Twitter’s data mining initiative has similarities with LinkedIn’s Recruiter program, which charges businesses as much as $8,000 per log-in to access the site’s full database of 238 million resumes. While LinkedIn manages Recruiter internally and generates massive revenue from it, Twitter has chosen a more hands-off approach that provides a small but straightforward revenue stream while leaving the major infrastructure costs to third parties.
Read more at TIME.
Wednesday, October 9
Internet ad revenues hit historic high
Internet ad revenues surged to a landmark $20.1 billion, according to a just-released IAB Internet Advertising Revenue Report prepared by the New Media Group of PwC US. This is an 18% increase over last year’s first-half ad revenues of $17 billion.
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