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Filed under: News, Web services, Microblogging

Twitter tweaks terms of service, may be paving the way for ads

The Twitter team just announced changes to the site's Terms of Service with a mass email and a blog post. The thrust of the post, written by Twitter's Biz Stone, is that not much has changed.

The change deal with spam, use of Twitter's APIs, ownership of tweets, and the possibility of Twitter advertising, and Biz's description of them is peppered with phrases like, "as we've said before" and "according to the rules we've been operating under for some time."

Although not much has changed, Twitter may be using the announcement to start getting users accustomed to potential advertising on the site. The new terms have this to say about ads:
The Services may include advertisements, which may be targeted to the Content or information on the Services, queries made through the Services, or other information. The types and extent of advertising by Twitter on the Services are subject to change.

Biz says this is about keeping options open, but being up front with users that ads are one of those options could hold off a firestorm if they start showing up later. You still own your own tweets, and Twitter can still broadcast them through all of its services (including APIs).

The entire document's a lot more clear and unambiguous, even in the areas where the basic effect of the terms hasn't changed. Basically, Twitter is growing up, and it needed a more grown up TOS document.

Filed under: Business, Design, Developer

Twitter out hunting for VC

twitter looking for vc fundingCould we soon see some crazy new developments from Twitter? Maybe not, but we might see some increased usage.

Twitter's cofounder Biz Stone recently said that Twitter is on the road to raising its first round of venture capital funding. Big news from a company who's traffic rate has leveled off, and is not yet profitable. Twitter has attracted about 226,000 unique visitors in May, compare that to 94,000 in April, but down from 397,000 in February. Still not bad for a company that only launched last winter. Twitter is extremely focused on growing their network of users before making money, and they really don't have an evident business model as of yet.

As Stefanie Olsen mentioned, could Twitter be snapped up by Google before funding goes through, as Blogger was?

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