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Posted by on May 31, 2013 in Social Networks |

The Wall Street Journal wants to create its own social network

The Wall Street Journal wants to create its own social network

(Cc) cafemama / Flickr

The plans to launch a similar business LinkedIn, as published by The Times . The business newspaper, owned by Rupert Murdoch, is in the process of restructuring its financial offer, adding a messaging system for investors and a news service called Dow Jones X.

This is not the first venture of in social networks, which already had a (bad) experience with MySpace. The company acquired the social network in 2005 for $ 580 million, selling it in 2011 for just USD $ 35 million to Specific Media and Justin Timberlake.

There are no details on when it might appear WSJ business network, although according to the Times still be missing months for release.

Link: News Corp poised to challenge LinkedIn (The Times)

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