Social Media Mimics Mainstream Media

Last night, Ashkan Karbasfrooshan posted an article on HipMojo about the state of blogs, technology blogs in particular. His article describes how rumors among the tech blogs can rapidly snowball and eventually become a pr disaster for smaller companies. Apparently, CNET ran a false story stating that YouTube would be launching an HD service. This story ultimately ended up being incorrect and the Google pr machine was able to quickly resolve the issue. Ashkan suggests that smaller companies would never be able to pull off such a quick response.

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