On one level, of course, this world of aspirational business affiliation is nothing new. LinkedIn merely digitizes the core, and frequently cruel, paradox of networking events and conferences. You show up at such gatherings because you want to know more important people in your line of work—but the only people mingling are those who, like you, don’t seem to know anyone important. You just end up talking to the sad sacks you already know. From this crushing realization, the paradoxes multiply on up through the social food chain: those who are at the top of the field are at this event only to entice paying attendees, soak up the speaking fees, and slip out the back door after politely declining the modest swag bag. They’re not standing around on garish hotel ballroom carpet with a plastic cup of cheap chardonnay in one hand and a stack of business cards in the other.
via All LinkedIn with Nowhere to Go | Ann Friedman | The Baffler.
In the same vein, actual business acumen and leadership skills usually take a back seat in the LinkedIn system to simple digital renown. Some of the best-known gurus on the site have had the most success in the realm of . . . thinking about stuff.
Let me walk through the process of password protection and explain why unsalted passwords are only infinitesimally better than plaintext passwords:
via LinkedIn Password Leak: Salt Their Hide – ACM Queue.
LinkedIn is learning fast right now, according to their damage control missives, they have now implemented salting and “better hashing.” But we have yet to find out why nobody objected to them protecting 150+ million user passwords with 1970s methods.
And everybody else should take notice too: Even if you use md5crypt, you should upgrade your password scrambling algorithm. As a rule of thumb: If it does not take a full second to calculate the password hash, it is too weak.
Revenue from Marketing Solutions products totaled $49.5 million, an increase of 77% compared to the fourth quarter of 2010 and represented 30% of total revenue in the fourth quarter of 2011, compared to 34% in the fourth quarter of 2010. Premium Subscriptions revenue totaled $33.3 million, an increase of 87% compared to the fourth quarter of 2010 and was 20% of total revenue in the fourth quarter of 2011, compared to 22% in the fourth quarter of 2010.
By geographic area, revenue from the U.S. totaled $112 million, and represented 67% of total revenue in the fourth quarter of 2011. Revenue from international markets totaled $55.8 million, and represented 33% of total revenue in the fourth quarter of 2011.
via LinkedIn Beats The Street, Q4 Revenue Up 105 Percent To $167.7M | TechCrunch.