Status Updating allows for press release types of news pieces to circulate among “friends”. This is a huge timesaver in that you can post once and it will go out to as many people as you are networked to and to as many people are your contacts are networked to – it is virtually limitless how many people you can reach.
The news feed function allows “friends” to get constant updates to those who are authorized to view them. This could be a blog-like feature for the company to use to talk about what is going on an as-need-to-know basis. It’s less formal than a press release but keeps you in front of people so they don’t forget you.
