Social Media – Business Impact

In the last few days MySpace has announced that nearly half its workforce will be made redundant, and that the business will be sold or spun off.

So what?

The story has several practical implications for using social networking profitably, by businesses large and small. These include pitfalls to avoid, and opportunities to leverage.

In this article I've written for the IT Faculty of the ICAEW, here are some tips for using social media profitably.