AfterDawn: Tech news

Twitter to sell data to Google, Microsoft?

Written by Andre Yoskowitz (Google+) @ 08 Oct 2009 11:48

Twitter to sell data to Google, Microsoft? The extremely popular micro-blogging service Twitter is in talks with search engine giants Google and Microsoft in an effort to find a way to sell data that can be used in their respective search engines.
The report, posted by the Wall Street Journal, says that both companies would be given a license to the full spectrum of Tweets, which can then be used in their search engines algorithms.

The financials details are still being worked on, but would either be revenue-sharing models or an upfront payment to Twitter.

Twitter currently makes no money and has no revenue model, but has been financed by venture capitalists who, even recently, valued the company at over $1 billion USD.

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