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LinkedIn closes China service, cuts over 700 jobs
LinkedIn closes China service, cuts over 700 jobs
Business and Economy
by  AFP

Social networking firm LinkedIn announced Tuesday that it will close down its last service available in China, citing "fierce competition and a challenging macroeconomic climate". "Despite our initial progress, InCareer faced fierce competition and a challenging macroeconomic climate, which ultimately led us to the decision of discontinuing the service," LinkedIn said.

Nintendo banks on 'Zelda' to boost fortunes
Nintendo banks on 'Zelda' to boost fortunes
Business and Economy
by  AFP

Japanese video game giant Nintendo is banking on the latest instalment of its 40-year-old saga "Zelda" to breathe life into its business, after forecasting a drop in profits this year. The company forecast a drop in net profit by 21 percent this year compared with last year.