Biz Stone, Co-Founder
A roundup of media stories on the news today that Twitter will offer paid premium accounts to businesses.
From SF Business Times
Twitter founder Biz Stone said that the company has hired a product manager to develop accounts for businesses that would have more features but would cost a fee to use, the Wall Street Journal reports.
But Stone didn’t specify when these accounts would be rolled out. San Francisco-based Twitter has been growing rapidly, but the company hasn’t specified how it will make money.
Many people speculated that the company would turn to premium accounts, especially as more and more businesses signed up for the service.
More revenue for Twitter on the way: The company confirms — for the first time we’ve seen, at least — age-old theories that they’ll sell commercial accounts to power users or companies using Twitter.
In exchange for a fee, companies will get “more features” on Twitter, the WSJ reports
. Twitter cofounder Biz Stone tells the WSJ that the company recently hired a product manager to help develop those accounts, but doesn’t specify what the extra features will be or when the accounts will launch.
From Wall Street Journal
Twitter co-founder Biz Stone says the San Francisco start-up is watching the outside initiatives closely as it prepares to launch its own fee-based services this year, but doesn’t view them as competition. “We want to work with those companies that are already making an effort,” he says.
Mr. Stone says Twitter recently hired a product manager to oversee the development of commercial accounts. The accounts would offer users more features in exchange for a fee, but Mr. Stone says Twitter hasn’t set a launch date for them.
Photo Tonie
