You might also like this statement LinkedIn provided to The Register:
"We're disappointed, but this was a preliminary ruling and the case is far from over," a company spokesperson said. "We will continue to fight to protect our members' ability to control the information they make available on LinkedIn."1
Members cannot control the agreements that Microsoft/LinkedIn enters into with member information as the bargaining chip. There are no generally limits on how Microsoft/LinkedIn can use the information, either internally or externally.