LinkedIn becomes second largest social network in US

LinkedIn leapfrogged Myspace in June to become the second-largest social network in the United States in terms of traffic behind Facebook, tracking firm comScore reported.

LinkedIn had 33.9 million unique US visitors in June compared with 33.5 million for Myspace, which was sold last week by Rupert Murdoch's News Corp.

Twitter was next with 30.6 million unique US visitors in June, comScore said.

Facebook was the runaway leader with 160.9 million unique US visitors during the month, according to comScore.

Facebook co-founder Mark Zuckerberg announced this week that the social networking site now has 750 million users worldwide.

Myspace was bought by News Corp for US$580 million in 2005 and was sold to Specific Media last week for just $35 million.

LinkedIn launched on the New York Stock Exchange in May and its price more than doubled on the first day of trading.

LinkedIn was listed at $45 per share. It closed at US$99.60 on Friday.


Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter


© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production bpcf05 at 11 Dec 2016 09:50:33 Processing Time: 484ms