published in October shows that nearly 20%
of internet users Tweet. Microsoft
and Google both signed deals with Twitter for search in October
that will allow both search engines to index content from Twitter.
Yahoo later paired
with OneRiot to allow real-time searching of tweets.
September, Twitter closed a new round of funding that is said to have
$100 million, valuing the company at $1 billion. The funding
counted investments from mutual fund T. Rowe Price spawning rumors
that Twitter may be looking for an IPO. Reuters reports that
Twitter is looking to make acquisitions in 2010, though Twitter
executives say nothing specific is on the horizon at this
Twitter co-founder Biz Stone said, "That
[acquisitions] is something we are definitely interested in. We made
an acquisition last year that turned out to be an outstandingly good
decision." He continued saying, "As our attention is
grabbed by some of these developers, we will take a hard look at
Stone also says that there is no
specific time frame on when Twitter needs to break even. "There
are no dates when we need to break even. We have plenty of money in
the bank," said Stone.
Twitter has plans to make money
in 2010 with a move to advertising in what Stone calls "a
non-traditional" way. No details were offered on the advertising
method. Twitter has maintained that advertisements will not be
bothersome to the users of the service, which has so far not used
advertisements. Twitter also has plans for more language versions
with French, German, Italian, and Spanish versions coming.
quote: that nearly 20% of internet users Tweet