“We’d Use Facebook for THAT”? A Brief Note on the SEC and the Bloomberg Terminal

We’re guessing the TOKY Blog doesn’t have many readers who are still skeptical of social media. You’re likely in.

But if you’re ever talking with colleague who hasn’t yet recognized that Twitter and Facebook can in fact be outlets or listening posts for substantive and/or consequential information — that at heart they are content vehicles, with giant reach — you might reference these two articles, published during the past few days:

• At Bloomberg: “SEC Approves Using Facebook, Twitter for Company Disclosures”
• On the Wall Street Journal’s All Things D blog: “After SEC Decision, Bloomberg Integrates Tweets Into the Wire”

Bonus points to the New York Times DealBook blog for the highly meta Bloomberg Terminal photograph.