Just a year ago, the idea of building a business around people’s status updates — getting them to answer questions like “What are you doing?” and “What’s on your mind?” — was laughable. Now that Twitter’s hit the mainstream, and companies like Glam Media and 12seconds have figured out how to make real money off these updates, other social networks, startups, and even giants like Microsoft (NSDQ: MSFT) are focusing more attention on status updates, with an eye toward generating revenue from the start.
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