Social media and earnings - Companies allowed to tweet US earnings

Companies can now tweet their earnings in 140 characters or less.

The Securities and Exchange Commission gave its permission for companies to use social media websites, such as Twitter and Facebook, to distribute their news, provided shareholders are told in advance which sites they plan to use.

The decision could prompt a sea change in how companies communicate with investors and comes as regulators more broadly grapple with adapting decades-old regulations to new and evolving technologies ... READ MORE

Released by the Financial Times - 2 April 2013