Money

The logo for LinkedIn Corporation, a social networking networking website for people in professional occupations, is shown in Mountain View, California in this February 6, 2013 file photo. (REUTERS/RobertGalbraith/Files)

LinkedIn shares dive more than 40%, $11B wiped out

LinkedIn Corp's shares plunged as much as 43% on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations.

Chief executive John Chen speaks at the BlackBerry Ltd. annual meeting in Waterloo, Ont., on June 23, 2015. (THE CANADIAN PRESS/Frank Gunn)

BlackBerry cutting staff

BlackBerry Ltd. is laying off 75 employees in Florida and downsizing its staff in Canada by an unspecified amount.

Bell Canada head office is seen on Nun's Island, Wednesday, August 5, 2015, in Montreal. (THE CANADIAN PRESS/Ryan Remiorz)

BCE's severance costs drag down profit

The parent of Bell Canada, CTV and related businesses has recorded $120 million of severance-related expenses in the fourth quarter as the company moved to lower its cost structure.

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