One of the lamest companies in tech bought one of the other lamest companies in tech. | The New Republic

One of the lamest companies in tech bought one of the other lamest companies in tech.

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Microsoft has purchased LinkedIn for $26 billion in cash—roughly one dollar for every email LinkedIn sends a day. LinkedIn, the most boring (and, to its credit, least hate-filled) social network, has 400 million users, but has struggled to establish an identity beyond “place to publicly lie about your resume.” This year its stock had fallen to a low of $131 a share—less than half of its peak of $269 a share, which it hit in February of last year. Microsoft, meanwhile, hasn’t been cool since 1995 and this certainly won’t help.