“Either Mr Lynch has a very poor memory or he’s lying,” Oracle said in a statement. “‘Some bank’ did not just happen to come to Oracle with Autonomy ‘on a list.’ The truth is that Mr Lynch came to Oracle, along with his investment banker, Frank Quattrone, and met with Oracle’s head of M&A, Douglas Kehring and Oracle President Mark Hurd at 11am on April 1, 2011.”
“We have put Mike Lynch’s PowerPoint slide sales-pitch up on the Oracle website with the hope Mike Lynch will recognize his slides, his memory will be restored, and he will recall what he and Frank Quattrone discussed during their visit to Oracle last April,” the statement read. “Yesterday, the Autonomy CEO did not remember having any meeting with Oracle. Today, he remembers the April meeting and inaccurately describes how it came about and what was discussed. Tomorrow, he will need to explain his slides.”
If you, or your company, still think of social media as optional, or just “not for our customers,” you should read this new Nielsen survey. It found:
Nearly 80% of online Americans are now using social media (blogs, Twitter, and social networking sites)
Over 140 million Americans visit Facebook every month
Boomers are driving the growth of social networking on mobile devices
Given this tremendously wide adoption, all organizations, large or small, need to make social media an essential part of their marketing and communications plan. But the question is, how?