Internet Startups: Beware of Being a Money Transmitter

Regina M. Joseph

Regina M. Joseph

So, you’ve got a great idea. Social media platforms are all about finding new solutions for old inefficiencies. And what’s more efficient than serving as a platform for an account holder to obtain a single cash payment in exchange for virtual currency he/she/it has received through interactions on numerous merchant sites? Or a platform aggregating other monetary remuneration due from a large number of vendors? Aggregation would be relatively easy with the right platform and software. Continue reading

Social Media Policies Revisited: The Facebook “Like” As Protected Activity

Zarou_Mechelle

Mechelle Zarou

The National Labor Relations Board (“NLRB”) continues to expand its reach beyond its traditional role involving unionized workforces. In particular, the NLRB has continued an aggressive campaign begun in 2011 to crackdown on all employer policies governing social media, electronic forums where more and more frequently employees are engaging in informal collective activity regarding their terms and conditions of employment. Continue reading

Businesses Encouraged to Adopt Social Media Policies

Douglas A. Cherry

Douglas A. Cherry

Many business owners, particularly those with a limited marketing budget or no marketing plan, view access to social media as free marketing. What could be better? Ask paid employees to get out the “buzz” as an assignment. But every business should know that free marketing may give rise to potential pitfalls that are detrimental to not only immediate sales, but also long-term growth and security of your company’s brand. Continue reading