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Tech Week in Review: LinkedIn by the Numbers, Facebook Changes Up Timeline (Again), Google Wallet News, and More…

LinkedIn Revenue Up 81%

The professional connection site, LinkedIn, released their Q3 report yesterday, proving it pays to stay connected.

Their financial results showed revenue increased 81% in Q3, climbing from $139.5 million in 2011’s Q3 to $252 million this year.

From their blog: “The last few months mark the most significant period of product development in the company’s history. This accelerated pace of innovation is fundamental to our goal of driving greater engagement on the LinkedIn platform.”

According to NASDAQ, LinkedIn’s stock is up 6.78 – a two and a half week high.

Are you on LinkedIn? Are you surprised by the numbers or not at all?

Facebook Changes Up Timeline

Remember when Facebook went and changed everyone’s feed to Timeline? Of course you do – the Internet was in an uproar.

Well now, according to Inside Facebook, be prepared for some more changes.


“Facebook is testing a new format for user Timelines,” it reports, “which puts all posts in a single column on the left and any activity modules in a narrower column on the right.”

What do you think of this new look? Should Facebook stop trying to change the site?

(Photo from Google Commerce blog)

 Google Wallet Credit Card?

Don’t throw away your leather, engraved wallet just yet – Android Police is reporting Google might be making a physical credit card very, very soon.

According to the article the “Google Wallet card will work just like a regular credit card. Whatever your currently selected default card on the Wallet app is, the Wallet card will charge to.”

Why would Google Wallet want or need a physical app? The card is a good backup if ‘tap and pay’ isn’t working or you just want to hold some plastic in your hands.

Google also announced on its Google Commerce blog yesterday (Nov. 1), some new, money-saving features are coming to Wallet.

For example, sites that already Google Wallet will now not make you enter your credit card information – it will pull everything from Google Wallet.

“Typically, on mobile websites, you need to key in 17-20 fields of information on a small screen while having to click and scroll through multiple pages to provide shipping and billing information,” the site explains. “It’s no wonder up to 97% of mobile shoppers abandon their mobile shopping carts.

“Google Wallet makes it easy and secure for you.”

Do you want a physical Google Wallet credit card? Why or why not?

Images: [USA Today][Google Blog]

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