Professional networking platform LinkedIn said on Thursday that it is shutting down its professional networking service in China later this year. This has cited more challenging operating environments and more accepted requirements.
Microsoft will introduce new app
The Microsoft-owned service said it will introduce a new app focused entirely on job postings in China. The new app will not have social networking features such as post sharing and commenting, which have been critical to LinkedIn's success in the United States and elsewhere.
LinkedIn has long been the only major US social network that operated in China. Twitter and Facebook have been blocked in China. But LinkedIn censored posts made by millions of its Chinese users in accordance with Chinese laws to do business in China. This is something other US companies were often reluctant or unable to do.
In March, China's internet regulator reprimanded LinkedIn for failing to control political content, three people briefed on the matter at the time. LinkedIn was required by officials to conduct a self-assessment and submit a report to the Cyberspace Administration of China's internet regulator. The service was also forced to suspend new users connected in China for 30 days.
Data of about 500 million users of LinkedIn leaked
Recently, the data of about 500 million users of LinkedIn has been leaked. According to the report, the leaked data was being sold online. A scrapped archive of data of 500 million users was put up for sale on a popular hacker forum. The report also said that the people behind this hack have sampled 20 lakh records in the leaked data.
This data included many personal information like name, email id, address, phone number and workplace of the users. This data was sold for 20 lakhs. It has also been told in the report that hacker groups can sell this data for a higher price in the coming time. This means that this group will sell the personal information of users in the form of bitcoin.