Microsoft Buys LinkedIn For $26.2 Billion03:28
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A sign is posted in front of the LinkedIn headquarters on February 11, 2011 in Mountain View, California.   (Justin Sullivan/Getty Images)
A sign is posted in front of the LinkedIn headquarters on February 11, 2011 in Mountain View, California. (Justin Sullivan/Getty Images)
This article is more than 3 years old.

Is Microsoft looking to compete with Facebook? The Seattle-based software giant just bought the business-focused social media site LinkedIn for an eye popping $26.2 billion.

Analysts have long said the LinkedIn's was overshadowed by hipper social media sites. Here & Now's Robin Young speaks with CBS business analyst Jill Schlesinger.

Guest

Jill Schlesinger, CBS Money. She tweets @jillonmoney.

This segment aired on June 13, 2016.

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