Toshiba announced today it is launching a social business network called eXCHANGE, aimed at connecting its sales, service, administrative and corporate employees in the U.S.
Toshiba says eXCHANGE is similar to other social networks, such as Facebook, LinkedIN or MySpace and it will offer members an online forum to share and seek information, including best sales practices, user generated information and product tips.
ESPN Placing Restrictions On Employees Regarding Social Media
Yesterday we told you about the social media restrictions that the United States Marine Corps has placed on its network. Many of you, including myself, hated to see this happen but considering what could potentially take place (security concerns etc.) it has its merits.
ESPN To Employees: Only Tweet About ESPN
UPDATE: ESPN has responded to the rumored Twitter policy, by releasing their "ADDITIONAL GUIDELINES FOR SOCIAL NETWORKING"
Microsoft, Yahoo CEOs Comment On Employees’ Fates
Personnel-related "efficiencies" can be good or bad, depending on one’s perspective. Companies want to save money, of course, and their shareholders also appreciate savings. But employees like to keep their jobs. So let’s take a look at what sort of effect the Microsoft-Yahoo deal may have.
Is Facebook Killing Your Employees’ Productivity?
On the heels of a study indicating that social media can significantly impact a brand’s bottom line positively, another one has come out saying that Facebook is costing companies productivity.
To be more specific, the new independent study from Nucleus Research is saying that Facebook costs companies 1.5 percent of total productivity, and that one in every 33 employees has built their entire profile during work time.
Massive Layoffs Await MySpace Employees
Layoff described by one source as ":massive" are coming to MySpace although there is no official word yet from the company. MySpace shed 5% of its staff a year ago and laid of as many as 45 more last month. But these cuts will go far deeper, according to TechCrunch and could hit several hundred. Management will inevitably blame a tough economy and plummeting ad revenue, but declining traffic is the real culprit.
Report: Facebook Raising $150M To Reward Employees
Facebook’s employees may soon get a special payday that goes well beyond the normal end-of-the-week routine. A new report indicates the company is raising $150 million in order to buy out workers’ shares and effectively give them a pre-IPO reward.
Wall Street Journal Gives Employees Social Media Rules
We’ve seen newspaper publishers forbid employees from accessing social networks before. The Wall Street Journal is not restricting access, but they are restricting how social networks are used by their employees.
Should Companies Restrict Employees Use of Facebook, Twitter?
Update: The original title of this article was "USA Today Publisher Restricting Employees from Using Social Networks?" USA Today called Murdok requesting a change because it made it look like USA Today itself was discouraging social media use, which is apparently not the case.
Surfing At Work Makes Employees More Productive
Visiting sites like Facebook or YouTube while at work can make employees more productive, claims a new University of Melbourne study.
Dr. Brent Coker, from the Department of Management and Marketing, says that workers who engage in "Workplace Internet Leisure Browsing" (WILB) are more productive than those who don’t.