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Given these two realities, how can Twitter leverage the fast-growing Twitter ecosystem so it can start generating enough revenue to justify the venture capital it has raised?
To me, the obvious option is Twitter’s API. If hundreds, if not thousands, of companies are using the API to create services that people are using – and advertisers and consumers – may find appealing, why not charge for the API?
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Most newspapers, however, are surviving the downturn and will be serving their communities for many years. They are responding to the poor advertising climate with responsibility and thrift–NOT by giving executive bonuses that should be used for strengthen their businesses.