An interesting article over at CIO.com - The Virtues of ChitChat. It discusses the use of plogs - an absolutely horrible term - let's use project logs to share project information.
I found interesting - weblogging slowly seems to be entering corporate culture - a year ago very few people had heard of weblogs, far less though about using them within a company.
Curious, I pinged a few of those Fortune 500 friends. To my astonishment, I discovered that while internal IT blogs may not be commonplace, they're not exactly rare. Though utterly unscientific, my informal queries found several major companies allowing blogs to coordinate and annotate project status information. At least one global IT consultancy has a rather witty blogger—I can't find out if it's approved or not—whose work is apparently required reading for his associates. The blog's hotlinks to internal reports, presentations and client reviews are reportedly first-rate

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