LinkedIn follows Twitter, shocks social media investors

Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast. LinkedIn reported on Thursday its slowest quarterly revenue growth since it went public four years ago. The surprisingly weak results followed Twitter Inc's on Tuesday.

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Music streaming service Grooveshark shuts down to settle infringement

Online music streaming service Grooveshark, admitting “very serious mistakes,” shut down its operations as part of a settlement with major record labels, joining the ranks of several now-defunct peers sued over copyright infringement. In a message posted to its website on Thursday, Grooveshark said that “despite (the) best of intentions, we made very serious mistakes

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Quake-hit Nepalis need information, not just food and water

By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) – There is probably no other place in the world right now where information – from the fate of your family members to where to get food and water – is more desperately needed than in the Nepal, devastated by a powerful earthquake six days ago. The 7.8 magnitude quake brought down thousands of buildings in the densely-populated Kathmandu Valley, which includes the capital, severely damaged telecommunications, tore apart roads and snapped bridges.

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