Twitter Might Introduce Paid Services For Businesses By The End Of The Year

Twitter co-founder Biz Stone spoke to Reuters yesterday via a videolink about how Twitter could make money in the future. In it he points out that many large companies are benefitting from using Twitter so one thin they are considernig is paid services for businesses.

It’s good to know that they are looking at ways to make money without annoying the user. Here’s an excerpt from the Reuters article.

“There are a few reasons why we’re not pursuing advertising — one is it’s just not quite as interesting to us,” Stone told the Reuters Global Technology Summit in New York via videolink from San Francisco.

Stone said serving up ads alongside Twitter messages could also annoy users. And he said Twitter doesn’t have, and isn’t seeking to hire, the staff to create an advertising-based business.

“There are no people at Twitter who know anything about advertising or work in advertising. So we don’t have anyone there to make or take those calls,” said the executive, whose real name is Christopher Isaac Stone. He acquired the Biz title based on a childhood mispronunciation of his name.

I’m curious as to what services they will offer businesses. More statistics, improved interface, consultation?

Click on the link below to read the full article :)

Link : Twitter sees tools, not ads, for revenue

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Kevin MuldoonJames Hakim is a webmaster, blogger and self confessed gadget geek! He owns numerous websites on the net including the popular Twitter Scripts.

Having signed up to Twitter in April 2008, he didn't really become active on it until early 2009. Since then he has been a Twitter fantatic!

To stay up to date with James please follow him @Twiter_Scripts on twitter or visit his company.
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