Williams continued to hint mysteriously about Twitter's top-secret, for-Evan's-eyes-only revenue strategy, reassuring us that "We will make money, and I can't say exactly how because... we can't predict how the businesses we're in will work." Alright then.
He rejected the idea of selling ads, saying instead that Twitter will find a way to charge business to talk to customers or sell products via Twitter. According to The New York Times, companies like JetBlue Airways, Dell, and Whole Foods Market have used Twitter in this way before, but Twitter "[hasn't] studied the business cases much. We literally have no
business people in the company, so this isn't an area we're really
focused on," said Williams.
Some other confidence-inspiring quotes from Williams's talk:
"[Twitter's biggest threat] is people who now see the concept... and say, 'Oh, we can do that better.' They could kick our butt."
MySpace has become the first social networking site to deliver video content on its mobile site.
MySpace Mobile, which receives 3 billion page views per month, now lets
users view videos they've uploaded or marked as favorites on the site.
So now you can watch Roommates wherever you are!
Even Google (Nasdaq: GOOG) has begun cutting back on spending, after revenue growth slowed in the past year, eliminating projects that "haven't really caught on" and "aren't really that exciting," CEO Eric Schmidt told The Wall Street Journal. "Letting a thousand flowers bloom and letting many of them stall and go
nowhere has worked well to this point," Thomas Eisenmann, a
professor at Harvard Business School, described the situation poetically.
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