NEWS
November 26, 2007
Did LinkedIn post a "for sale" sign?

If you believe TechCrunch, LinkedIn is in acquisition talks with Rupert Murdoch's News Corp. But a story in The Telegraph says rumors of a buyout are false. Or, perhaps those rumors are simply premature.

In a post late last week, TechCrunch cited an unconfirmed rumor that LinkedIn was up for grabs. But LinkedIn founder Reid Hoffman denied the rumor saying LinkedIn is not for sale. TechCrunch then updated its story with a slightly coy response from Hoffman.

"I am being entertained by the same rumors," Hoffman wrote. "Our policy on rumors is 'no comment' since in almost every case they are/have been wrong. But we want to reserve the option of saying no comment if and when there may be some truth to them. So, no comment on rumors as always."