Different business models are being contemplated as of now to monetize microblogging.
Bill Gross, a veteran technology entrepreneur is announcing a startup, TweetUp today that is aimed at providing a search engine for tweets that will filter and rank results based on the bids submitted by tweeters to increase the visbility of their tweets.
Looks like a strong step forward in thinking of ways to build relevance around and monetize microblogging.
Twitter has decided to start advertising by introducing the concept of promoted tweets.
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