Meanwhile, having been left in the lurch when CIT spiraled down, many small business have since moved on and found other lenders. Will they come back?
Looking to hire the best and brightest young minds America has to offer? Good luck with that. According the the ninth annual Junior Achievement/Deloitte Teen Ethics Survey, 58 percent of teens say that they'd consider their ability to use social networks at work when looking at job offers from potential employers.
As the philosopher Dangerfield once said, now I know why tigers eat their young.
Why should you care if you shoot your mouth off on the internet? Because the rules of defamation and slander apply to what you write online just as they do to newspaper articles or any other form of speech, notes New York City attorney Nina Kaufman of Ask The Business Lawyer. Folks are getting sued for making up lies about people online, and they're getting hit with big fines, too.
Besides the longstanding rule--don't say things that aren't true--what are the new rules?
I usually let Mikal Belicove handle the social-media analysis around here, since he's the expert. But at the moment he's busy on a book...and this week the interesting new free social-media tools were just raining down. So Wednesday Web Resources presents: A reputation-management tool by Marchex, the return of free online business listings at Citysearch, Google's latest local angle, and Microsoft's new online encyclopedia of people.
"Thousands of people have been tricked into sending payment information and being charged hidden fees by questionable operations," Google said in a blog post today.
Along with several other unnamed companies, the search engine giant sued software development firm Pacific Web Works in a Utah District Court. The lawsuit cites trademark infringement and dilution, unfair competition, federal cyberpiracy and violation of consumer sales practices.
"Small businesses need a lot more than e-mail and internet access to stay competitive," says Monte Beck, Verizon's vice president for small-business product strategy. He adds that the Verizon Collaboration Center is a tool to help small businesses grow, run more efficiently and reduce costs.
The first thing I asked when I found out about the Verizon's new Collaboration Center was, "What makes it different?" Powered by Cisco's WebEx software, the collaboration center facilitates video conferencing, document and calendar management and sharing as well as project management. Seems to me, the only real difference is that it's Verizon-branded. That said, after having a chance to play around with the collaboration center, I can say that the interface is sleek, user-friendly and geared for the business user.
Many small business owners and business organizations have voiced their displeasure with being shut out of these events. So what are we waiting for? Let's hold our own jobs summit.
So now what?
In November, ADP reports the private sector cut 169,000 jobs. In October, 195,000 jobs were lost. Job losses peaked at 736,000 in March and have lessened every month since, ADP said.
Milo is a free Web site that compiles local-level retail merchandise information so you can look onilne and find what's available near your ZIP code. Sounds handy, given how many shoppers browse online before deciding to patronize a local store--a 2007 Accenture study showed 68 percent of shoppers do just that, and JupiterResearch estimates $1 trillion in purchases will be made this way by 2011.
So far, the only thing I've seen Wave used for is chatting and discussions about what Google Wave can be used for. Lifehacker even compiled a list of the best uses for Wave. But it's apparent what Google's intentions are for this application and that is to be used for getting things done; not social networking.
Here's what's on my bookshelf that I think is worth settling into bed with and staying up a few minutes later to read: