LinkedIn said yesterday that its first-quarter profit more than doubled, and the business networking company is buying presentation-sharing website SlideShare for US$118.8 million ($148 million). Shares jumped US$9.29, more than 8 per cent, to US$118.70.
LinkedIn's net income for the three months ending in March totalled US$5 million, or US4c a share. That was up from US$2.1 million, or break-even per share, a year ago.
