Sun's CEO Asks SEC to Ease Disclosure Rule for Blogs

Sun Microsystems Inc. Chief Executive Jonathan Schwartz has asked U.S. regulators to relax corporate disclosure rules so he can announce company news on his personal blog. "If we have material news to disclose, we have to hold an anachronistic telephone conference call or issue an equivalently anachronistic press release," Schwartz wrote in his online diary.

  • Read the article: Los Angeles Times