Social Media Highlights: Facebook Inc (FB)’s Payout, Yelp Inc (YELP) & LinkedIn Corp (LNKD)’s Terms of Services

LinkedIn targets high school students to enhance future labour pool (truth Drive)
Washington, Aug. 27 (ANI): Social media service for professionals, LinkedIn Corp (NYSE:LNKD) has reportedly targeted high school students in a bid to make them familiar with the service and thereby enhance the future labour pool. LinkedIn with its new measure will aim at the lucrative college recruiting market at the same time also work towards safeguarding the privacy and security of teens. According to CBS News, the site is boosting the degree of protection available for the 14- year olds, including a way to block specific accounts.

Is LinkedIn turning kid-friendly? (Tech Republic)
On September 12th, a change in the terms of service at LinkedIn Corp (NYSE:LNKD) will take effect, allowing users as young as 13 to join the website. The rationale behind this change is the addition of “University Pages” on LinkedIn, a feature that purportedly allows students to search for a university that’s the right fit for them. This new foray into teenage social networking is rather far away from the original purpose of LinkedIn. Will this scope-widening change be the poison pill that ultimately relegates LinkedIn Corp (NYSE:LNKD) to the failed social networking ranks of MySpace and Xanga?