Majority Of Companies Avoiding Social Media

The majority of businesses have no formal plans to adopt social media or use its benefits that can lead to better customer relations and increased sales.Fear and apathy are the primary barriers to using social media, according to a global survey by Avanade, an IT consultancy company.Over half of respondents to the survey said senior executives and IT staff resist adoption out of fear it will reduce employee productivity.  Sixty percent believe management does not understand the potential social media offers employees and customers.

United Airlines Stock Crashes On Old News

An article from 2002 detailing the bankruptcy filing of United Airlines resurfaced online Monday, sending the company’s stock plummeting as some traders thought the report was current news.UAL, parent of United Airlines, saw its shares fall 76 percent to $3 because of an article by the Florida Sun-Sentinel reporting the bankruptcy filing which was picked up by Bloomberg financial news service.

Google Enacts New Privacy Precautions

You’ve probably seen more gracious behavior from 6-year-olds who have lost a game of Monopoly.  Still, even if the company’s not thrilled about it, Google’s agreed to take new steps to protect users’ privacy.The main development relates to anonymizing IP addresses on corporate server logs after nine months instead of eighteen.  It’s no secret that the EU regulators and other watchdogs pushed Google on this point for a long time.

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