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FORT LEE, N.J., March 1, 2012 /PRNewswire/ -- The National Inflation Association is getting ready to release a brand new report about the enterprise social networking industry on Friday, March 2nd, at 10 A.M. EST. The report will be entitled '2012 Social Network Stocks 2.0 Report' and it will feature almost every major publicly traded social networking company as well as most private enterprise social networking companies with the potential to go public within the next two years.

This will be a sequel to NIA's original critically acclaimed '2012 Social Network Stocks Report' that was released on January 3rd, 2012. In NIA's original report, NIA featured BroadVision Inc. as its #1 favorite publicly traded social networking stock market opportunity of 2012 and the stock has so far gained 257% from its year-end 2011 closing price. With Yammer announcing Wednesday evening that they raised $85 million in private venture capital funding, NIA believes BroadVision Inc. now has substantially greater short and long-term potential. BroadVision will once again be featured as NIA's #1 favorite publicly traded social networking company in NIA's brand new report coming tomorrow. NIA still considers BroadVision to be undiscovered by the investment community.

NIA believes that BroadVision stands to benefit more than any other publicly traded company from Yammer's just announced $85 million in venture capital funding. BroadVision is the only publicly traded company in the world that utilizes a "freemium" enterprise social networking business model just like Yammer. BroadVision allows any employee at any company to sign-up instantly for free at http://clearvale.com to deploy their own enterprise social network through BroadVision's Twitter-like 'Clearvale Express' platform. Just like Yammer, BroadVision makes money when companies outgrow Clearvale Express and they choose to upgrade to BroadVision's fully featured paid Facebook-like platform 'Clearvale Enterprise.'

While Yammer's paid platform is simply their free platform with new features that were added on top of it, BroadVision's paid 'Clearvale Enterprise' platform has been developed by the company from scratch into one of the world's leading top-tier enterprise social platforms with just about every imaginable feature and function that businesses are eager to offer through their enterprise social networks. BroadVision's 'Clearvale Enterprise' has many unique features that no other enterprise social companies offer, such as the ability for businesses to create separate networks for management, employees, partners, customers, etc. and manage these separate networks together as one enterprise social ecosystem. Through BroadVision's 'Clearvale Enterprise' social ecosystems, businesses can create a series of internal and external connected networks with the ability to have them overlap in terms of members and content.

BroadVision's market cap as of Wednesday's market closing price is only $176.54 million and BroadVision has $54.4 million in cash and no debt. This means BroadVision's enterprise value as of Wednesday's market closing price is only $122.14 million, while Yammer is rumored to now have an implied value in between $500 million and $1 billion after their latest round of funding. BroadVision along with Microsoft, Cisco Systems, Adobe, and Juniper are event partners of the Digital London Summit coming up on March 13-14, which NIA will be attending. BroadVision and Yammer will both be making major enterprise social presentations at the summit. NIA will be reporting live from the Digital London Summit to its report recipients about any new major developments regarding Yammer and BroadVision.

Other companies to be featured in NIA's exclusive report being released tomorrow include Jive Software, Telligent, Moxie Software, Lithium Technologies, NewsGator, Facebook, LinkedIn, Zynga, Renren, and others. To be the first to receive NIA's exclusive new report, simply visit the following link on Friday, March 2nd, 2012, at 10 A.M. EST: http://inflation.us/social2012.html

About NIA:

The National Inflation Association is an organization that is dedicated to preparing Americans for hyperinflation. NIA offers free membership at http://www.inflation.us and provides its members with articles about the U.S. economy and inflation, daily news stories and blog updates, and important charts not shown by the mainstream media. NIA is the producer of economic documentaries that have received a combined 17 million views including the critically acclaimed 'Meltup,' 'The Dollar Bubble,' 'End of Liberty,' 'Hyperinflation Nation,' and brand new 'College Conspiracy.' NIA provides unbiased reviews of the major online sellers of gold and silver bullion and also offers profiles of gold, silver, agriculture, oil, and alternative energy companies that could prosper in an inflationary environment. NIA is the creator of 'NIAnswers,' the world's most comprehensive database of questions and answers about inflation, currencies, debt, and precious metals.

Legal Disclaimer:

NIA owns 140,600 shares of BroadVision at the time this press release was distributed. NIA intends to sell its shares and can sell them at any time. NIA reserves the right to accumulate more shares at any time. NIA's co-founders have also been referred business in the past from somebody who has filed as a large BroadVision shareholder. NIA's report is intended for informational purposes only and does not provide investment advice. Neither NIA nor its co-founders are investment advisors or broker/dealers. Past performance is not an indicator of future returns. NIA's stock suggestions are not a solicitation or recommendation to buy or sell any security. Never make investment decisions based on anything NIA says. Do not rely on information from NIA to make investment decisions. Only use the information contained in NIA's report as a starting point for you to conduct your own research and make your own investment decisions. NIA does not guarantee the accuracy of information in its report. Stock market investing is extremely risky. NIA's co-founders may have previously discussed some companies in other media outlets.

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Yammer's $85 Million in Funding to be Featured in New Enterprise Social Report

A popular social networking site aimed at youth breached Canada's privacy law, says Canada's privacy commissioner.

Nexopia.com, based in Edmonton, has more than 1.6 million registered users, half of them from Alberta and British Columbia.

"Our investigation found Nexopia has inappropriate default privacy settings; provided inadequate information about a number of privacy practices; and keeps personal information indefinitely even after people select a 'Delete Account' option," commissioner Jennifer Stoddart said in a statement.

Nexopia advertises itself as "the place to be for teens looking to express themselves to the world." More than one-third of active Nexopia users are between the ages of 13 and 18, Stoddart said.

"The fact that the site is targeted at younger people strongly influenced our approach in this investigation. Given that so many of Nexopia's users are young, extra care is needed to ensure that they understand the site's privacy practices," Stoddart said.

The Office of the Privacy Commissioner received good co-operation from Nexopia throughout the investigation, Stoddart said, but Nexopia only responded satisfactorily to 20 of 24 recommendations.

Nexopia agreed to implement corrective measures for those 20 recommendations and said it will change its default privacy settings by June 30. The four unresolved recommendations target Nexopia's retention of personal information. The website keeps personal information indefinitely.

The investigation was undertaken in response to a complaint filed two years ago by the Public Interest Advocacy Centre (PIAC).

The Ottawa-based consumer advocacy on Thursday applauded the privacy commissioner's recommendations.

"The privacy commissioner's finding tells social networking sites with teen users that these services must create spaces for expression that are privacy-respecting and give real control to teens over their online privacy," said John Lawford, co-counsel for PIAC.

Originally posted here:
Youth social networking site Nexopia breached privacy law: privacy commissioner

Economic output is not the only arena where the United States and China are competing for world dominance. Theyre also dueling to be top dog in social networking. And in this battle China has the numbers, research company eMarketer reports.

China is already the clear leader in the number of social network users and will outdistance the U.S. by more than 2-to-1 in 2014. There were an estimated 256 million social network users in China last year, compared with 147 million in the U.S.; by 2014 that gap will have widened to 414 million Chinese social networkers versus 170 million in the U.S.

But the numbers of users elsewhere prove that social networking is a worldwide phenomenon. EMarketer predicts there will be nearly 1.5 billion users by the end of the year. As of last December, 1.2 billion people around the world used social networking sites at least once per month, by eMarketer's estimate. That represented 23.1 percent growth since 2010. Double-digit growth will continue through 2014, though the rate of change will decrease as the market matures.

[5 Ways You'll Use Facebook in 2012]

According to eMarketer, the region with the most social network users is Asia-Pacific, where 615 million Internet visitors will log on to social sites by the end of this year.

Gross user numbers alone don't tell the whole story. China and the U.S. are the top two countries in terms of overall number of users, but the rankings of key social networking countries change when examined in terms of penetration rates instead of growth rates.

In 2012, the U.S. will have the greatest share of social network users as a percentage of the total population (49.9 percent), followed by Canada (49.3 percent), South Korea (46.6 percent), Australia (44.4 percent) and Russia (41.9 percent). In terms of percentage of Internet users, however, Brazil and Indonesia will come out on top this year, with 87.6 percent and 87.5 percent of the Web users in those two countries, respectively, using social networking sites.

This story was provided by BusinessNewsDaily, a sister site to LiveScience. Reach BusinessNewsDaily senior writer Ned Smith atnsmith@techmedianetwork.com. Follow him on Twitter @nedbsmith.

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China and US Battle for Social Media Dominance

A new social networking website is on the scene.

But this time it's one that has the ability for live video-broadcasting to an audience as big as you want.

It combines the social element of Facebook, broadcast element of YouTube and the live one-to-one contact of Skype, its creators say.

And it will soon test investor appetite for risk-taking by seeking cash from those who want to take part in its sharemarket listing.

Kondoot is the brainchild of two University of Queensland graduates who saw a gap in the social networking market.

Conceived two years ago when co-founders Mark Cracknell and Nathan Hoad were studying information technology, Kondoot is about to go public with more than 80 million shares offered in a bid to raise $10 million.

Mr Cracknell, also the company's executive director, says the website has the potential to surpass Facebook and YouTube in the popularity stakes.

Mr Hoad and Mr Cracknell wanted to create a single platform, instead of having to go to one site for videos, another to chat to friends and another to share content.

The latest feature, which the two say is unique to Kondoot, is the broadcasting system.

Video calls are built into the browser, but users can also conduct large-scale broadcasting, which is where Cracknell says the product offers something new.

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Oz networking sites poised to go public

As online social networking expands into our culture, it often seeps into our day-to-day lives as well. Aside from being discussed in schools and other public places, online social networking is also discussed at Town Council meetings. The second Rockaway Borough Council meeting of February began on Thursday, Feb. 23, with a discussion of online social networking.

Due to a previous incident with a Department of Public Works employee, the Council members discussed introducing social networking policies for town workers. First, the policies would banish town workers from using social networking sites while working. The policies would potentially allow employees to be fired if they use social networking sites to defame the town or other town employees.

In other news, the Council approved the Department of Public Works plans to renovate the salt shed at the public works yard. The renovation will ensure that the salt shed is a more permanent structure and more in compliance with the towns guidelines.

The Morris Hills Regional School District will change its Board of Education elections from April to November. The superintendent decided on the change because the budget is the same. He said there will be no need to vote on the school budget, but people could still vote on the budget if they wanted. Rockaway Borough Board of Education elections will still take place in April.

The Board of Health requested that the property maintenance code be amended to add unoccupied residential properties. This was suggested because of foreclosure or when someone has moved out and no one is living there. They feel the risk of there being a property maintenance code violation is greater if the residence is unoccupied. Currently, residential properties are not included in the property maintenance code.

In various dates in March and April, Camp Sunshine and Camp Snowflake will host raffles and Bingo at the Saints Peter and Paul Carpatho-Russian Orthodox Church on Beach Street. Both organizations hold year-round recreational programs for children and young adults who have multiple disabilities.

On March 10, from 6 to 11 p.m., there will be a 50/50 raffle at Rockaway Lanes for the Denville Blue Angels.

A program about mercury awareness will take place at Morris Knolls High School on Saturday, March 3, from 1:30 to 3:30 p.m. Senator Anthony Bucco will speak during the opening remarks.

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Online social networking could cause Rockaway Borough employees to be terminated