LinkedIn in talks to purchase Pulse News app

LinkedIn is reportedly in talks to buy popular news aggregator app, Pulse News. According to AllThingsD, LinkedIn will close the purchase of the startup somewhere between $50 and $100 million. It was also revealed that LinkedIn is competing against heavyweights Yahoo and Microsoft to buy Pulse. Microsoft had earlier partnered with Pulse on a mobile web app, making it a strong contender as well. AllThingsD states the list of possible companies looking to acquire Pulse also includes Facebook, Gannett and Amazon. However, we think it is very surprising to see the likes of Facebook and Amazon in the fray to acquire Pulse, and it is highly unlikely that they will make a move.Click here for full story