Twitter wants to make money when it grows up
No longer the fun-loving "Toys 'R' Us" kid, Twitter is all grown up now and it wants to make money. The social network released a statement on Wednesday outlining its strategy on the Internet, stating that it wants to bring in revenue, and lots of it, though it did not give any specifics on that plan. The confusing statement was met with some mockery on the social network itself.
In its statement, Twitter outlined its strategy as:
One response to the statement on Twitter from user @dkberman calls out the strategy as wordy:
Twitter's new mission statement: 35 words, 62 syllables, 4 clauses, 2 grammatical errors. pic.twitter.com/QhUgqE3zZ2Twitter's new mission statement: 35 words, 62 syllables, 4 clauses, 2 grammatical errors. pic.twitter.com/QhUgqE3zZ2— Dennis K. Berman (@dkberman) November 12, 2014November 12, 2014
For its part, Twitter is saying that this is its strategy and not its mission. Twitter's mission is:
As part of its plan to improve, Twitter will bring more functionality to private messaging, release more standalone apps like Vine, and introduce Instant Timeline that will make it easy for new users to get updates without having to first follow other users.
Source: Business Insider; WSJ
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