August 1, 2014

LinkedIn Subscription Revenue Rises 44% to $105 Million in Q2

LinekdIn announced its quarterly earnings this week, stating its total revenue for Q2 was $534 million, an increase of 47% compared to $364 million in the second quarter of 2013. More notably, 20%, or $105 million, was from premium subscriptions alone. That’s a 44% increase over subscription revenue in Q2 of 2013, which is impressive for a site that’s 11 years old now. In contrast to The New York Times, which is struggling to maintain steady growth…

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Target Data Breach Impact on Debit Cards

We have seen the impact of the breach in the form of an increase in certain declines that indicate a closed account or potentially fraudulent activity. When viewing data from Paul Larsen Consulting merchants in aggregate, for a mix of credit and debit cards, the rate of Invalid Account Number declines more than doubled over the same time prior year, from just over 9% to 19%. Also on the rise were restricted card and pick up card declines.

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