LinkedIn, the employment and networking social media juggernaut, has just closed a $74 million deal to purchase a 120,000-square-foot property in Sunnyvale, California.The company’s newest acquisition comes at a time when other large-scale tech companies, such as Meta (NASDAQ:META) and Google, are still making employment cuts. Leasing activity has also dropped in Silicon Valley, resulting in a record-high vacancy rate of about 15.5%, according to CoStar data.If AI-heavy companies are a benchmark for office growth, Nvidia‘s (NASDAQ:NVDA) recent purchase of a 100,600-square-foot building at 300 Holger Way augurs well. Is the acquistion trying to bild confidence in silicon valley ?

Previous Article

IBM’s retrun to work policy

Next Article

The Promising Dogecoin