Report: News Corp. not likely to buy LinkedIn
LinkedIn CEO Dan Nye, touring New York to brief journalists on embargoed news we already reported, told CNET that LinkedIn's backers have "great confidence in our independent path." CNET takes this for code that the rumored News Corp deal is off. Nah. It's just good negotiating. LinkedIn still may not sell, but if it does, Nye's billion-dollar posturing will ensure the site isn't sold cheap. It's a lesson some overeager startup flippers should take to heart.