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Wow. Not controlling your brand in the social media space is just asking for trouble. These brands should seriously rethink this space.

I find this absolutely fascinating. Especially McDonald's - one of the best brands in the world if you ask me. I admire almost everything that they do. I'm very surprised. Thanks for posting, Ian.

Rich and Nick: The only thing I caution against is assuming that none of these brands have active Twitter presence. In fact, I got a Tweet yesterday from @Alicia_at_Honda telling me how hard it is for some of these brands to secure their name before a squatter gets there.

Hmm tried to post comment yesterday and wasn't sure if it came through..

It's looks like some brands are having some luck: http://twitter.com/palm/status/1885166129

I remember not too long ago it wasn't that hard to get Twitter to help with squatters. I'm sure the requests became too much to handle but if they don't want people selling profiles why not hire someone full-time to just handle these? They hired someone to take care of celebs...I guess brands aren't as important?

I also don't believe that CNN did not pay the owner of @CNNbreak as part of their agreement to take it over. Their workaround was saying they brought him in for "consulting".

I thought the "consulting" statement was a bit odd myself. But I get why they have to say that. It's an interesting situation, and one that I think will play itself out over and over again.

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