Twitter Announces "Promoted Tweets"

Twitter has finally announced how it plans to make money: sponsored advertising!!! Twitter’s revenue model will be focused on “promoted tweets,” which will allow a company to pay a fee to have its tweet (a.k.a advertisement) appear at the top of searches. This sounds eerily similar to Google’s Adwords…and that is because it is. According to Laurie Burkitt of Forbes.com, companies such as Best Buy and Starbucks are already chomping at the bit to reach the millions of users on Twitter.