Webwire: Zuckerberg still focussed on China; LinkedIn soars on day one
Facebook CEO Mark Zuckerberg will take a second trip to China as part of an attempt to grow the social network's presence in the nation.
Shares in LinkedIn soared in their first day of public trading, closing at $94.25 (€66) - 109.4% higher than the $45 opening price. The company, which last year earned just $15.4 million, now has a market cap of $8.9 billion.
Dell nearly tripled its quarterly profit to $949 million (€664 million), despite a marginal 1% increase in revenue to $341 million, as a result of a trend towards higher-margin products including services.
Siemens CFO says the firm’s main priority for NSN is growing its market share and improving its profitability, not selling a stake in the joint venture.
Microsoft states claims by Intel that the next Windows operating system will be available in multiple versions that run on tablets are inaccurate, noting that its development of Windows on SoC is still at the tech demo stage.