Largely, in my opinion, because of SEC disclosure laws regarding the release of material information via press release and wire service.

FORBES: When Socializing Is Not Enough

But will Twitter completely displace the paid wire release or direct-to-journalist email distribution route?

FORBES: Can Twitter Displace the News Release?

Recovery issued a press release over the Business Wire on Apr. 19, claiming CBS was making an equity investment, without disclosing the terms.

FORBES: Hitting bottom