Slashdot Mirror
Twitter To Add Money-Making Features
dreemteem writes "Twitter co-founder Biz Stone told reporters in Mexico City this week that the company expects to add revenue-generating features to the micro-blogging site in the fourth quarter, according to a report from Bloomberg.com."
140 cents should be enough for everybody.
they will become an irrelevent has-been 2 weeks later.
That's the downside?
Those who believe the Internet is private,
find their privates are on the Internet.
Allow people to pay money to deliver electrical shocks to celebrities every time they "tweet" something stupid. They could make millions in a matter of minutes.
"Brought to you by Carl's Jr."
-Oz
Damn inflation, I remember when you used to be able to give an opinion for 2 cents!
...produces a product which does appeal greatly to hipsters.
Estrogen pills?
Damn inflation, I remember when you used to be able to give an opinion for 2 cents!
I take it you've never studied economics. Instead of boring you with lots of technical terminology and theory, I'll restrict my comments to real world transactions and use commonly understood terms.
In the marketplace of ideas, opinions typically come in two forms. The first is worth 5 cents (as in "Not worth a plug nickel"), and the latter is a premium product valued at 10 cents ("I wish I had a dime for every time ..."). And like in all markets, there are "wholesale" prices and "retail" prices. Those numbers represent the retail prices.
When exchanging goods or services, there is an underlying cost for each transaction that must be bourne by one or more of the participants. The difference between 10 cents and your two cent idea is, of course eight cents. This is the "markup" or "overhead".
Put simply, when you manufacture your idea, its wholesale price is two cents, but is sold in the marketplace at either 5 or 10 cents. Small amounts, to be sure, but that doesn't prevent entrepreneurial resellers from making much more, or for those with sufficient legal resources, from securing a patent and making millions!
My idea (for this post) was similarly worth two cents. That's not to say, however, that in the marketplace of ideas known as Slashdot, the laws of supply and demand don't apply. That means that there's high probability it will end up being worth zero cents. Or to use the English formative of Latin origin, nonsense.
Twitter to add money-making features? Twitter is a marketing tool which happens to be abused by teenagers who want the world to know when they're taking a dump and what kind of stool samples they've produced. It's an RSS on steroids. This story is basically saying Steinway & Sons to Add Music Making Features