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Thanks To Netflix and Reed Hastings

After The Securities and Exchange Commission gave permission to use Twitter and Facebook to announce information, public companies are asking for more guidance on the subject.

Should companies choose inform The Securities and Exchange Commission prematurely about the type of social media they are intending? Do they have to choose? Or they can randomly post and tweet.

What kind of information is permissible and what’s not? And more importantly does this new feature will create a new stream of business and competition?

Thanks to Netflix and Reed Hastings for stating last year on his personal Facebook page that Netflix’s monthly online viewing had exceeded one billion hours for the first time, that’s was the first step.

Source:marketwatch.com

Picture:sec.gov