Latest on Social News: Facebook Inc (FB) Mobile Payment Service, LinkedIn Corp (LNKD) Helps Passive Job Seekers, Yelp Inc (YELP) Joins With Advocacy Group

Editor’s Note: Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD), Yelp Inc (NYSE:YELP)

Facebook Inc (FB), JetBlue Airways Corporation (JBLU)Facebook testing a ‘PayPal killer’ to simplify mobile payments (The Independent)
Facebook Inc (NASDAQ:FB) is set to take on digital payment giant PayPal with its own payments product, according to sources familiar with the social networking site’s plans. The product would allow internet users to make purchases on mobile apps with their Facebook login information. Any user who has previously provided the website with their credit card details would be able to make purchases on partnering e-commerce mobile apps without entering any billing information, tech news site AllThingsD reports. Facebook Inc (NASDAQ:FB) confirmed it is in the process of preparing a testing phase for the product.

How LinkedIn Helps Passive Job Seekers Land Their Dream Jobs (PayScale Career News)
You already know by now that LinkedIn Corp (NYSE:LNKD) is a great tool to help with your job search, but it’s also the place to be when you’re NOT directly looking for a job. Passive job seekers are already employed, but willing to take on a new opportunity, should the offer fit the bill. So, whether you’re actively seeking a job or not, LinkedIn is where it’s at. For those of you who just crawled out from the rock you were living under for a decade or so, LinkedIn Corp (NYSE:LNKD) is a professional social networking site that has morphed into one of the top tools recruiters use to find qualified candidates.

Yelp Joins With Advocacy Group ALEC to Fight SLAPP Lawsuits (Daily Beast)
The American Legislative Exchange Council once faced a backlash for its support of Stand Your Ground and voter ID laws, losing Coca-Cola and Kraft as members. Now the advocacy group is working with companies such as Google, Facebook Inc (NASDAQ:FB), and Yelp Inc (NYSE:YELP), and taking more civil libertarian stances on technology issues than it has in the past. ALEC, which holds conferences at which state legislators and corporations work together to draft model laws on issues that affect corporate interests, has been reaching out to Silicon Valley. At an ALEC meeting in Chicago last week, Yelp Inc (NYSE:YELP)’s director of public policy, Luther Lowe, delivered a presentation to ALEC’s civil justice task force urging the group to consider adopting model legislation on strategic lawsuits against public participation, or SLAPPs.

Facebook attributes recent platform outage to ‘malicious apps’ (ZDNet)
Third-party developers might have had difficulting accessing the Facebook Platform on Wednesday, and now the social network is offering a few answers. Without naming names, Facebook Inc (NASDAQ:FB) basically attributed the problem to a generic response: malicious apps. Facebook engineer Eugene Zarakhovsky stressed in a blog post on Thursday that the “Facebook Platform and our users are constantly under attack from malicious apps.” According to Zarakhovsky, there is a basic procedure already set up to handle such attacks.

Is LinkedIn cheating employees and users? (SmartPlanet.com)
The evolution of traditional job boards and newspaper advertisements to Internet-based agencies and emailed resumes isn’t without its criticism. It’s no longer simply about being the best candidate for the job; some argue that as the Internet is used to generate revenue for headhunters, now it’s about making your presence known — and paying for the privilege. Nick Corcodilos, a headhunter from Silicon Valley, discussed this idea in an interview with PBS — focusing on LinkedIn Corp (NYSE:LNKD), where employers and employees create profiles and connect online. One of the main differences between traditional agencies and online variations is that the former rely on commission from employers, while the latter often makes money off both companies and job seekers.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!