The Silicon Valley company’s general counsel, Mike Dillon, writes that on Monday Sun:
will release our financial information first to the public via our website, RSS feeds and 8-K filing. Then, about 10 minutes later, we will release the information to the traditional private agencies and their paid subscribers.
This is a step forward in corporate transparency — not a gigantic one but nonetheless important. The company is using technology in a smart way, good for investors and regulators alike.
(Via Dave Winer)