Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Asia Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
LinkedIn on Thursday reported quarterly earnings that beat analysts' expectations as sales popped across the board.
The social-media company posted second-quarter earnings per share of $1.13, compared with 55 cents a share in the year-earlier period.
Revenue for the quarter came in at $933 million, against the comparable year-ago figure of $712 million, representing a 31 percent increase, the company said.
Analysts expected LinkedIn to report earnings of 78 cents per share on revenue of $898 million, according to a Thomson Reuters consensus estimate.
"LinkedIn delivered another quarter of strong growth," said Steve Sordello, chief financial officer. "We achieved record levels of operating cash flow, while continuing to invest heavily across our core member and customer value propositions."
To be sure, the company still reported a bigger loss per share than last year when generally accepted accounting principles were applied. Shares edged higher after the report.
LinkedIn's second-quarter results come on the heels of a July agreement to be bought by Microsoft for about $26 billion, a combination that aims to put the professional social network at the forefront of enterprise software services.
It will be critical for Microsoft — which has a spotty record when it comes to acquisitions — to nail its integration with LinkedIn, analysts have told CNBC. But Microsoft appears to be turning a corner, after its latest earnings and the launch of an Xbox gaming console.
LinkedIn's fate may be all but sealed, but investors will still keep an eye on the company's membership rate, as well as sales from talent solutions, marketing solutions and premium subscriptions.
Talent solutions saw revenues of $597 million in the quarter, compared to the $576.3 million expected in a StreetAccount consensus estimate.
Marketing sales hit $181 million, versus $168.2 million estimated, driven by sponsored content. Premium subscriptions hit $155 million, compared to $150.5 million expected, bolstered by the sales-prospecting tool Sales Navigator.
The company added 450 million cumulative members. StreetAccount estimated there would be 447 million ending members.
This is breaking news. Please check back for updates.