Facebook (FB) is quickly transforming its platform to include more than keeping up with friends and family. In just the past few months the social media company has made it easy for users to post things for sale (You hear that, Craigslist?), communicate with co-workers and work teams, purchase tickets to movies or events and find local events in their communities.
Well, here's one more feature for the Facebook platform: Finding a job.
Facebook has confirmed that it's working on recruiting features for its business users. If that's the case, it could be a big red flag for LinkedIn (LNKD) , soon to be bought by Microsoft (MSFT) in a $26.2 billion deal.
So if Facebook is going to make a push against LinkedIn's business and market share, Microsoft may have to flex its financial and creative muscles in response.
Not to say that Facebook will overthrow LinkedIn by any means, because of LinkedIn's ability to allow users to have a professional profile. However, Facebook's huge user base could give it an advantage in future.
Shares of Facebook closed at $124.22 Tuesday, up 1.7%.
More on Facebook: It is being sued by a group of users because of the company's ability to send ads to users based on "ethnic affinity."