San Francisco—LinkedIn Corp. plans to buy the newsreader application Pulse, according to a report by AllThingsD. The deal has not been confirmed by the companies, but AllThingsD reported the purchase price is between $50 million and $100 million.
Pulse aggregates news from different industries and presents it to viewers in a tilelike, graphical interface. In addition to its news assembly model, Pulse offers The Wall Street Journal's premium content through its app.
Pulse has raised a total of $10 million in venture funding since its founding in 2010.