9/14/2023 0 Comments Linkedin down![]() ![]() In 2016, the New York Times reported that Facebook spent years working on a censored version of its platform for China after Beijing banned its global platform in 2009. LinkedIn’s approach to the mainland market served as a model for other tech giants to enter the Chinese market after previous bans. Microsoft president Brad Smith said in January that all China revenue accounted for less than 2% of Microsoft’s earnings, which totaled $143 billion last year. It is unclear how much of LinkedIn’s $10.3 billion in revenue came from China in 2020. and India as of this year, according to LinkedIn’s website. LinkedIn’s China platform appeared to be a success, growing into LinkedIn’s third-largest market behind the U.S. The main difference is that Chinese users will not see posts or users that LinkedIn blocks due to China’s censorship rules. LinkedIn’s decision to shutter its Chinese networking site ends the “LinkedIn model”-a strategy that LinkedIn pioneered to access the lucrative Chinese market via a joint venture with local partners that offered a censored version of its global product to users in China.įor the most part, users of LinkedIn’s Chinese site experience the platform just as users outside of China do they can build a professional profile, apply for jobs, share work updates or news stories, and connect with LinkedIn users from all around the world. InJobs will act as a jobs board, connecting companies with potential hires, but it won’t have a social feed or allow users to share content. LinkedIn did not respond to Fortune’s questions.īut Shroff wrote that LinkedIn will soon launch InJobs, which will cater to the Chinese market. It is not immediately clear what will happen to LinkedIn’s 54 million Chinese users. Shroff said that the site will be shut down by the end of the year. “Given this, we’ve made the decision to sunset the current localized version of LinkedIn. Then, he backtracked and voted against the item altogether.“ facing a significantly more challenging operating environment and greater compliance requirements in China,” Mohak Shroff, senior vice president at LinkedIn, wrote on the company’s blog. Prior to the vote, he proposed a tweak to the ordinance to specify that the setback reprieve Damac gets on the south side has to equal the amount of space freed up on the north side for a memorial. Landsman, who was the deciding vote, initially appeared to side with the ‘yes’ camp. What this ordinance does is give the town a mechanism to shift it to allow the developer to give us some sort of access on the site.” “They can build the current plan completely. “The developer owes nothing to any of us,” Rose said. Mayor Shlomo Danzinger and Vice Mayor Jeffrey Rose, who were the sole votes in favor, countered that shooting down the ordinance does away with the possibility of having a portion of the memorial extend onto the collapse site. Velazquez said the developer, not the mayor, should have presented the proposal. “Those apartments that are worth millions of dollars more than the ones on the lower floors are going to create an extra profit for the developer,” Velazquez said.Ĭommissioners Velazquez, Fred Landsman and Marianne Meischeid voted against the item. But the drawings also showed that the ordinance would allow Damac to build a straight building instead of a wedding cake-designed project where the upper floors scale back similar to a pyramid.Įssentially, a straight building would allow for bigger units on the upper stories, opponents argued. ![]() Schematics presented at the meeting showed that this would decrease the project size by about 1,000 feet. Under the ordinance, the memorial would still have been built on 88th Street but could extend by about 5 feet to 10 feet onto the collapse site. But many victims’ families have pushed for the place of remembrance to rise on the actual Champlain Towers South property. Surfside already has approved for a memorial to rise on 88th Street. The plans call for up to six condos per floor, with units ranging from 4,000 square feet to 15,000 square feet In June, Damac filed two sets of designs for a 12-story, 57-unit boutique condo designed by Zaha Hadid Architects on the 1.8-acre oceanfront property. ![]() A rendering of the project (Rendering via Zaha Hadid Architects) ![]()
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