While we were sleeping -- America took another step to a Techno Gilded Age [View all]
Microsoft -- a company that already has way too much market power and too much access to personal information -- is aquiring Linked In, the popular business/social network.
The Internet is rapidly congealing into a handful of massive Corporations that have access to a frightening amount of personal information. And the idea of the Internet as a wide-open market is being turned into a small handful of Empires.
http://siliconangle.com/blog/2016/06/22/microsofts-linkedin-acquisition-a-good-deal-for-partners-but-will-there-be-trust-issues-with-workers/
Following Microsofts acquisition of LinkedIn Corp. for $26.2 billion one of Microsofts partners, harmon.ie, a company that develops mobile collaboration tools for Microsoft services, believes Microsoft and its partners stand to benefit considerably from LinkedIns treasure trove of information. But there are some obstacles Microsoft will have to overcome, harmon.ie asserts, and one of those is possibility of LinkedIn users having trust issues with Microsoft owning more of their personal information.
Microsofts intention is to build a massive professional social network, synergising its own Office Graph information derived from mapping billions of interactions across Microsofts Office suite and LinkedIns graph which, collects information relating to employment such as potential, relevant job opportunities and networking.