There’s was a new status update for LinkedIn today as the business social network announced it has been acquired by Microsoft for $26.2 billion in a cash deal, ABC News reported. According to the report, Microsoft will pay $196 a share to purchase LinkedIn. The site features a professional social network with more than 400 million members around the world, terms of deal reported. "The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals. Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet." – Microsoft CEO Satya Nadella statement The...
