Comfacts Social Media Registry Service Makes its Debut Online ...

NEW YORK, May 18, 2012 /PRNewswire-iReach/ --? New2u Inc. announced today the launch of its new directory service, Social Media Registry, under the name of Comfacts. ?Comfacts is designed to help companies list and showcase their official social media profiles and corporate information. It provides a one-stop solution for users to find company-owned social media accounts.

(Photo: http://photos.prnewswire.com/prnh/20120518/CG10333)

Comfacts Social Media Registry website:? http://comfacts.com

Companies around the world increasingly face the challenge of selecting the most appropriate and effective social media platforms to communicate with customers. They also need to be aware of false social media accounts and profiles by impersonators. ?While capitalizing on social media proliferation, companies must efficiently manage their online profiles and information. ?New2u Inc. believes that Comfacts addresses these business needs by becoming the ideal destination for managing companies' social media presence.??

What is Comfacts?

Comfacts Social Media Registry is a user-generated directory of company-owned social media accounts. Anyone in the general public as well as company representatives and employees can create a Comfacts account to update links to corporate social media accounts.

Comfacts was coined to combine the words "facts" and "comfort." ?News2u has created Comfacts Social Media Registry to offer a new kind of user generated content in social media in an environment where both general users and companies comfortably collaborate. ?Through combining what companies want to deliver with participation of internet users, Comfacts is designed to serve as a new communication venue.??????

How does it work?

From its outset, Comfacts has had social media account lists for more than 2,000 companies. ?These lists await corporate managers of those companies to sign in, verify and approve the accounts. ?Approved accounts display an approval seal icon.

In the meantime, any visitors to Comfacts can register and add the links of social media accounts of any company in the Comfacts Social Media Registry. ?If a particular social media account is not listed, then the user may add the account. ?But once companies verify and approve the list of accounts, users can no longer add accounts to the list without companies' approval.

What are the benefits?

  1. General Users and Press (bloggers, journalists, and media): easily find company-owned social media accounts in one location
  2. Corporate Users: effectively manage official listing of social media accounts

Comfacts will continue to evolve to better serve businesses' internet-based PR & Marketing needs.????

About News2u Inc.

http://www.news2u.com

News2u Inc. was founded in February 2012 as a subsidiary of News2u Corporation.

Media Contact: Minako Kambara PR, 646 678 3891, info@comfacts.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE News2u Inc.

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Facebook Stock Traded at a Record-Breaking 2.7 Million Shares Per Second [Facebook Ipo]

The Facebook IPOcalypse continues, free falling first, now barely recovering. We don't know if it's going to be the most successful opening IPO in history but, right now, it seems they may have broken the record for the fastest traded record in history. More »


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Sony opens up PSN to digital download pre-orders

ImagePre-orders are nothing new in the realm of video gaming -- they're the requisite hype before the release day-storm. On the digital download front, however, that anticipatory frenzy hasn't gotten much major industry support, until now. Sony, purveyor of all things PlayStation, has just tossed a bone to its many PSN subscribers, offering the option to purchase unreleased titles in advance of their planned launches. First up for the newly announced service is Sorcery, one of the company's Move-compatible game due out later this month. Gamers who opt-in for the arrangement will receive an unlock key that should allow their consoles to begin the download process in tandem with the software's official debut. Hit up the source below for the full FAQ.

Sony opens up PSN to digital download pre-orders originally appeared on Engadget on Fri, 18 May 2012 00:47:00 EDT. Please see our terms for use of feeds.

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The Basics of a Home-Based Internet Marketing Business

The rise ?f internet marketing ha? b?en phenomenal ?n recent years, t? say th? least. It h?s provided income-generating opportunities for millions ?f people ?nd ?t h?s effectively diminished th? geographical differences that separated people from potential jobs. Now, mor? ?nd more people ?re starting home-based internet marketing businesses full-time ?r at least, t? supplement income fr?m the?r regular job.

Internet marketing explained

Internet marketing is als? called online marketing ?r sometimes, e-marketing. Defined simply, it refers t? th? type of marketing ?r business th?t promotes ?nd distributes products us?ng th? Internet. It is ?l?o the term u??d to refer t? the Web-based advertising th?t businesses u?e to spread information about the?r products ?nd promote th??r business.

Advantages ?f home-based internet marketing businesses

As ? home-based business, internet marketing is ? perfect model. It ?an be started fr?m home, d?es not require specialized training, u?es ?nly minimum equipment ?r computer applications ?nd in many cases, d?es n?t require large start-up costs ?r significant inventory. Internet marketing ?s ?ls? v?ry convenient, not ?nly b?c?u?? it c?n b? run from virtually an?where online access ?? ?v?ilable but al?o be??u?? it allows f?r mor? efficient distribution ?f information ?nd targeting of th? market. Internet marketing, f?r example, i? one of ?nl? ? f?w types ?f businesses that c?n rely exclusively on e-mail marketing ?nd ?ther digital media for sales, promotion and ?ven customer service.

Limitations of internet marketing businesses

Although highly effective, ther? ar? al?? ??rt?in limitations t? an internet marketing business as ? work-from-home initiative. It tends to b? biased towards new technologies, obviating m?re traditional techniques. This means th?t ?n internet marketer h?s t? be ?n h?? feet all th? time t? ensure that h?? site and strategies remain relevant. The fact th?t mo?t customers cann?t physically ??m? in contact with the product prior t? purchase ?an ?lso b? limiting, prompting internet marketing business owners t? offer broader return policies. Online security is al?? ? concern, which means th?t ? business th?t ?annot assure ?ts customers of high standards of security will stand to lose them. However, the advent ?f n?w technologies ?nd the imposition of m?re stringent regulations ?hould improve customers' responses.

Types of home-based internet marketing businesses

There are ??v?r?l types ?f home-based internet marketing businesses that ?r? considered effective f?r thi? model. These include

Online commerce

Online commerce, also known ?s e-commerce, involves th? sale ?nd distribution ?f goods t? consumers through the Internet. There ?re tw? ways to d? this: (1) by setting u? ?our ?wn website and using th?t as ?n online shop where customers can browse, order ?nd purchase ?nd (2) setting u? ?n account with an auction site ?nd selling th? goods fr?m there. Either way, th?re would hav? b??n ?n exchange ?f goods and services for a specific or agreed-upon price. Online commerce allow? entrepreneurs plenty ?f freedom t? sell what they w?nt ?t a competitive price. It ?l?? affords them th? luxury ?f time ?ince order taking and purchasing can b? automated and easier t? manage.

So wh??h products sell ?n today's electronic marketplace? Just ?b?ut ?n?thing that s?me?n? want? to buy. It's trul? u? to th? seller wh?ch goods t? focus ?n ?n order to achieve hi? sales ?nd profit goals.

Service-based commerce

Other th?n goods, online service-based commodities enjoy brisk business ?? home-based internet marketing businesses. Services traditionally ?va?lable onl? offline can n?w be offered as part ?f ?n internet marketing business. Booking services f?r airlines ?nd cruises, party needs, life coaching, photography services, web design, etc. ar? ?ust a f?w ?f th? home-based businesses that have b??ome part of internet marketing.

MLM or Multi-Level Marketing

Multi-level marketing ?s ?n? of th? oldest business models ?t?ll ?n existence today. Also known as network marketing, MLM h?? transitioned fr?m a person-to-person ?nd door-to-door approach model t? the internet-based business that it ?s today and w?th great success. Most network marketers prefer to run th??r MLM businesses actively thr?ugh internet marketing bec?u?e the medium i? a lot faster, cheaper ?nd m?re convenient. Searching f?r ?nd communicating to prospects, f?r example, ??n be completed with?n ? 24- to 48-hour period. Traditional ways of d??ng marketing, on th? ?ther hand, require mu?h m?r? time ?nd effort.

Publishing ?nd advertising

Another v?ry lucrative method ?f running ?n internet marketing business ?? b? setting u? ? website and selling advertising space. Many personal (and ev?n business) websites ?nd blogs use thi? method to monetize their sites. In fact, ?t i? considered ?? ?n? of the top 5 ways to earn an income fr?m ? website. As a home-based internet marketer, however, becom?ng a publisher does carry w?th it c?rta?n requirements. A site, f?r example, h?? t? hav? a large number ?f f?ll?w?ng ?n order t? b???m? attractive to advertisers and sponsors. However, a website with sufficient traffic should b? ?bl? to d? well with this pay-for-performance model.

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House committee blows giant loophole through campaign finance ...

House committee blows giant loophole through campaign finance reform billCreative Commons photo by BORMAN818

A state bill, once ostensibly aimed at adding more transparency to campaign finance rules and political action committees, now has language in it that could allow limitless amounts of money to be pumped into statewide and local elections.

On Tuesday, The Chicago Reporter reported that SB3722 was headed to a House committee where lawmakers were planning to tweak its confusing language and, perhaps, add some other changes.

They acted heavily on the latter item.

Basically, before Wednesday, the bill would have required that your identity be disclosed if, say, as a union-member, you were contributing to a PAC through your union, and your individual contribution exceeded more than $500 per reporting quarter.

Sounds quasi-reformist, right?

Well, campaign finance reform activists are now accusing lawmakers of inserting a giant loophole in the legislation. A House amendment that passed Wednesday inserts language in the bill that would completely do away with caps on campaign contributions once certain thresholds are hit.

So, for statewide races, if a PAC spends $250,000 on a candidate, or his or her campaign, there are no longer any caps on contributions from anyone, for anyone in that race. The threshold is $100,000 for local races.

The amendment is a sucker-punch to campaign finance reform activists. Some are shocked that such a glaring loophole would appear in a bill that was originally touted as a reform measure.

Rey L?pez-Calder?n, executive director of the Chicago-based political reform group Common Cause, called the current bill "disgusting".

"It's an evisceration of the original bill," L?pez-Calder?n said.

"This allows rich people and billionaires to game the system. There are so many ways you can get around it [campaign spending laws] now," he added. "We're trying to take the money out of politics."

Here's a very basic, hypothetical situation people like L?pez-Calder?n worry about. A PAC could be set up by a wealthy guy to benefit his gubernatorial-candidate brother, and once that PAC spends $250,000 to benefit that candidate's campaign, it opens up the floodgates.

Millions could be spent on that candidate, which is problematic, if for no other reason than the candidate with the wealthy brother might be up against a candidate who doesn't have nearly that kind of fundraising prowess.

Not according to 25th District state Rep. Barbara Flynn-Currie, who said the bill "will level the playing field".

It's not exactly clear how removing limits on campaign contributions for candidates who don't raise a lot of money in the first place somehow "level[s] the playing field",? if it allows their opponents to raise limitless amounts of money.

The assistant majority leader, a South Side Democrat, is the bill's House sponsor and is largely responsible for advancing the bill in its current form.

Flynn-Currie said the amendment is also an attempt to bring state law into line with the U.S. Supreme Court's Citizens United ruling. That decision removed limits on campaign contributions from corporations, unions and PACs, at the federal level, so long as there is no coordination with the candidate.

But David Morrison, deputy director of the Illinois Campaign for Political Reform, said PACs and campaigns, at all levels, are often connected at the hip.

He told the House committee that passed the amendment the following, in a prepared statement, yesterday:

"Candidates have appeared at fundraising events for 'their' independent expenditure committees. Groups that claim to be independent of candidates have shared media consultants with those same candidates. Donors have earmarked contributions to committees that swear they are independent of candidates, to be spent on behalf of those exact same candidates. The notion that there is no risk of corruption from these committees' activities...defies logic."

L?pez-Calder?n called Flynn-Currie's push to conform the legislation to the Citizens United ruling a "knee-jerk reaction" to federal and state court rulings that have been "whittling away at campaign finance reform laws".

This year, the Illinois Supreme Court also ruled that state lawmakers cannot limit how much PACs can collect, cumulatively.

If it becomes law, SB3722 would, in effect, do away with current limits on single contributions to PACs, which are capped at $10,000 for individuals, $20,000 for companies, and $50,000 for other PACs.

The bill would also still require that donors giving through conduits be identified to the Illinois State Board of Elections, if they give more than $500 per quarter.

? Community Renewal Society 2012

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Facebook investors left guessing after Nasdaq glitch

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Video: Romney releases first general election ad

76ers rally to stun Celtics, even series

??Andre Iguodala snapped a tie game with five straight points in the final 90 seconds to help the Philadelphia 76ers storm back from 15 points down and stun the Boston Celtics 92-83 on Friday night in Game 4 of the Eastern Conference semifinals.

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Unraveling NYC Real Estate Spin, One White Lie At A Time ...

Here at BrickUnderground, we have?lots of first-person columns?to peruse,?from?Farm to City--chronicling a rental rookie's adventures in NYC real estate--to?My Big Fat Board Interview--where New Yorkers relate what?really?happens in a co-op board interview--to?Transitions, first-hand accounts of cross-neighborhood moves.

For this week's SurvivalList--a thematic curation of some of our favorite posts--we draw your attention to our only slightly tongue-in-cheek?NYC Real(i)ty Speak?series dedicated to separating real estate spin from reality.

There are posts on decoding neighbor "niceties" in the?laundry room?("Wow, that is a lot of laundry!" actually means?"Which one of your kids has lice this time?")??and in the elevator ("Look at her - growing up so fast!"? = "I think it is disgusting that a 6-year-old has her own iPhone.").

There's also brokerspeak for?sellers??("Are there any personal items that you want to remove before we start doing open houses?" =?"No one wants to see the framed pictures of your three children exiting your?ungroomed?va-jay-jay, even if this is Park Slope.")...

...for?buyers?("They had three children who all graduated from Horace Mann" = "With the right parenting, the drug deals going on in the park across the street will not have an adverse effect on your children.")...

...and?open-house attendees?("The Second Avenue subway will really bring up this apartment's value!" ?roughly translates as "I am a sucker for getting in to a bidding war for this place in 2006, I'll go crazy if I see another rat, and the soot is starting to cloud my brain. Please buy it and put me out of my misery.)

Renovators, meanwhile, may enjoy these examples of?how to deconstruct a decorator's pronouncements?(e.g. "six weeks to move-in" means "six months to move-in)?and?understand a contractor?("There was an unexpected condition" = "My original estimate was off by 30%."). ?

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Stocks fall amid discouraging economic reports

The Dow fell 156 points to close at 12442 ? the index's 11th loss in 12 days ? after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.

By Pallavi Gogoi,?AP Business writer / May 17, 2012

Actor Sean Connery, center, and Prof. Louise Richardson, Principal of the University of St Andrews, Scotland, are escorted by NYSE Executive Vice President Scott Cutler during their visit to the floor of the New York Stock Exchange, before ringing the opening bell, May 17, 2012. The Dow lost 156 points Thursday in its 11th day of losses in 12 days.

Richard Drew/AP/File

Enlarge

The Dow Jones industrial average posted its 11th loss in 12 days after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.

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The Dow lost 156.06 points to close at 12,442.49 on Thursday. It's now down 6 percent for the month so far and could be headed for its first losing month since September. The two-week slump represents a sharp turn downward since May 1, when the index closed at a four-year high.

The slide, which is largely due to escalating worries about a breakup of the European currency union, has stripped the Dow of much of this year's gains. As of the beginning of May it was up 8.7 percent for the year; now it's up just 1.8 percent.

"Europe is very much on investors' minds," said Brian Gendreau, market strategist at broker-dealer Cetera Financial Group. "It's been two years with multiple bailouts involving Ireland, Portugal and Greece and things don't seem to be getting better."

The dollar, Treasury prices and gold all rose as traders sought refuge in lower-risk assets. The yield on the 10-year Treasury note plunged to 1.70 percent, the lowest level of the year.

Caterpillar fell 4 percent, the most of the 30 stocks in the Dow, after reporting that global sales growth of construction and mining machinery slowed between February and April. Wal-Mart stock rose over 4 percent, the most in the Dow, after reporting a 10 percent jump in first-quarter income, beating Wall Street expectations.

Indexes opened lower on Wall Street following drops in European markets. The declines accelerated at mid-morning after the Federal Reserve Bank of Philadelphia said manufacturing slowed in the mid-Atlantic region for the first time in eight months. The report was far worse than analysts had been expecting.

In other trading, the Standard & Poor's 500 index fell 19.94 points to 1,304.86, its lowest close since Jan. 17. The Nasdaq composite fell 60.35 points to 2,813.69.

The Conference Board said its measure of future U.S. economic growth fell in April after six months of increases. The drop came from fewer requests for building permits and a spike in applications for unemployment benefits.

These gloomy reports were a surprise and exacerbated investors' fears of turmoil in the global markets from developments in Europe where Greece seemed headed for an exit from the euro bloc.

Greece's caretaker Cabinet was sworn in Thursday and will hold power at least until next month's election. In the recently-held elections Greeks didn't given any party a majority, but they did give strong support to politicians who rejected the tough austerity measures that came with the country's financial bailout.

Without that rescue package, Greece will likely default and be forced to leave the 17-country euro zone, which would destabilize other countries that use the euro. German, French and Spanish stock markets all fell more than 1 percent.

The economic damage is already being felt by other members of the euro bloc.

Spain was forced to pay sharply higher interest rates to raise $3.18 billion in a debt auction Thursday. And shares of Bankia, which Spain nationalized last week, plunged 20 percent on a report from the newspaper El Mundo stating that depositors have withdrawn over $1 billion since last Wednesday.

Oil prices continued to trade lower, falling below $93 a barrel, extending a two-week sell-off, as traders worried about the potential impact on global growth from the European crisis. Crude oil has plummeted about 12 percent from $106 two weeks ago.

Energy companies fell. Chesapeake Energy declined over 3 percent, while WPX Energy fell over 4 percent.

The one bright spot for the markets was the excitement surrounding the initial public offering of Facebook. The uber-popular social media company set the price of its shares at $38 apiece late Thursday. The stock is expected to start trading at 11 am Friday. Facebook is set to raise $18.4 billion, becoming the second largest IPO ever after Visa.

Among other stocks making big moves:

? Media General soared 33 percent after billionaire Warren Buffett's company Berkshire Hathaway agreed to buy 63 newspapers from the company for $142 million.

? GameStop fell 11 percent after the world's largest video game retailer reported its first-quarter profit fell 9.8 percent, as fewer customers visited its stores and bought new games and systems.

? Sears Holdings rose 3 percent after the beleaguered retailer turned a profit in the first quarter, benefiting from a gain on the sale of some stores.

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