{"id":741324,"date":"2013-03-11T17:48:12","date_gmt":"2013-03-11T21:48:12","guid":{"rendered":"http:\/\/gigaom.com\/?p=619397"},"modified":"2013-03-11T17:48:12","modified_gmt":"2013-03-11T21:48:12","slug":"linkedin-reportedly-buying-news-reading-app-pulse-for-over-50m","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/741324","title":{"rendered":"LinkedIn reportedly buying news reading app Pulse for over $50M"},"content":{"rendered":"

LinkedIn is buying the news reading app Pulse, AllThingsD reported Monday afternoon<\/a>. The reported purchase price is between $50 million and $100 million. GigaOM’s Om Malik previously spoke with sources who said that Pulse and other buysers were talking about a purchase price at the high end of this range.<\/p>

“We don’t comment on rumors or speculation,” LinkedIn spokesman Hani Durzy told me. Pulse has not yet responded to a request for comment.<\/p>

The San Francisco-based Pulse, founded in 2010, has over 20 million users across its web, iOS and Android apps. The apps pull in news from different verticals and arrange it in a graphical interface. Users can also subscribe to RSS feeds, save content to read later, and share stories. Last summer, Pulse partnered with the\u00a0Wall Street Journal<\/em><\/a> to make the newspaper’s paid premium content available through its app.<\/p>

The reported acquisition comes at a time when LinkedIn is trying to beef up its content offerings. The career networking site already aggregates personalized news feeds for its users, and it rolled out a blogging platform last fall.<\/p>
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