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Rumor: LinkedIn to Acquire News Reader App, Pulse

Sections: Web, Web 2.0 / Social Networking, Web Apps

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pulse appRumor has it that LinkedIn is looking to acquire newsreader app, Pulse. The social platform for professionals may be expanding its already developing content innovations with the popular newsreader.

As of late, LinkedIn has been featuring articles from high profile professionals for its users. The acquisition will likely be a successful partnership for where the network is headed.

LinkedIn will reportedly buy Pulse for $50 million to $100 million. Pulse currently services 20 million users who read more than 10 million stories per day.

The app competes with other newsreaders like FlipBoard and Google Currents. Over the last year, LinkedIn added both SlideShare and Rapportive to its repertoire.

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