Twitter's Fresh Plans To Increase Revenue

Posted: May 20 2009, 7:00am CDT | by , Updated: Aug 11 2010, 2:28pm CDT, in News | Technology News

Twitter's fresh plans to increase revenue
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Twitter, the latest social-networking big thing has come up with what it thinks is the right solution to increase it's revenue without the need for charging users access fees and avoiding the need for adverts slapped all over the site.

The brains behind Twitter could of walked away with a cool $500 million last year when Facebook offered to buy them out but they said 'no deal' and instead have been gathered around a table coming up with ideas to increase it's user base and increase it's revenue at the same time.So what have they come up with? Well their latest idea involves a range of add-on tools and services aimed at professional and business users. Including a directory of commercial accounts. Also they are looking into the possibility of talking with mobile phone operators to ensure Twitter works on their networks and sharing the generated profits along the way. Here in the UK they already have a partnership with Vodafone offering free messages on your mobile if you are a Vodafone customer.

Read more Reuters

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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