According to Reuters, Twitter currently has no plans to monetize its traffic with advertisements this year. Biz Stone claimed that Twitter is doing pretty good right now and is currently focused on features and paid commercial accounts for 2009. "Any kind of approach toward advertising is going to be awhile... We're not thinking about that just yet," Stone said at the 140: Twitter Conference in Los Angeles. Biz Stone remained tight-lipped when questioned about Twitter's valuation and venture funding. There isn't any confirmation to Twitter's ambitious $1 billion valuation thus far.
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Taiwan’s EZTABLE Raises $1.5 Million in Series A Round, Heads to Mainland China
Feb 9, 2012
VCotton Wants to Knock Your Socks Off. And Sell You New Ones
Feb 8, 2012
Agate Studio Wants to Make the World Happier With Games
Feb 8, 2012
CyberAgent Ventures Invests in Vietnamese Music Service
Feb 7, 2012
Perx’s ‘Chop Mob’ Helps Coffee Bean Increase 50% in Transaction
Feb 8, 2012