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...public outrage over Facebook.com’s storage of user information on its server, Facebook has recently encouraged its users to vote on possible changes to the Web site’s terms of service. In a post on the company’s blog on Thursday, Facebook CEO and founder Mark E. Zuckerberg ’06-’07 explained that if more than 30 percent of Facebook’s 200 million active users voted on the proposals, all of Facebook’s future amendments would go through the same voting process. Users have...

Author: By Eric W. Baum, CONTRIBUTING WRITER | Title: Facebook Allows Policy Input | 4/19/2009 | See Source »

...global, so embedded in every aspect of modern life that it needs to be managed by the popularly elected governmental body meant to represent us all: Congress. "This is an enormous shift, and we need to get together as a nation to deal with it," says Maggie Fox, CEO of the Alliance for Climate Protection. "That's what a democracy is about...

Author: /time Magazine | Title: EPA's CO2 Finding: Putting a Gun to Congress's Head | 4/18/2009 | See Source »

Domino's spokesman Tim McIntyre says the company had been discussing starting such a blog, even before this crisis hit, and is still debating how to approach it. "Who blogs?" asks McIntyre. "Is it our CEO, or our chief marketing officer? Do we take a team approach, or do we have one person who is the voice of Domino's?" However the company decides to proceed, now is the time...

Author: /time Magazine | Title: Domino's YouTube Crisis: 5 Ways to Fight Back | 4/18/2009 | See Source »

...Take a Commercial Break. Domino's is between ad campaigns. The recent commercials featuring CEO David Brandon in Washington promising customers a "bailout" via $5 Domino's pizza have stopped airing, and the company plans to unveil new commercials within the next week. Put them on hold, says Subler, the brand expert. "There's no need for mixed messages right now," she says. Her logic: Let things cool down for a few weeks. Introducing TV commercials for a new product may only serve to recall the incident. And people may wonder why the company isn't addressing the negative news...

Author: /time Magazine | Title: Domino's YouTube Crisis: 5 Ways to Fight Back | 4/18/2009 | See Source »

...While mortgage losses show faint signs of moderating, banks still have a lot of credit-card ugliness to work through. At JPMorgan Chase, card services was by far the worst-performing division, with a loss of $547 million. When Whitney asked CEO Jamie Dimon if the business would return to profitability this year, his answer was a succinct "No." At Citi, "credit-card losses seem to be breaking their historical correlation with unemployment," CFO Kelly said. That is, credit-card losses normally rise with the unemployment rate. Now they're rising faster...

Author: /time Magazine | Title: Citigroup's Surprising Profit: Is It for Real? | 4/17/2009 | See Source »

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