Shelly Palmer Radio Report – May 24, 2011

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The National Highway Traffic Safety Administration is working on putting data recorders in all vehicles. The same device often referred to as the “black box” monitors vehicle inputs and failures in aircraft. Automakers are working on finding the right balance between too much information being recorded and the need for determining the cause of a crash. In other news, Sony reports that the damage it sustained during the earthquake in Japan caused a record annual loss of $3.2 billion. This is Sony’s biggest deficit in 16 years and doesn’t include the losses taken from its recent hacking debacle. Sony isn’t the only Japanese company to suffer substantial losses from the disaster. And finally, if you’re under 13, you’re not legally allowed on Facebook because the site collects user data. Mark Zuckerberg wants this to change and recently discussed the benefits of children using Facebook for education. Can Facebook be educational?

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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