social media News

Social Media Postings Lead to Firing of Texas Executive

Houston-based Francesca’s Holdings Corp. reported it has fired its chief financial officer, saying that he improperly communicated company information through social media. But the women’s clothing retailer also raised its fiscal first-quarter earnings estimate, citing better than expected sales. Its …

Social Media Patent War Looms as Yahoo Threatens Facebook

Yahoo has demanded licensing fees from Facebook for use of its technology, the companies said on Monday, potentially engulfing social media in the patent battles and lawsuits raging across much of the tech sector. Yahoo has asserted claims on patents …

‘Like’ Facebook in Driver’s Seat? Mercedes Offers App Inside Cars

At restaurants, at movies and at the office, checking Facebook has become a regular habit for many of the Internet social network’s more than 800 million users. Now that habit has reached a new frontier: the automobile. Mercedes-Benz USA is …

GEICO App Gives Facebook Users Access to Policies

GEICO is launching a new Facebook app called “GEICO Shortcuts,” which will give GEICO policyholders access to their insurance information using the functionality of the popular social networking site. “Facebook’s dramatic growth has significantly changed the way people consume information,” …

Europe’s Risk Managers Concerned by Social Media Reputation Damage

The U.S. isn’t alone in having to deal with the increased threats from social media and the potential they pose to reputation risk, as well as the protection of confidential information. These risks are also becoming more significant for European …

Facebook Policies Tricky for Employers, Employees

In the age of instant tweets and impulsive Facebook posts, some companies are still trying to figure out how they can limit what their employees say about work online without running afoul of the law. Confusion about what workers can …

Top 5 Technology Priorities for P/C Insurers

Property/casualty insurance companies plan to invest in technology for underwriting, policy administration, consumer portals, predictive analytics/business intelligence and mobility/virtualization. Those are the top five technology priorities for carriers, according to the IVANS 2011 Carrier Automation Trends study. The survey found …

Judge Weighs Damages Against Indiana School Over MySpace Photos

An Indiana school district violated the First Amendment rights of two teenage girls who were punished for posting sexually suggestive photos on MySpace during their summer vacation, a federal judge ruled. The case involving Churubusco High School and Smith-Green Community …

Disaster Plan Should Include Social Media, Says Hurricane Center

Nobody is going to push the “like” button for a hurricane, but the National Hurricane Center hopes to get some Facebook fans for its storm advisories. The hurricane center joined the online social network in January to give a behind-the-scenes …

$430k Love Settlement Shows Tweets Can Be Costly

Courtney Love’s settlement of a case sparked by online attacks on a fashion designer show that while Twitter posts may be short, they can also be costly. The singer has agreed to pay Austin, Texas-based Dawn Simorangkir $430,000, plus interest, …