SEC To Recognize Corporate Blogs as Public Disclosure. Can We Now Kill the Press Release?
Posted on July 31, 2008 at 13:53 PM EDT
For several years, Sun CEO, Jonathan Schwartz has lobbied the SEC to allow disclosure of financial information through corporate blogs. In a landmark announcement, it seems that Mr. Schwartz may indeed get his wish, and with it, a historical decision that could break the age-old shackles that bound businesses to traditional media and distribution channels [...]