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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: Twitter to try money-making methods AFP - Friday, March 27 SAN FRANCISCO (AFP) - - Micro-blogging sensation Twitter plans to begin dabbling this year with ways to pump cash from the fast-growing free service. ADVERTISEMENT "We have patient investors and time for experimenting with revenue generating ideas and products," Twitter co-founder Biz Stone said late Thursday in response to an AFP inquiry. "That being said, we'll start experimenting this year. We don't have to hit a home run right away but we're looking forward to showing some progress in this area." Stone said in a public radio interview a day earlier that one method could be charging fees for commercial accounts used by businesses to spread messages on Twitter. Twitter in February reportedly raised an additional 35 million dollars in funding from venture capital firms. Stone said in the radio interview that Twitter remains focused on growth. The California-based company claims to have more than six million users and a "phenomenal growth rate" of 900 percent in the past year. Twitter, which allows users to pepper one another with messages of 140 characters or less, has seen a dizzying surge in popularity since it was launched in August 2006 but has been unable so far to generate revenue. "We are now positioned extremely well to support the accelerating growth of our service, further enable the robust ecosystem sprouting up around Twitter, and yes, to begin building revenue-generating products," Stone said in a February blog posting. Stone said in his online message that Twitter's "small team will grow much bigger to meet the challenges and opportunities ahead." Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Internet Portals & Search Engines Google to cut 200 sales, marketing jobsReuters - 1 hour 59 minutes ago Twitter to try money-making methodsAFP - Friday, March 27 'Conduit' videogame plans to change Wii's imageAFP - Friday, March 27 NVIDIA files counter-suit in legal row with IntelAFP - Friday, March 27 Related Articles: Technology Verizon plans to sell netbooks: reportReuters - Saturday, March 28 Twitter to try money-making methodsAFP - Friday, March 27 Nvidia countersues Intel in licensing battleReuters - Friday, March 27 'Conduit' videogame plans to change Wii's imageAFP - Friday, March 27 NVIDIA files counter-suit in legal row with IntelAFP - Friday, March 27 Enlarge Photo A logo on a door at the Twitter headquarters in San Francisco, California. Micro-blogging sensation Twitter plans to begin dabbling this year with ways to pump cash from the fast-growing free service. Related Photos Slideshow Full Photo Coverage: Internet Portals & Search Engines Related Full Coverage Internet Portals & Search Engines Latest development in the online world All Full Coverage Most Popular – Technology Viewed Red meat raises death risk, white meat lowers it Hot tea linked with throat cancer Pope 'publicly distorted' condom science: Lancet Scientists see asteroid hurtle to Earth Goods reappear in Zimbabwe shops View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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