Another day, another rumor about Twitter Monetization

By Kathy Shaidle

As everyone knows, Twitter is one of those giants of the internet that hasn’t quite been able to turn its incredible popularity into a direct money machine for its founders.

Last week, Twitter co-founder Biz Stone hinted that that might soon change. He cryptically talked about revealing details “later this month” and “soon,” adding that there are “other ways to make money besides advertising.”

Stone added that, “When we develop this monetization platform, it’s not going to just be for us. It will actually extend to all of these apps.”

Hopefully, those apps include the likes of Sponsored Tweets, Tweet Adder and other apps we’ve encouraged you to try here at ProTwit. As we’ve mentioned before, Twitter recently added something called @anywhere, a tool designed to work with third party sites as well.

This would be a great time to get on board with Sponsored Tweets, Ad.ly and all the other off-shoots we’ve told you about. If Twitter is serious about integrating them into the monetization of Twitter, you want to be part of it!

Let’s hope that the company’s money making efforts don’t negatively impact your own, that’s all. We’ll have to wait and see.

It’s cool that Twitter seems friendlier to the many clients and apps that have sprung up in its wake than you’d expect from other big companies.

Who knows? Maybe Biz Stone and company mean they’ll just take Twitter public and personally clean up in the stock market – if such a thing is still possible.