Last month Twitter CEO Evan Williams made some comments at the Web 2.0 Summit, indicating that the company was strongly considering ditching the "Suggested Users" list. This is a list that co-founder Biz Stone once discussed as being a way to get new users engaged with Twitter. This has historically been an important thing for Twitter to consider, as user retention rates have suffered in the past.
Sorry, Twitter fans (and animal lovers), but you'd better brace yourselves for another round of (hopefully Photoshopped) pics featuring birds in cats' mouths and squashed against glass doors. New stats from Hitwise make it look like Twitter isn't doing so well.
Twitter CEO Evan Willams made some comments at the Web 2.0 Summit in San Francisco that have some Twitter enthusiasts in debate. He reportedly said that he wants to retire the Suggested User List (SUL) as the company prepares to launch its highly anticipated "Lists" feature.
You might say Twitter is "in the money." As WebProNews previously reported, Twitter has been raising funds at a $1 billion valuation. Twitter CEO Evan Williams wrote on the Twitter Blog today:
There's a lot of talk today about our financing. Yesterday we closed a significant round of funding with a group of investment firms that we're excited to publicly thank: Insight Venture Partners, T. Rowe Price, Institutional Venture Partners, Spark Capital, Benchmark Capital, and Morgan Stanley.
Personnel-related "efficiencies" can be good or bad, depending on one's perspective. Companies want to save money, of course, and their shareholders also appreciate savings. But employees like to keep their jobs. So let's take a look at what sort of effect the Microsoft-Yahoo deal may have.
This past Wednesday it was made public that 300+ confidential documents from Twitter had been stolen. While most industry related sites chose not to post these documents, a few did, most notably being TechCrunch.
At the All Things Digital Conference, otherwise known as D7, Twitter Co-founders Evan Williams and Biz Stone talked about possibilities for making money in the future, but once again, did not want to give too many details away.
Williams said the company is working on a form for people to fill out to give them money, so evidently something is in motion. TheStreet.com reports:
Reports suggest that social networking is now more popular than email. Twitter in particular grew 33% in only a month according to Compete data.
Twitter Co-founder Evan Wiliams has been invited to the White House along with 19 other so-called "young business leaders" (including Chris Sacca formerly of Google) where they will discuss the economic crisis.
People always want to know how Twitter will make money, and at the Web 2.0 Summit, CEO Evan Williams hinted at the commercial value of the service. But that doesn't mean advertising exactly. Contentinople quotes Williams: