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Posts Tagged ‘Ankit Gupta’

LinkedIn Ditches ‘Today’ for Pulse Newsreader

LinkedInPulseLinkedIn, the social networking site for professionals, put its Pulse purchase to work today. Pulse is now fueling LinkedIn’s on-site and mobile news stream for members, replacing LinkedIn Today.

The changes extend to the LinkedIn app, as well as the Pulse app, which got an update Wednesday. Now LinkedIn members can sign in to Pulse with their LinkedIn ID. The refreshed app will deliver content tailored to an individual’s LinkedIn interests, and members can post comments with their LinkedIn profile. Read more

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LinkedIn Buys Pulse for $90 Million

LinkedIn has acquired the social reading company Pulse, making a move to become a “professional publishing platform.”

According to the release, they purchased the company for “approximately $90 million, subject to adjustment, in a combination of approximately 90 percent stock and approximately 10 percent cash.” Stanford graduate students Akshay Kothari and Ankit Gupta founded Pulse in 2010. Here’s more about Pulse from the release:

Pulse currently has more than 30 million users who have activated its iOS and Android-based news reader apps in more than 190 countries. Pulse is available in nine languages, and approximately 40% of users are outside the United States. More than 750 of the world’s leading publishers distribute their content through Pulse.