Blogs, RSS, Wikis, Podcasts Driving Adoption of Web 2.0
Adoption of Web 2.0 tools by US companies continues to grow rapidly as they get more familiar and comfortable with blogs, wikis, RSS feeds, podcasts and social networks. And McKinsey’s second annual survey on the topic finds that companies are using the tools for higher-value purposes.
Some 21 percent of the respondents are very satisfied with the way their companies use Web 2.0 tools, which are changing management practices and even organizational structures.
Other companies report that the barriers to adopting Web 2.0 tools include management’s inability to grasp their potential financial returns, unresponsive corporate cultures, and less-than-enthusiastic leadership.
Satisfied or not, all companies surveyed plan to spend more on Web.2.0 applications.
Economic indicators strongly suggest that the credit crisis will persist through at least mid-2009, reducing the prospects for global economic growth before 2010, according to Oxford Analytica.
After, edging up 2.1 percent in the first quarter, transaction sale prices of commercial property sold by major institutional investors declined 2.7 percent overall in the second quarter of 2008 with prices for office properties declining 5.5 percent, according to an index produced by the MIT Center […]
Fuel consumption of new vehicles could be reduced by 30-50 percent by 2035, according to an analysis by MIT. Total US fuel use for vehicles could be cut to year 2000 levels, with greenhouse gas emissions cut by almost as much, the study finds.
Despite the recent flap questioning the accuracy of LIBOR, no significant changes are planned in the key interest rate benchmark.
Moody’s has issued a new Q&A outlining its views on the prospects for bond insurers. Moody’s said it has received many investor calls about recent rating activity in the financial guaranty industry.
Companies with a board member who has prior LBO experience are much more likely to receive a private equity offer, according to a new working paper.* The paper examines the propensity for U.S. public companies to become targets for private equity-backed, take-private transactions.
Prime credit card chargeoff rates are up 40% in the 12 months through May, and are projected by Fitch Ratings to exceed 7% by year-end.
Expected subprime-related bank losses in the Euro area are estimated to have a negative impact on economic growth of 0.2 to 0.3 percentage points, according to a new background paper from the International Monetary Fund staff. The paper Euro Area Policies: Selected Issues does not […]