Facebook Inc (FB)’s New Policy, LinkedIn Corp (LNKD)’s Talent Solutions & Yelp Inc (YELP)’s Contract

Facebook Inc (FB) or LinkedIn Corp (LNKD)? (InsiderMonkey)
Facebook Inc (NASDAQ:FB) and LinkedIn Corp (NYSE:LNKD) are among the most innovative companies of our time, and they both provide interesting opportunities for investors to profit from the social networks boom over the next years. However, their business models are quite different, and this has material implications to consider. The big cash generator for LinkedIn Corp (NYSE:LNKD) is talent solutions for employers, which provided 56% of revenue in the last quarter, another 20% of sales came from premium subscriptions and the remaining 23% was produced by advertising.

Yelp Director Sells $2,196,707 in Stock (YELP) (TickerReport)
Yelp Inc (NYSE:YELP) Director Max Levchin unloaded 35,198 shares of the stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $62.41, for a total value of $2,196,707.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. A number of research firms have recently commented on YELP.

Facebook Probed on Privacy Issues (WSJ)
Regulators at the Federal Trade Commission are probing whether Facebook Inc (NASDAQ:FB) +0.36% violated users’ privacy rights when it overhauled company policies two weeks ago. On Aug. 29, the social network announced an update to the company privacy policy. In the update, the company stripped language that explicitly allowed users to limit how their names and profile pictures could be used for marketing. The new policy said that by signing up for Facebook, members—including minors—gave Facebook the right to use their personal data.

Yelp sues small San Diego law firm over alleged fake reviews (ArsTechnica)
Julian McMillan wants nothing to do with Yelp Inc (NYSE:YELP). He runs a small law firm in San Diego, California, focusing on bankruptcy law. And yet his business, like many others, has an entry on the reviews site. But on Tuesday, McMillan was served with a lawsuit from Yelp, alleging breach of contract, intentional interference with contract, unfair competition, and false advertising. In short, McMillan is being sued over supposed false Yelp Inc (NYSE:YELP) reviews posted from 2010 to 2012. The lawsuit was filed in late August 2013.

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