(CBS) The revolution in Egypt was historic not only for toppling President Hosni Mubarak after 30 years, but for revealing the awesome power social media had amassed - enough to be the instrument that inspired hundreds of thousands of people already staunchly opposed to the regime to rise up and act as one.
Now the questions are already being asked - can social media's power be used that way again and if so, where and when?
The protesters In Egypt were mobilized largely via the use of Facebook and Twitter, over 18 long days.
Special Section: Historic Change in Egypt
The revolt there is already being dubbed the Social Media Revolution.
It started Jan. 25, with a call-to-action -- from a Facebook page dedicated to Khalid Said, an Egyptian businessman who was beaten to death by police last summer after threatening to expose police corruption.
Millions of Egyptian youth are big users of Facebook, and saw the page.
Over time, a few prominent faces emerged from the masses. One, Google executive Wael Ghonim, identified by Mubarak's government as the creator of that first Facebook page, was detained.
But the movement had already gained momentum.
Facebook and Twitter, said one protester, "It's a very good way for communication. It has no power or control from anyone."
NEW YORK — The company that runs the Nasdaq stock market said Saturday that hackers had penetrated a service that handles confidential communications between public companies and their boards.
The service run by Nasdaq OMX Group Inc. carries strategic information for about 300 companies. The company said it appears no customer data was compromised.
Nasdaq OMX said the hacking attempts did not affect its trading systems. Nasdaq is the largest electronic securities trading market in the U.S. with more than 2,800 listed companies.
The targeted application, Directors Desk, is designed to make it easier for companies to share documents with directors between scheduled board meetings. It also allows online discussions and Web conferencing within a board.
Since board directors have access to information at the highest level of a company, penetrating the service could be of great value for insider trading. The application's Web page says "Directors Desk provides multiple layers of security to protect our clients' most vital corporate records."
No comments:
Post a Comment