
Recent comments by Twitter co-founder Biz Stone particularly how Twitter is searching for ways to make money from its popularity.
- "Twitter is planning to introduce tools for businesses by year end and may charge fees for such services," co-founder Biz Stone said.
- "We're looking at who's using Twitter and for what"
- "Are there any commercial usages that are making a lot of sense?"
- Stone said "phase one" of that effort was spent collecting intelligence on how people use the service.
- The second phase will see Twitter launching tools and services on top of free micro-blogging, aimed at companies that wish to use Twitter to message customers.
- It will be "simple stuff" such as lightweight analytics, Stone said. He reiterated the company's commitment to keeping the service free for everyone but added:
- "If there is a way we can go above and beyond, and they (companies) can improve bottom line by offering services we can offer for a fee, (we) will do that."
Visitors to Twitter jumped 83 per cent in April from the previous month, to reach 17 million, according to comScore data.