around signing exit paperwork and aiding with connections for new jobs. Suddenly, the normally staid professional network has become both a vital lifeline for recently laid off workers and a surprisingly lively social platform. “There’s been an uptick in [LinkedIn use] since the pandemic,” said Jennifer Grygiel, an associate professor and social media expert at Syracuse University. Layoffs and upheaval in social media industryEven apart from the layoffs, the social media landscape has been through a volatile year. But lately it appears users have more than enough reason to use LinkedIn amid a wave of thousands of layoffs.

☆ Anxious Twitter users find few alternatives to platform after Musk deal closes
▼ + stars: | 2022-10-28 | by ( Jennifer Korn | ) edition.cnn.com time to read: +4 min

But with few obvious alternatives, Twitter users may be left with nowhere else to go. Other platforms, like Mastodon, have promised a more decentralized social media experience. “Excited to see what you accomplish here,” retired basketball star Shaquille O’Neill tweeted at Musk on Wednesday ahead of the deal closing. Musk has said he would restore Trump’s Twitter account, though Trump has previously said he would remain on Truth Social. By unbanning users and unwinding content moderation efforts, Musk could make Twitter less palatable for its most vulnerable users, typically women, members of the LGBTQ community, and people of color, according to safety experts.

Search resuls for: "LinkedIn’s"

15 mentions found