Tesla Motors Wants To Build A Huge Factory With Japanese Companies

Tesla Motors wants to expand in Japan and requests collaborations

The American electric automobile manufacturing company, Tesla Motors, has decided to seek help from the Japanese battery producers for the construction of a gigantic factory in Japan. Tesla news reported that the management of the car-makers is busy in convincing Japan-based electronic firms and battery providers to play their role in the establishment of its first gigantic production facility outside the borders of the United States of America.

Apart from the Japanese organization, Panasonic, the others have refused to collaborate with the American giant. As the second largest supplier of parts for Tesla’s Model S luxury Sedan, Japan is an ideal location for the future gigantic site. The American company’s experiences in the abroad territory have not been favorable, as a Japanese supplier had rejected a request of the vehicle producer in the past. Market analysts critically acclaimed and appreciated the endeavors of the business towards future prospects of establishing facility abroad.

Tesla Motors plans to grow rapidly. It is expected that it would soon introduce its newly pioneered Model X crossover sports utility vehicle in the automobile market. This new vehicle will probably increase the demand for lithium-ion batteries. Tesla news today affirms that it intends to manufacture those ion batteries in the massive plant which it decides to establish in the Japanese territory. This new production would not only increase the production of ion batteries but also reduce the cost of those batteries. The reduction in the cost will probably increase the demand for the newly designed vehicle.

The new industrial unit is expected to manufacture stationery batteries as well. These batteries would be able to store electricity for local use. In this manner, these batteries would also play their role in generating power for domestic uses. The establishment and running of the gigantic production facility in Japan would not only satisfy the demand for batteries but also cut down transportation costs for the American corporation, since it would be able to satisfy the Asian market as well.

Latest Tesla news highlighted the fact that the automobile manufacturer cannot build a production facility independently in the foreign territory. In the current situation, financial concerns and the deteriorating value of Yen against the dollar will toughen the scenario for the company. Now it is yet to be seen that to what extent the collaboration between the American producers and the Japanese electronics businesses is successful in establishing and running a battery producing factory in the third largest economy of the world.

Tesla Motors Suffers Severely From Sluggish Sales in China

Tesla's sales decline in China

The American high-tech electric automobile manufacturing corporation, Tesla Motors, has suffered from a decline in Sales. Tesla news confirms the report that the vehicle-manufacturing giant has suffered from a huge setback, as nearly 50% of its 4800 Model S cars transported to the People’s Republic of China have not yet been sold. This is sufficient to explain that the Chinese demand for the electric automobiles is quite low. This decline in Sales has forced the car producer to lay off 200 workers, as the firm believes that those workers have failed to promote and market the electric automobile in the second largest economy of the world.

The Chief Executive Officer of the corporation, Elon Musk, has accepted the sales problems. It is expected that Mr. Musk would try his best to capture the country’s market. Tesla news today stated that the Chinese management of the company has failed to progress in the right direction. Approximately 2300 of the unsold cars are standing at a Chinese Port and Shanghai-based dealership lot. Others are standing at a facility owned by largest Chinese supplier of the Mercedes-Benz in the capital, Beijing.

Mr. Musk believes that his company did not performed well in the most populated country and his sales team had failed to inform customers about the procedure of charging the electric car. Though the number of electric cars supplied to the nation is quite low, the growth of Tesla Motors is being calculated by the changes in the demand for the electric automobiles. The monthly delivery of cars by the manufacturer has declined from 208 cars to 120 cars, but targets to sell 500,000 cars in 2020.

The firm wishes to dominate the market soon. The business has started to establish and operate rapid charging stations known as “super chargers”. These stations offer free energy to owners of Tesla Model S that can power 80% of the battery in 20 minutes.

The CEO of the company also believes that the sluggish demand for the cars is due to the inaccurate information provided to the car users. It currently owns 60 charging stations in China. Latest Tesla news stated that the government of China is interested in promoting the usage of electric cars in its highly polluted cities, but it encourages its citizens to buy locally produced electric cars rather than imported cars. Now it is yet to be seen that to what extent Tesla Motors is able to capture the desired market.

Alibaba's Strategic Partnership With Shanghai International Film Festival

Alibaba becomes partner with SIFF in order to make a significant mark in the film industry. It has plans to revolutionize the industry and broadening the horizons of opportunities for people there.

The latest Alibaba news is about the strategic partnership between Shanghai International Film Festival and the e-commerce giant. This symbols the beginning of  the company’s bid of boosting its presence in the entertainment sector.

It is said that Alibaba has spent more than $3 billion in entertainment sector in the last year. The company that is wealthy enough, was finding the content and any acquisitions there might be in Hollywood, however, it still has to make major and prominent move there.

Founder of Alibaba and also the executive chairman, Jack Ma seems ambitious about being international and also being the major player. Jack described the company as “the biggest entertainment company in the world.”

According to the Alibaba news, the deal aims of integrating the platform perks of the e-commerce giant and also assisting the newcomers in the industry. Furthermore, the deal purposes to support connections with the film fanatics and also analyzing the forthcoming plans regarding the film industry. The launch took place at China Art Museum. The Dep. GM of Shanghai International Film Festival said:

"The Festival will become a unique international event that fuses together two strong advantages, possessing the DNA of the internet, providing the ultimate experience, exploring the future of the industry and gradually cultivating the industry’s new and powerful energy."

Yulebao which is Alibaba’s crowd funding-like service shall become an officially chosen partner for interactive entertainment of the festival. Taobao Dianying will be a platform for Shanghai International Film Festival’s ticketing processes.

Vice President of Alibaba thinks that this partnership is going to make use of the platform advantages that the company has provided. The company and the partnership shall facilitate the business with more potential to explore in the upcoming times.  There were many investors who invested into the fund when Yulebao was launched last year. 

According to Liu, $53 million had been raised using Yulebao and also it capitalized in 12 films that were the blockbusters of 2014. The box office of all these films, together, was $480 million. It is nearly 10% of Chinese cinema stats of year 2014. Yulebao has a plan to invest up to $240 million in the films this year.

This deal also marks the growing festival connection in China as Shanghai International Film Festival shall take place in June and its competitor, Beijing International Film Festival will be in April.  This partnership is predicted to look into Tmall Magic Box device which will enable the users to bring the SIFF to their living rooms.  

Twitch Resets Users Passwords

Twitch has suffered a data breach and has reset the passwords of all the users.

The vastly popular service used for live streaming that is famous among the gamers; twitch was acquired by Amazon last year. It was almost a $1 billion deal. Today’s latest Twitch news is about the data breach that the live streaming service provider has suffered. It accepted that due to this breach, some users’ account might have experienced an unauthorized access. The company has notified its users to instantly change their passwords in order to protect themselves from any issue.

Twitch alerted the users about the breach in a blog post on their respective websites. It stated that there might be a chance of unauthorized access to some of the users’ account. In order for them to stay protected and be able to stay away from the security danger, it suggested for them to change the passwords to their accounts as they had expired the previous passwords and disconnected the Twitter and YouTube accounts.

They also advised to change the passwords for any websites that used the same passwords to become accessible. For the users that had been affected, the company planned to communicate with them directly, letting them be aware of the remediation that can be further effective.

The email sent to the Twitch users stated:

 “We are writing to let you know that there may have been unauthorized access to some of your Twitch user account information, including possibly your Twitch username and associated email address, your password (which was cryptographically protected), the last IP address you logged in from, and any of the following if you provided it to us: first and last name, phone number, address, and date of birth…”

According to the Twitch News, it is reported to be the fourth largest website on Internet as far as the traffic is concerned and also very popular. This hack could potentially have a serious impact on the reputation of the website. The increasing security breaches have led us to the fact that whether the large companies or small, the security for them is essential and should be catered in the first place. It has yet not been disclosed that how many users had been affected by this breach or how severe the situation is.

What should be kept in mind is the fact that the most popular websites and the ones with heavy traffic, when targeted, can provide immense amount of sensitive data, including usernames, passwords and other information. In any case, if you follow the convention of having “one-for-all” password then it should be a buzzer for you all too quickly discard this option. If the hackers can access your one account, they might be on their way to the other various accounts of your online networks.

Tesla expectations from Model X

Investors are pessimistic about Model X

The American electric automobile manufacturing company, Tesla Motors, is about to launch its high-tech product, Model X. Tesla news informed that the newly developed vehicle would be launched at the famous automobile exhibition, New York Auto show. It is anticipated that this newly pioneered product would soon be launched in the market. This modern car would feature a sloping roofline and capable to accommodate seven people as its interior cabin would have space for seven seats. The automobile manufacturer has announced that all versions of this latest car would feature a double motor AWD system, which develops 691 bhp (515 KW) and 687lb-ft (930Nm) in the Model S P85D.

The shares of the automobile producer devalued, as stated by the investment analyst, CLSA. The rating of the company was downgraded from a status of ‘outperform’ to ‘underperform’. The target price of its stocks was decreased by $55. The decrease in its rating and target price has led to the fall in share price by 2.14% yesterday. The decline in price was inevitable due to the problems faced by the organization. It still pursues the path to announce the innovative and sophisticated car.

A number of analysts, such as Andrew Fung, have stated that the upcoming automobile Tesla Model X is responsible for the fall in the giant’s stock. It was anticipated that the pre-launch earnings of the firm would fall. The firm has stated that it will not postpone the introduction of the recently developed automobile. It might successfully introduce its new product in the automobile market but might suffer a marginal rollout for its new Model X. 

The profit margin estimates of the firm have declined by 2.5%. It is still anticipated that the introduction of the innovative car would play an important role in threatening the competitors of the automobile industry. Tesla news today highlights states that the firm has not intended to attract investors. This can be indicated by the fall in the share price of the company. In the previous six months, the share price of the business has reduced by 20%. The performance of the organization has discouraged investors. Many potential investors are now reviewing their decision to invest in the company.

The latest Tesla news indicates that the Tesla Motors has decided to resolve the issues responsible for its deteriorating financial situation, such as shortage problem. It suffered from the problem, as it was unable to supply the required number of automobiles. Bad weather and transportation issues played an important role in causing the inability of the firm to satisfy its customers. Now it has yet to be seen that to what extent this newly developed model is able to solve the financial problems of the production corporation.

Verizon's Switch Facility, an in-depth knowledge

Verizon claims that its state of the art infra-structure is unmatched by its competitors and its bi-weekly drills to check its facilities makes it belief that they are ultimately reliable.

Latest Verizon news is about ‘Android Headlines’ recent tour to the Switch Facilities of Verizon in Michigan. These Switch Facilities are all around the country created and managed by Verizon. It handles the data and calls that come across and go through the company’s network. On daily basis, approximately 10 million calls and data transmission of 500 million records per day is the amount of data that runs through the building.

In the previous 15 years, over 2.5 billion has been invested by the company in their network, specifically Detroit area. The entire business of the communication giant relies on the network; they cannot and have never taken it for granted. Their customers perform all the functions and tasks on the network therefore they have to have an ultimate and reliable network, up and working.

The theme on which Switch Facility belonging to Verizon works is redundancy. Be it the shortage of power or any other hurdle, using the backups, all of them, that the company has, should be used in order for the network to be up and running through all of this. The building has been built, keeping the earthquakes and tornadoes and other natural causes in mind. Huge generators of 8,000 gallon tanks have been placed outside the building area. These generators can keep the Switch Facility going for weeks and months.

It isn’t a hypothetical situation, but a tested one. The Verizon news says that a weekly drill is performed with the generators by simulating blackout. This drill provides the surety that it can handle such situation. If the network is out and Facility is not, this seems useless. For that, generators have been placed on the macro cell sites also known as cell towers.

Verizon claims that redundancy is an integral part of it, mentioning the 96% placement of generators on macro cell sites. This proves that no matter what happens around the region, Verizon’s network will stay up and be reliable for its customers.

 Small cells, part of company’s plan to be proactive keeping the on growing demand for data has been utilized across the nation.

The reliability factor for Verizon consists of generators, batteries way larger than your car’s battery, a building that can handle the tornadoes and earthquakes if needed and any severity of the weather. No wonder they have an ultimate reliable network.

Verizon is also confident that its competitors lag an infra-structure which state of the art and also does not feel tensed about them. It clearly shows the confidence that communication giant has in its employees and also the functionalities.

Strategic investment by Alibaba in Israeli firm JVP

Alibaba has begun to invest in JVP so that they can financially support the new startups.

It’s been two months since Alibaba made its entrance in the Israeli market by making its first investment. Now the ecommerce giant is digging deeper as far as the Israel’s introductory ecosystem is concerned. Jerusalem Venture Partners, a venture capital firm, is coming on board with the former ecommerce giant.

Latest Alibaba news is that the company will be starting a joint venture with JVM in order to provide financial aid to the new startups that seem promising. The amount of money involved in this investment by both the companies has not been disclosed yet. Spokesperson of the ecommerce pioneer shared: “the JVP investment is in line with our mission of supporting innovation and startups...” However, there has been no further news on what type of companies it aims to invest in. The reason why the ecommerce giant has invested in the Israeli company is also because it has enterprise security software makers recently being purchased by PayPal.

The incubator program that is concentrating on the startups that wishes to make career in cyber-security. Alibaba news suggests that its finds it essential that they should be updated and have a closer access to the online security because its business requires it for potential growth.

Visualead specializing in QR code technology announced about the multi-million series B that is led by Alibaba. QR codes maybe not much of a use in States but in China they are widely used in many popular apps. Some of them are Alipay and WeChat. The deal between Visualead and ecommerce giant shall help the latter in order for their O2O business (offline to offline) to grow.   

It had been the latest edition of a Chinese company in to invest in an Israeli firm as far as the technology sector is concerned.

Other companies that have invested in the venture capital firm include Lenovo that invested in Vertex. Yogiin Group has become a partner of Pitango Venture Capital.  Baidu and also Qihoo that decided to invest in Carmel Ventures. A lot of investments have opened the gateways of the beginning of the ecosystem in Israel. It can be hoped that major technology related investments can make the tech-sector powerful and the startups that seem promising should be invested in. This Alibaba news on the investment aspect is profitable for the ecommerce giant as its monetization can bring more growth to the organization. Till then we need to see what startups begin under the umbrella.

Time Warner Inc expected to lose a billion dollars

Time Warner Inc expects to lose billion dollars

The American multinational media corporation, Time Warner, might suffer from a huge financial loss. It is expected that the media giant would bear the burden of its poor deal to purchase television rights to Los Angeles Dodgers games by writing off its asset value to approximately hundred million dollars. The corporation and fans of Dodger games are suffering from a huge setback from West Coast TV distributors. These distributors have refused to provide their services of carrying the media firm’s service, SportsNet, which exclusively carries the Dodgers games.

Time Warner news reported that the company has been able to satisfy television rights owner, Guggenheim Partners, as they have agreed to receive $8.35 billion for a period of 25 years but has not been able to satisfy rival television operators. Due to the disagreement between the media corporation and television operator, 70% of the California based households have been deprived of games. The channel 21^st Century Fox is also a competitor for the Dodgers Television rights.

Time Warner testifies the market price. It is possible that the market price for the channel would be more than $3, meaning the charge would almost be $100 million when adjusted over the life of the deal. Time Warner Inc. refused to disclose the financial details of its controversial deal with Dodgers, but its Chief Financial Officer, Artie Minson, stated that the company’s second quarter 2014 earnings call for the re-forecasting of the firm’s operating income and revenue for the year.

It is expected that the controversial deal would play an important role in devaluing the stock price of the media company as the financial officer said that, on a full year basis, SportsNet LA would make the firm lose 50 basis points of revenue growth and 125 basis points of adjusted growth. Time news confirms the decline in market price of the shares of the mass media corporation by 2.9%.

This fall in price is most likely to benefit the American media firm, Comcast Corporation, as the corporation is interested in acquiring the Time Warner. Currently, is has offered 2.875 common shares for each media corporation’s share to the shareholders. At the official level, Time Warner Inc. has rejected the reports regarding the one billion dollar loss, as it continues to give an impression to the stock market that it is capable of paying them. Now it is yet to be seen that to what extent the this firm is able to resolve this crisis.

BMW'S first electric car may be able to communicate with Apple watch and Iphones

BMW to facilitate it's customers through high tech communication technology

The German-based automobile manufacturing company, Bayerische Motoren Werke AG, is introducing an electric car in near future, which is capable of communicating with high-tech devices such as Apple Watch and iPhones. BMW news indicates thatthe modern automobile manufacturer has started discussions with Apple regarding issues such as integrated car vehicles. It is predicted that these discussions would eventually not only permit the advanced devices, including watch, laptop, Mac computers, and iPad, to engage in the data exchange and transfer, but would also ensure that they are able to connect themselves with fuel consumption and data movement. In this manner, such devices of the automobile corporation would be able to store and retrieve data regarding the fuel consumption of the vehicles.
Latest BMW news reported collaboration between both businesses, Apple and BMW, is expected, as the American-based multinational company is also interested in introducing its own electric automobile. The communication between them is possible to provide opportunity to obtain information regarding the speed and fuel absorption of the automobile. If the German giant introduces the connection between its automobile and Apple-pioneered devices, than it would not be first firm to do so. It is quite evident that both producers are sophisticated and equipped sufficient to develop the planned technology in future.
BMW news today stated that the American electric automobile manufacturing company, Tesla Motors, has already introduced such communication technology for its car users. Tesla Model S application allows the modern car users to get information regarding the car’s temperature, lights, and charging progress. The digital American-based multinational giant of Silicon Valley is quite interested in launching itself in the automobile market as its Chief Executive Officer, Tim Cook, indicated that the Apple watch has been developed to replace automobile keys and large fobs that are employed by many cars. The prospective integration of equipment in cars presents a challenging opportunity to both companies.
The German corporation has already taken steps to develop in the modern field of data recording and retrieving, as its pioneered intelligent ‘smart cars’ are capable of reading data from the car like mileage and fuel capacity. This marks a significant achievement in the history of car manufacturing. The state-of-the-art luxury cars with such implementations are already creating hype in the market. Now it has to be seen that to what extent the discussions between the two manufacturers are able to bring an impact on the automobile world and make the lives of their customers much more convenient.

Yahoo Inc. leaves China in a cost reducing move

Yahoo Inc. tries to cut costs by leaving China

The American multinational internet corporation, Yahoo Inc., has decided to end its research and development (R&D) operations in the most populated country, People’s Republic of China. Yahoo news indicated that the internet corporation would soon close its Beijing based center in an attempt to reduce its costs. The company would perform the same functions in offices situated in other locations. It is expected that the closure of the office would disturb 300 people, as the internet giant currently employs the same number of people in its Chinese office. It currently employs more than 12,000 workers collectively in all its offices.

In 2005, the company gave the control of its China-based operations to its corporate partner and Chinese electronic commerce company, Alibaba Group. It halted its operations in the People’s Republic of China in 2013. Yahoo news today reported that the 52% fall in the profits of Yahoo Inc. has forced it to find methods for minimizing its cost, as investors are interested in earning huge amounts of money. Chief Executive Officer of the company, Marissa Mayer, has stated that the business is concentrating on operational efficiency by keeping its number of employees almost the same as it had invested in manufacturing products that required recruitment of staff.

latest Yahoo news testifies that the Chinese stakeholders have opposed the corporation’s decision to end its R&D department based in the second largest economy. As the managing director of China Market Research Group, Shaun Rein, has stated that the businesses based in China would not be advertising on Yahoo. The rivals of the Yahoo probably appreciate this statement, as a fall in the demand for the services of the firm is expected to provide the opportunity to increase their market share of rivals.

The closure of the department in China is prospective to end the criticism faced by the officials of Yahoo Inc. Its executives came under criticism from American lawmakers and human rights workers when it provided details regarding journalist, Shi Tao, who was later imprisoned for a decade. Apart from the China office, other offices of the internet business have also suffered from closure, as it also closed its offices in Amman and Jordan.

Yahoo Inc. is not the only firm to shut down its offices in the Chinese capital. Last month, the game manufacturing firm, Zynga Inc., said that it would close its office in Beijing.  Now it has yet to be seen that to what extent the closure of offices is likely to help the American firm in cost-cut and profit maximization.

Ford utilizing On-Star like Telematics

Ford is now going to add OnStar-like telematics in the wake of deal with Microsoft.

Ford is back on deal with Microsoft for the cloud services to be provided to the customers. Previously ditching Microsoft over Sync not working so well, it has now shaken hands with the software giant again. According to the latest Ford news, the company is inspired by Lincoln and might be on the path towards introducing OnStar-like telematics services by the next year. The software giant shall be providing the cloud computing services, by allowing “customers to interact with their [Ford] vehicles and stay connected at all times.”

Currently, Ford Sync is offering fundamental connect services via USB Cable or Bluetooth with your phone. If your car has crashed or met an accident, the car uses the phone to call for help. OnStar does the same but charges $20 - $35 per month. The embedded telematics modem costs aren’t that overpriced, therefore, the company has decided to go for it, along with the deal with Microsoft.

2015 has brought Microsoft and Ford Motor company together in a deal, the latter’s plans for the year is powerful and positive. The relation of Sync and your smart phone is there to stay, maybe not forever. Whenever the Wi-Fi is accessible, Ford can use it provides updates and any information worth delivering. Butler who is the current executive director of connected vehicles and services at Ford said: — “You can expect us to have embedded [telematics] on our cars as we go forward.”

Ford motors will be using embedded telematics in order to track the health of the car, in any emergency case, the customer will be notified regardless of the fact whether the customer has paid or not.

The blog post by Microsoft revealed that both the companies’ joint venture will provide cloud services to the owners of Ford and Lincoln. A cloud computing network will be created over Microsoft Azure named Ford Service Delivery Network. “Preparing for the ownership experience of the future, Ford will enable new ways for its customers to interact with their vehicles and stay connected at all times,” the Microsoft’s blog post read.

It is observed that the most ideal way to stay connected all the time is with the help of telematics being used. On and off smart phone connection won’t do the job. Therefore, Ford’s approach can be names as a multi-tier one; smart phone for now, embedded and Wi-Fi in the future times. This is a powerful approach as BMW has claimed for driver-less vehicles and has presented one recently as well.

New Samsung Device, Tablet and Service Bundle Introduced by Sprint

Sprint has introduced new package for the consumers in which they can save 300 dollars per month.

Sprint Corporation is known for the communications services it provides to the customers for their tech-gadgets. As of 2014, Sprint has solely been providing 56 million connections. It is also acknowledged for deploying and engineering ground-breaking technologies, not to forget about the first 4G service in the United States.

As per the latest Sprint news, it has introduced a bundle for the Samsung devices in order for the customers to have efficient and profitable access to their devices. It continues to make it easier for its customers to save money, this time by offering two amazing devices for one price.

Users are provided with a deal in which they can pick a Samsung Galaxy S5 or Samsung Galaxy S5 Sport, including Samsung Galaxy Tab 4 for $100 dollars per month and no $ down. Despite the fact that S5 is almost a year old and we are about to get S6 launched this year, it still was produced using the best hardware available in 2014.

Furthermore, S5 customers will be able to get unlimited text, talk and high-speed data. 2GB data/month for Tab 4 which is enough to post and share thousands of pictures, statuses and tweets on social networks. As per the analysis by Sprint, their customers will save approximately 300 dollars per month if they choose this deal.

Sprint’s Vice President Network Performance says:

“Our network improves daily, and we’re laser-focused on delivering the consistent reliability, capacity, and speed that our customers demand,” said Joe Meyer. “We’re pleased with these latest results and we’ll continue to invest in our Salt Lake City network. With our new low-cost pricing plans, there’s never been a better time to give Sprint a try.”

Yesterday, Sprint announced that its network in Salt Lake City shares a top ranking when it comes to network speed, text and call performance as per the RootMetrics analytics report, it is an independent firm that does analytics on mobile communication and network. Since previous analytics by RootMetrics, the network speed in Salt Lake City had been interestingly increased by 50 percent.

It is notable that the low price package introduced by Sprint at this time will be a lot profitable or not keeping in mind that S6 has been creating a buzz around in the market already, consumers might be more attracted towards that phone. But you never know so till then lets hope the bundle works and everything else too.

Facebook Inc Is Giving LinkedIn A Tough Time

Facebook has been stealing users of LinkedIn by also becoming a platform that offers job opportunities to professionals

Analysts have finally agreed on the fact that Facebook Inc is the biggest and most widely spread social media networking site all around the world. The website which was created by Mark Zuckerberg has been giving many other social websites a difficult time as it has been stealing the limelight for being the most used social media platform for the people in general. Currently, the social media giant has a user-base of 1.39 billion which has made it the most popular social stop over for all ages. However, social platforms like LinkedIn has been facing a constant challenge in the form of the social media network as it has only 347 million users that can be seen as active. This statistics has created a huge difference between both the available platforms in which FB is clearly the winner in being successful as having the largest user base.

LinkedIn has recently announced in its 4^th quarter results that the company has been growing at a faster rate than how quick Twitter is moving forward. The company also mentioned that according to the user-base of its social networking agency, it has been on a close competition with Instagram which is also owned by Facebook.

LinkedIn has proved to be a very useful company for people who are looking for good jobs. As it says in the introduction of the company, it has made the process of looking for a job very easy and handy for the professionals. People who are interested in finding a job for themselves can make a profile of their own and give in all the required information after which the jobs that are best suited for them or the ones they are looking for will be directed to them.

Currently, LinkedIn is working towards reaching its aims and objectives of becoming the first choice for professionals for getting access to good jobs. In the last quarter of 2014, the company announced that for the current year it will be focusing on solidifying its base at an important networking site for web users.

LinkedIn has also been experiencing success in growing the company at a quick pace and one of the main reasons why this is becoming possible if due to its division of Talents Solution which has been noted as being responsible for helping the company raise the most revenue.

Surprisingly, Facebook has yet again been stealing the professional company’s user base by becoming a better source of providing jobs to the people. This is why the social media giant has been becoming a problem for LinkedIn by stealing its users.