LinkedIn Debuts New B2B Networking Service

MEDIA POST -- Jul 19 -- LinkedIn.com (2.4 million users) will release a third Web-based premium service today: a directory system for groups and organizations such as companies, conferences, and alumni associations. The new service allows groups to set up directories which LinkedIn members can join. Basic LinkedIn Groups functions are available for free, but for a fee, members of the group will have the group's logo displayed on their profile, linking back to the group's main page. Additional premium features center around accelerating the approval process for adding group members. The company hopes to be profitable by the first quarter of 2006. FULL ARTICLE @ MEDIA POST

Mark Brooks: Linkedin rocks! Reid Hoffman , CEO/Founder, was also an early investor in Friendster and was EVP at Paypal.