Linkedin became the third social network media company in a week to lose as much as a quarter of its valuation after reporting a weaker outlook. <br /><br /> The company said it expected to make between 670 and 675 million dollars in the three months to June, less than the 728 million dollars that had been expected.<br /><br /> Linkedin blamed the stronger US dollar and costs related to the 1.5 billion dollar purchase of the US online business Lynda which it announced last month.<br /><br /> Chief financial officer Steve Sordello said he expected revenue contribution from the purchase to “normalise” in the second half of 2016.
