LinkedIn Acquires SlideShare in a $119 Million Deal

It appears that Facebook is not the only social network shopping for startups these days.

LinkedIn, the world’s largest professional network in the Internet, has jumped on the bandwagon with its acquisition of content sharing community Slideshare for a $119 million cash and stock deal.

What does this mean for professionals and entrepreneurs like you and me? Well, have a look at the presentation LinkedIn and SlideShare prepared to celebrate this exciting news.

LinkedIn and Slideshare

View more presentations from LinkedIn

Personally, I’m excited about this development. LinkedIn is already an invaluable networking and marketing tool for small businesses. Add SlideShare’s content sharing technology and the possibilities are promising.

Of course, both companies have no concrete plans yet, so we’ll have to stay tuned until they announce how SlideShare will actually be integrated into LinkedIn.

But for now, you can read LinkedIn’s Press Release about the announcement.

Executives from both companies have also posted their views regarding the acquisition through their respective company blogs at: LinkedIn, Slideshare.

Exciting times ahead for these two great companies.


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Love Monaco? Now You Can Take It Everywhere You Go: For $1 Billion!

Do you love Monaco? Who doesn’t right, it’s a pretty awesome place. Well imagine this a yacht based on the streets of Monaco.

The staggering 155m Streets of Monaco yacht is expected to cost over $1.1 billion to build and is modelled on a section of Monte Carlo, Monaco.

A LAVISH new yacht recreating the billionaire’s playground of Monaco is set to become the world’s most expensive yacht.

Currently in the design stage, the super-ship will feature smaller versions of the state’s famous landmarks such as the Monte Carlo Casino and racetrack, as well as swimming pools, tennis courts, a cinema, a go kart track and a Hotel de Paris.

Instead of traditional decks the one-of-a-kind ship will have buildings, and instead of a swimming platform it will have a beach.

Travellers will also spot waterfalls, a swim-in Jacuzzi-bar, helicopters and submarines on board.

The one-of a kind ship could be home to 16 guests and 70 crew with the main apartment spread over three floors and 445 sq m.

Linking upper and lower living areas is the Atrium – featuring seven guest suites, a bathroom, bedroom, dressing room, reception and balcony.

The idea for the super-boat, designed by Yacht Island Design, was sparked by car racing and developed into something more innovative.

“It is basically a floating city,” company director Rob McPherson said.

“The design theme called for a unique yacht that reflected the style and sophistication of the principality.

“We want to create a truly unique environment that could take the principality of Monaco to the ocean.”

The ship will exceed the $1 billion price tag reportedly paid by Roman Abramovich for his Eclipse yacht.

A second creation by Yacht Island Design will be a smaller 85-metre yacht based on a Pacific Island theme.

What do you think? Tell us in the comments below:


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