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Added on : 2017-01-27 12:33:59

Microsoft reported its second-quarter earnings on Thursday, where it revealed its newly-acquired company LinkedIn has lost $100 million since the deal closed in December. LinkedIn contributed $228 million to Microsoft's revenue, which forms only 1% of Microsoft's $26.1 billion revenue for the quarter. Microsoft announced to acquire LinkedIn for $26.2 billion in an all-cash deal in June last year.

Editor & Publisher : Dr Dhimant Purohit

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