Social networking fans ‘lose’ £6.5bn

Via netimperative, social networking apparently costs UK companies more than £6.5 billion (not million):

 

The recent popularity of social networking sites such as Facebook, MySpace and Bebo are costing UK corporations close to £6.5 billion annually in lost productivity, according to a poll.

The study, conducted by Information security consultancy – Global Secure Systems (GSS) and Infosecurity Europe 2008, was carried out amongst 776 office workers.

More: http://www.netimperative.com/news/2008/january/21/social-networking-costing-firms-a36.5bn

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