Reuters published an interesting news story today at 12.07pm, talking about the fact that social media can be used as a potenetial breeding ground for securities fraud. Certain FBI agents use Twitter and Facebook for tips and use them for certain investigations, one in particular is the insider trading in the $2 trillion hedge fund industry. Read the rest of this entry →
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I have previously mentioned that Twitter can be a dangerous tool of social media and recent events have shown that. I was lucky to have a lecture today that spoke deeply into whether social media is a gift or trap. I am very torn between the two views and even after the lecture I still felt torn. I am hoping that through some recapping on this blog post I will come to some conclusion.
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When reading Nic Newman’s working paper: ‘The rise of social media and its impact on mainstream journalism’, a few topics arose which I found rather interesting. Firstly the success and falls of social media (mainly focusing on Twitter) and the relationship created from social media that you do not see in mainstream journalism. Read the rest of this entry →
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