Share, all crash. The deal is expected to close this calendar year. Jim, you just talked to andrew, becky and joe about this. Yeah. You know when you go back over the arc of linkedin, obviously going into the february quarter there was a belief that things were continuing to accelerate. You had 30 growth. You really felt like there was very, very little economic sensitivity. Then you got that incredible shortfall, going from 192 basically down to 9,800, and it was entirely because of the lighter guidance. The guidance, they use the term seasonality. Well, were not used to hearing seasonality with linkedin, 30 going down to 20 . There really wasnt any line item that was good. You saw deceleration in core hiring, you saw challenges in marketing solutions, you saw macro fx headwinds. We dont want to hear that. The last quarter reported at the end of april was quite good. And every one of those items went back up, and thats why the stock was able to recover. But they are getting microsoft
To buy a social Media Network for professionals. But experts say the combination of Microsofts Office 3 skiff and the Worlds Largest professional social network may in fact help create a new workplace for the modern age. The purchase september shares of linkedin soaring 36 . Microsoft fell more than 2. 5 , making it the worstperforming stock on the dow. The big question now is whether the purchase of linkedin will provide microsoft with the growth its been searching for. Reporter its the biggest purchase microsoft has ever made. And the boldest move by the ceo. What does microsoft see in linkedin that irspine id to pay seven times what the network is expected to make in 2016 sales . Reid, jeff and i have known each other for a while and talking about these things together for a while. To me this is about the next phase of growth for microsoft. Of course we can do things commercially in terms of integration. As i think about the opportunity ahead, around productivity, business process,
A stalwart of software wanting to buy a social Media Network for professionals. But experts say the combination of Microsofts Office 3 skiff and the Worlds Largest professional social network may in fact help create a new workplace for the modern age. The purchase september shares of linkedin soaring 36 . Microsoft fell more than 2. 5 , making it the worstperforming stock on the dow. The big question now is whether the purchase of linkedin will provide microsoft with the growth its been searching for. Reporter its the biggest purchase microsoft has ever made. And the boldest move by the ceo. What does microsoft see in linkedin that irspine id to pay seven times what the network is expected to make in 2016 sales . Reid, jeff and i have known each other for a while and talking about these things together for a while. To me this is about the next phase of growth for microsoft. Of course we can do things commercially in terms of integration. As i think about the opportunity ahead, around p
To buy a social Media Network for professionals. But experts say the combination of Microsofts Office 3 skiff and the Worlds Largest professional social network may in fact help create a new workplace for the modern age. The purchase september shares of linkedin soaring 36 . Microsoft fell more than 2. 5 , making it the worstperforming stock on the dow. The big question now is whether the purchase of linkedin will provide microsoft with the growth its been searching for. Reporter its the biggest purchase microsoft has ever made. And the boldest move by the ceo. What does microsoft see in linkedin that irspine id to pay seven times what the network is expected to make in 2016 sales . Reid, jeff and i have known each other for a while and talking about these things together for a while. To me this is about the next phase of growth for microsoft. Of course we can do things commercially in terms of integration. As i think about the opportunity ahead, around productivity, business process,
Open Market Operations in the runup to the Lunar New Year holiday. Those operations will now happen every business day. Korea has expressed concern over the currency. Those comments were made in a joint statement by the countrys finance ministry and the central bank. Action will be taken against socalled current behavior in the markets. That it deems necessary. Those the headlines from bloomberg news. Lets take a look at the stock markets. They are currently closed for lunch. Everything is down paring back to gains. I will be back in half an hour. Now bloomberg west. Plus, what if the San Bernardino shooter had been using an android instead of apple . And can set top boxes handle even more competition . We will ask the experts. Emily apple is still in the spotlight two days after opposing court orders to unlock the iphone of the San Bernardino shooter. Reaction from the Tech Industry has been polluted, with calls for more debate and states of broad agreement that companies shouldnt be