Twitter says it may run ads and the subject is open to change
The use of social networking services
is booming with users of all ages and demographics spending an
increasing amount of time each day on Twitter, Facebook, and MySpace.
Facebook and MySpace, however, have both found themselves in hot
water with users before over changes to privacy policies and
advertising.
Twitter is set to wade into the unclear waters of
advertising on social networks with an expansion
of its terms of service to allow for advertising. The terms of
service were modified on Thursday for Twitter users to specify that
the social network may run ads.
Twitter founder Biz Stone
wrote, "We leave the door open for advertising. We'd like to
keep our options open, as we've said before."
Most
websites sell advertisements to pay for services to be free for users
and when a website is growing as fast as Twitter, more revenue is
always in demand from investors and partners. Twitter's traffic is
reportedly up 15 times compared to last year. The booming success of
Twitter is also making it a target for hackers and nefarious users
looking to attack
the network.
Stone has said in the past that he is wary of
annoying die-hard Twitter users with copious amounts of ads according
to Reuters. Twitter has stressed that the changes to its
advertising model are still in flux, and can change at any
time.
Reuters quotes the changed terms of service
reading, "The services may include advertisements, which may be
targeted to the content or information on the services, queries made
through the services, or other information. The types and extent of
advertising by Twitter on the services are subject to change. In
consideration for Twitter granting you access to and use of the
services, you agree that Twitter and its third-party providers and
partners may place such advertising on the services...."
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