• Source: Twitter's Ad Platform Launches Tonight

    Monday, April 12th, 2010

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    Twitter’s long awaited new advertising platform launches tonight, we’ve heard from a source briefed on the project. The model? It’s very much like Tweetup product that launched just last night – think Google Adwords for Twitter searches and hashtags, and advertisers can bid on individual keywords. Update: Multiple reports confirm that Twitter’s ad platform is about to launch — see our full details here.

    Sponsored (or, paid) Twitter messages will appear above normal search results, says our source. And there may be an “Adsense” syndication format as well that third parties like Seesmic, TweetDeck, etc. can tap into for a revenue share.

    We were not briefed on the the new platform but we’ve heard that others were, there may be more details coming out shortly. The product will officially debut at Twitter’s Chirp conference on Wednesday.

    It was about a year ago that we said it was time to start thinking about Twitter as a search engine with search monetization mechanics. That’s the monetization model Twitter is betting on.

    Company: Twitter
    Website: twitter.com
    Launch Date: March 21, 2006
    Funding: $1.16B

    Twitter, founded by Jack Dorsey, Biz Stone, and Evan Williams in March 2006 (launched publicly in July 2006), is a social networking and micro-blogging service that allows users to post updates 140 characters long. Twitter “is a real-time information network that connects [users] to the latest stories, ideas, opinions, and news.” The service can be accessed through a variety of methods, including Twitter’s website; text messaging; instant messaging; and third-party desktop, mobile, and web applications. Twitter is currently available in...

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