The Internet has solved the basic distribution of event-based facts in a variety of ways; no one needs a news organization to know what the White House is saying when all press briefings are posted on YouTube. What we do need is someone to tell us what it means.
I’ll give you the most logical conclusion kids are ditching Facebook—one that none of the articles I read on the Great Teenage Facebook Exodus mentioned. And the evidence that supports the theory is right there in the Piper Jaffray survey. But first let’s define Facebook.
What is Facebook to most people over the age of 25? It’s a never-ending class reunion mixed with an eternal late-night dorm room gossip session mixed with a nightly check-in on what coworkers are doing after leaving the office. In other words, it’s a place where you go to keep tabs on your friends and acquaintances.
You know what kids call that? School.
When important news is shared on Twitter, traders and investors need to be able to access it, and validate its importance in order to incorporate that information into their decision making process. Bloomberg’s platform now provides this ability, along with the high-quality news, data and analytics our users need and have come to expect from us.
I feel like my use of social media, it’s not completely consigned to Twitter, but I certainly use it more than any other social medium. But Twitter’s not the only way people are consuming information through social media, and I think that’s something worth reinforcing again and again. Reddit got a lot of attention for the Aurora shootings. I think social media is a good thing for journalists because I think it makes us all more aware, it’s just that simple. I think more information is better, and better than less, certainly. And I think it actually diversifies the streams of information. I think I am much more likely to learn about something through Twitter than I would through my conventional means of consumption. I’m going to be surprised, I am going to to read or be pointed to find out something I had not heard before.
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