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SOCIAL NEWS: LinkedIn’s revenue grows by 59%

LinkedIn's revenues have grown 59 per cent hitting a whopping $363.7 million.

Meanwhile, the professional social network's earnings reached $0.38 per share, beating previous estimates of $0.31.

Jeff Weiner, CEO of LinkedIn, said: "Accelerated member growth and strong engagement drove record operating and financial results in the second quarter.

"We are continuing to invest in driving scale across the LinkedIn platform in order to fully realize our long-term potential."