Oh the times, oh the customs! These days, with every Tom Dick and Harry CEO maintaining a Twitter account and public Facebook page, it’s easier than ever to violate the S.E.C.’s rules about where you can disclose key information so all your shareholders see it. That’s already gotten Netflix CEO Reed Hastings into a little trouble (not that his example stopped rogue Tesla CEO and would-be Martian Elon Musk).
Well today the S.E.C. announced that it’s a-okay to announce “key information” (like sales figures) via social media, “so long as investors have been alerted about which social media will be used to disseminate such information.”
So what if Iran doesn’t “like” Facebook—if government Internet filters block the social media site, if a state-run news channel once claimed that Mark Zuckerberg offered a cash prize to Israelis that kill Palestinians?
When you’re Supreme Leader, those kinds of national prejudices don’t apply: Ayatollah Ali Khameini created a Facebook profile on Friday, Read More
Following the devastating news that 27 people, including 20 children, had been killed in a mass shooting at an elementary school in Newtown, Connecticut, many immediately took to their Facebook and Twitter pages to lament what they see as the U.S.’s frightening lack of gun control. In New York, #guncontrol trended on Twitter throughout the afternoon, with everyone from casual observers to celebrities to pundits weighing in on how stricter gun laws could have stymied the actions of the gunman at Sandy Hook Elementary School.