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The Legal Implications of Social Networking: The Basics (Part One)

Source : 346   On   17 May 2018
Home   >   All Articles  >   The Legal Implications of Social Networking: The Basics (Part One)
 
 
 
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We are in the midst of a communications revolution.   Use of social media for communication purposes continues to grow, while "old school" messaging media like email is on the decline.  Facebook reportedly has reached 700 million users worldwide and is putatively valued at $50 billion dollars. Advertising revenue expected to be generated from social media is estimated to reach $8.3 billion dollars annually by 2015. Significantly, according to one survey, 81% of companies have implemented (or plan to implement) social networking in order to enhance their exposure.  Seventy-three percent of small and medium businesses reportedly employ social media for marketing purposes.