Businesses

The JOBS Act was signed into law last week in an effort to boost the economy. The law, which in long form is the Jumpstart Our Business Startups Act, is designed to help startups and small businesses raise capital and avoid cumbersome regulatory hurdles.

Michael McGeary of Hattery Labs worked directly with lawmakers on this bill and spoke with WebProNews about it. According to him, the law is a “great first step” in getting the economy back on track.

The “crowdfunding” element of the bill that will enable startups to solicit the general public for investment is getting the most attention. McGeary told us that this will help startups become companies faster and give them more growth potential. Additionally, he believes small businesses will benefit from the transparency and removal of forced IPOs that the law will bring.

Although there have been some concerns raised about the JOBS Act regarding fraud and failed IPOs, McGeary told us that, if these issues arise, Washington will step in very quickly to address them. However, due the bipartisan support the bill has received, he does not think these issues will become a problem.

The SEC is currently asking for feedback on the law as it begins the regulatory process.

How will the JOBS Act benefit you? Why or why not?






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Most businesses now realize the potential of social media and its compelling way it reaches customers. Social media is an equalizer of influence. It’s not about the technology, but people being engaged. Customers are more influential as part of the social media arena. Social media has created an involved, connected and more perceptive customer audience.

Businesses must embrace this opportunity and the relationships they’re shaping with their customers. By adopting a new perspective, a meaningful engagement strategy for building customer relationships, businesses can take advantage of the growing opportunities via social media networks.

There is no doubt about it. Customer influence is growing! Businesses that embrace customer engagement to form and guide experiences, and to innovate products and services will gain significant brand and competitive advantages.


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IBM recently announced that it was expanding its social platform to help businesses track and manage social media. As Rene Schimmer, the Offering Manager for Social Software for IBM Collaboration Solutions, explained, the company has rolled out IBM Connections, which is a social networking platform with real-time capabilities.

IBM also partnered with Actiance in this effort to focus specifically on compliance issues. As social media grows and becomes more valuable, businesses understand the necessity in utilizing it. However, there are valid concerns when it comes to security and compliance.

Schimmer told us that IBM Connections hopes to provide a solution to businesses facing this particular challenge.


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Last week, Technorati announced that it was making some internal changes. Richard Jalichandra, who has been the CEO of the company for the past three and a half years, is stepping up to the position of executive chairman. Shani Higgins, who’s former title was SVP and General Manager of the Media unit, is the new CEO of Technorati.

In addition to the CEO swap, Technorati also announced a new CTO position that Abderrezak Kamel is filling. Higgins told WebProNews that the changes were natural and that they would help the company reach its future goals.


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