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Social News Updates: Facebook Inc (FB) & HIV Prevention, LinkedIn Corp (LNKD)’s Youth Movement & Yelp Inc (YELP)

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

Facebook Isn’t Dead Yet—It’s a Tool for HIV Prevention (Slate)
Facebook Inc (NASDAQ:FB) takes a lot of cuss these days for having too many moms, babies, and ads. But for all the gripes and rumblings of the social network’s perceived decline, Old Blue still has a few tricks up her sleeve—like preventing the spread of HIV in at-risk populations of men.That’s right, a new study published in the Annals of Internal Medicine shows that targeted interventions launched via Facebook Inc (NASDAQ:FB) group are an effective way to communicate health information, particularly in relation to HIV testing and safe sex practices.

Facebook Inc (NASDAQ:FB), LinkedIn Corp (NYSE:LNKD)

LinkedIn’s youth movement a small step in the right direction (Pando Daily)
LinkedIn Corp (NYSE:LNKD)’s recent announcement that it would be opening its network up to high schoolers (13+ worldwide; 14+ US) via University Pages sent a shock wave through the education community. While there continues to be concern from both parents and educators about students using yet another social medium for building a professional network, the fact is networking is an important skill to develop for long term professional success. It’s also a necessary tool for getting a career off the ground and gets at the heart of the question: “What do you want to be?”

Is Yelp’s effect on bottom line worth the legal wrangling? (BizReport)
Recent research from Merchant Warehouse reveals that 93% of consumers who use Yelp Inc (NYSE:YELP) typically go on to make purchases with the companies they research via the online review website. Perhaps dodging the legal bullets and dodgy reviews is a small price to pay. For small businesses, having a presence on review site Yelp Inc (NYSE:YELP) can be a daunting experience, particularly in light of news stories regarding fake reviews and even defamation claims.

Social+Capital Founder And Former Facebook VP Chamath Palihapitiya To Join Us For Disrupt Europe (Tech Crunch)
Are we at an ‘Absolute’ low point in startup quality? Chamath Palihapitiya, a former Facebook Inc (NASDAQ:FB) executive and founder of investment firm The Social+Capital Partnership, thinks so. Which is why he is devoting a significant portion of his fund to backing startups that are tackling big problems in health care, education and financial services. We’re thrilled to announce that Palihapitiya will be joining us on stage at Disrupt Europe for a fireside chat to talk about his unconventional approach to investing and his focus on international startups.

LinkedIn Cashing In: Social Network To Raise $1B In Share Offering As Stock Flies High (Forbes)
LinkedIn Corp (NYSE:LNKD) is ready to cash in on its high-flying stock. The professional social network filed documents with the SEC revealing plans to raise about $1 billion in a share offering in order to strengthen its balance sheet, as its stock trades near all-time highs. Regardless of the big offering, control of the company remains deeply concentrated in the hands of co-founder and Chairman Reid Hoffman, who will still hold nearly 60% of voting power after the offering.

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