Microsoft All A-Twitter

By Scott Reeves Mar 24, 2009 11:00 am

Brief scrutiny of today's headlines.



Twitter has signed an online advertising deal with Microsoft (MSFT), taking a major step in backing the increasingly popular service with a sound business model.

Microsoft will sponsor “ExecTweets,” a collection of posts -- “tweets” to users of the service -- written by corporate top dogs. Users can browse by industry.

A recent post reads, “Sweden says no to saving Saab. We should learn from their example. Bankruptcy is a viable tool for GM and Chrysler.”

Too bad Congress isn’t plugged into Twitter, eh?

The micro-blogging application "provides a a blow-by-blow account of each person’s life through a stream of real-time short messages... Each message is a quick answer to the question “What are you doing?” It's estimated that its users number anywhere from 1 million to 3 million.

Online advertising firm Federated Media operates ExecTweets. Federated Media says it “is helping to define this innovative form of online marketing: a 3-way dialog among creators, audiences and marketers.”

The deal is a major step in turning a toy into a profitable business. If successful, Twitter could change the way headlines are delivered to users while creating instant discussion groups to amplify the news through a multiplicity of voices and viewpoints.

It’s not hard to imagine ads tailored to interest groups - in short “narrow-casting” that “old media" like newspapers, magazines, radio and TV, can’t match. Twitter also may fulfill the potential to create communities of shared interest once hoped for on Craigslist.

The shocker: All it takes is money.
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