LinkedIn is the creepiest social network around. So says a new post on the digital blog Interactually, which seems to be attracting a lot of support from readers. The creepiest thing about LinkedIn, Interactually says, is its "People you may know' function.
In 'People you may know,' Interactually points out that LinkedIn somehow succeeds in putting forward family members and friends with whom you have no professional connection whatsoever. How is LinkedIn doing this? Interactually posits that it might have something to do with the fact that other LinkedIn users searched for both you and the people LinkedIn suggests as possible contacts. Then again it may not. Maybe that person searched for you? Who knows.
Separately, Warren Buffett has been opining on what makes a good employee. It's all about one single thing, said Buffett: integrity.
“You’re looking for three things, generally, in a person,” Buffett said. “Intelligence, energy, and integrity"
If someone doesn't have integrity, it's not worth bothering with them, Buffett added. A lot of people have intelligence and energy, but integrity is a choice: "You weren’t born with it, you can’t learn it in school.” If you choose integrity, you'll be hired by Buffett. If you don't, you won't.
RBS is going to spend £450m on IT this year. (Financial Times)
The Church says Barclays has ‘repeatedly let down society.’ (Financial Times)
Ex-Goldman energy hedge fund trader has lost 86% of his assets this year. (Bloomberg)
Why the ex-head of investment banking is leaving Credit Suisse: he’s getting a 100% guaranteed bonus and $45m in stock at his new employer. (Reuters)
Abu Dhabi Investment Authority has hired an MD from Deutsche Bank. (Bloomberg)
Merrill Lynch offers internships to football burnouts. (Bloomberg)
"I grew up poor. That was me! I was one of those kids that Robin Hood is helping out," Blankfein said. (CNBC)
Behold the caffeinated toothbrush. (United Academics)