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Phatic Power

Post Date: Aug 18, 2008 9:49 a.m.
Ranked website: blogschmog.net (Ranks #154064 of 3,783,534)

For full text please visit source:
http://www.blogschmog.net/2008/08/18/phatic-power/


If the first part of Twitter’s summer can be summarized as “scalability,” then the second half is shaping up to be “accounting.” Twitter recently cut SMS service in some countries (not the U.S.) after negotiations stalled with providers there. While the perceived impact was exaggerated , the pushback from that decision sees the move as a sign that the microblogging giant is now counting pennies. Naturally, the focus of criticism once again turns to how and if Twitter can make money to keep the popular service afloat. Ben Kunz wrote about the problems with Twitter business models in today’s BusinessWeek. The problem with the article—which did have an insightful debunking of the presumed potential for all social networks to be fully connected—is that the monetization plans critiqued as solutions assume traditional forms. Banner ads. Subscription services. By the end of the article, Kunz had valued Twitter users at $12.26...

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