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Businesses The Almighty Buck The Internet News Technology

LinkedIn Buys Rapportive 44

Posted by samzenpus
from the meet-your-new-family dept.
redletterdave writes "Business networking site LinkedIn acquired Rapportive on Wednesday, which is a Gmail add-on that provides information about your social contacts as you e-mail them. The deal was reportedly already in place by Dec. 8, but Rapportive confirmed the acquisition on Wednesday in its company blog. Rapportive, which is still available over Gmail, adds an e-mailer's social networking accounts, including their Facebook, LinkedIn and Twitter accounts, and overlays the information over open messages and e-mail drafts. Neither Rapportive nor LinkedIn would release the financial details of the acquisition, but sources close to the situation say the deal closed in the 'low teens' of millions of dollars."
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LinkedIn Buys Rapportive

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  • by NoisySplatter (847631) <noisysplatter&gmail,com> on Wednesday February 22, 2012 @08:13PM (#39132203)

    I have a profile on LinkedIn which has done me zero good so far, but one thing about the site has always bothered me.

    Is it truly ethical to gain an upper hand with regards to employment prospects because of who you know instead of your individual performance or merits?

    To me the site just seems like a blatant promoter of cronyism, promoting the hiring of friends or aquaintences over those who may be more qualified.

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