Twitter begin placing advertisements as
July 31st 2011 16:51
Twitter has enjoyed explosive growth since it was founded in 2006 but it is unclear how successful it has been in translating its popularity into profit.
Twitter chief executive Dick Costolo, speaking at the Fortune Brainstorm Tech conference in Aspen, Co. last week declined to reveal whether the privately held company is profitable.
But he said the number of advertisers on the platform is up 600 percent this year over last year, when it numbered in the hundreds.
Twitter begin placing advertisements known as "Promoted Tweets" in the timelines of users who follow a particular brand or company and Promoted Tweets can also be easily dismissed from your timeline with a single click and also will begin testing the new advertising offering with a number of companies including Dell, Gatorade, Groupon, JetBlue, LivingSocial, Microsoft, Red Bull, Starbucks and Virgin America.
Read more at: Really Long Link
Twitter chief executive Dick Costolo, speaking at the Fortune Brainstorm Tech conference in Aspen, Co. last week declined to reveal whether the privately held company is profitable.
But he said the number of advertisers on the platform is up 600 percent this year over last year, when it numbered in the hundreds.
Twitter begin placing advertisements known as "Promoted Tweets" in the timelines of users who follow a particular brand or company and Promoted Tweets can also be easily dismissed from your timeline with a single click and also will begin testing the new advertising offering with a number of companies including Dell, Gatorade, Groupon, JetBlue, LivingSocial, Microsoft, Red Bull, Starbucks and Virgin America.
Read more at: Really Long Link
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