LinkedIn hits 1 billion members, adds AI features for job seekers

A keyboard is placed in front of a displayed LinkedIn logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo, on Wednesday said it now has more than 1 billion members and is adding more artificial intelligence features for paying users.

Crossing the billion-users mark puts LinkedIn - where members maintain a resume-like profile of their education, work experience and professional skills - in the top-tier of social media networks that include rivals such as Meta PlatformsLinkedIn has a free tier of membership but also offers subscriptions from $30 per month.

LinkedIn also introduced on Wednesday a button that will summarize long posts into a few key bullet points tailored for each user, for example by giving a sales professional a different takeaway than a stock broker.Shares of Pinterest surged 17% on Tuesday after a strong quarterly performance indicated that the image-sharing platform was riding a rebound in the advertising market and making inroads among the lucrative Gen Z.

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