Twitter in Licensing Talks with Google, Microsoft
Micro-blogging site Twitter is reportedly in licensing talks with both Microsoft and Google.
Ever since Twitter launched, people have been wondering how the company plans to make money. One possibility was that it would launch its own search engine but going up against Google, Microsoft and Yahoo! isn't something a lot of companies are eager to do. So what else can Twitter do to make money? Well, according to All Things Digital, Microsoft and Google are both speaking to Twitter regarding data-mining agreements and there are a several scenarios being discussed when it comes to compensating the site.
"…according to sources familiar with the situation–Twitter is in advanced talks with Microsoft and Google separately about striking data-mining deals, in which the companies would license a full feed from the microblogging service that could then be integrated into the results of their competing search engines. "
AllThingsD's Kara Swisher cites sources close to the situation who say the deal could involve a payment of several million dollars to Twitter or any one of a number of revenue-sharing proposals that would give Twitter a piece of the revenue made from search results. However the most important part of this news is that Kara's sources say Twitter is keeping the deals non-exclusive, meaning Yahoo! (or anyone else with an interest in all that data of who's linking to what) can get in on the action too.
Check out the full story here.
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The Schnoz I think they deserve the Nobel Peace Prize, since you only have to be in talks to earn it nowadays. You don't really have to accomplish anything.Reply -
hellwig doomtombTwitter feeds in our search engine results now? No thanksI'm hoping they mean to roll-out sponsored ads tied to twitter posts. God help us all if googling "The complete works of Plato" leads to "OMG I JST g0t Plato in my hair" by someone too stupid to know its spelled Play-Doh.Reply -
wildwell We are witnessing the evolution of news and information. I wonder how long before we see this in-place.Reply -
JMcEntegart The SchnozI think they deserve the Nobel Peace Prize, since you only have to be in talks to earn it nowadays. You don't really have to accomplish anything.Reply
I was wondering how long it would take before someone brought this up. -
p05esto Who in the hell uses Twitter? I don't know a single person, yet the media is constantlyyyyyyy talking about Twitter. Good god.Reply -
I'll use Facebook and Gmail for my online communication along with Myspace as a LAST resort due to all the garbage that gets posted on that site. Twitter has got to be the most annoying thing ever! Twitter and Bing should go crawl in a hole and die =)Reply