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Tuesday, 22nd September 2009

Twitter's Stone Says No Ads in 2009

From the Article:

Twitter has no plans to put advertisements on the popular microblogging site this year, co-founder Biz Stone said on Tuesday, amid a growing push for the 2-year-old Internet sensation to begin making money.

Stone, who said Twitter was "pretty good right now" with regards to funding, stressed the company's immediate focus was on building out features ranging from an improved search functions to paid-for commercial accounts.

[Snip]

Still in its infancy, the fledgling company has rapidly become a cultural phenomenon, but Twitter and other social networking Web sites have yet to show investors how they will start earning a profit.

To that end, Stone said Twitter aims to offer premium features for commercial account users this year.

[Snip]

Those features, which could debut in test form, are envisioned as for-pay features and potentially could include "light analytics" tools that allow commercial users to gather data on their followers, he said.

Source: Reuters


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