LinkedIn Litigation
by jtugman
Source: http://www.nytimes.com/2014/11/09/technology/on-linkedin-a-reference-list-you-didnt-write.html?ref=business&_r=0
This article covers a recent legal issue that LinkedIn has run into with four of its customers. They state that the premium references system is in violation of the Fair Credit Reporting Act.
I found this topic very interesting because it provided insight on the possible legal complications that can arise from implementing new features on an established platform like LinkedIn. LinkedIn is a powerful resource that no doubt will be used by fellow first years soon, so I find it interesting to see it operate as a business as opposed to just a magical website that gives you jobs. This article also made me curious about what LinkedIn’s business model canvas would look like and what things would be included under their revenue streams or key partners section.
This article also makes it clear that online personal information is truly an asset to employers, and that social media platforms as a screening process is just as valid as a face to face interview. When firms outsource their recruiting process to compile reports on potential employees then it is evident that a digital presence in the job market
is almost as important as a physical one.
Identifying the legal elements of a business is a topic that I find rather interesting and I hope to learn more about it in the coming years.