LinkedIn testing paid online events as potential new moneymaker

LinkedIn’s plans were revealed inside of code hidden in a beta version of an upcoming update to the company’s iPhone application. — Credit Background photo created by ijeab - www.freepik.com

LinkedIn is testing the idea of letting users charge for virtual events hosted on its platform, potentially creating a new moneymaker for both the social network and its users.

The test involves a small group of users, and the company hasn’t decided whether to roll it out more broadly, the Microsoft Corp division said in a statement Monday. LinkedIn is still exploring the approach, including how much – if anything – it will collect from hosts.