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An editorial (written in the Miami Herald, no less) posits that “Twitter poses risks for papers.” A New York Times piece, meanwhile, quotes Twitter co-founders Evan Williams and Biz Stone saying they’re “not ready to unveil a business model.” Perhaps it’s time for Twitter and the newspapers to figure out a viable business model. The Twitterers do need to figure out how to make money sooner rather than later — unless they want to pull a Facebook and start selling off chunks of the company to finance growth.
“None of our top executives are moving to Ireland, but that’s totally irrelevant. If it was a U.S. corporation, how many CEOs live in Delaware?” — An Accenture spokesman, on the company’s plans to relocate its place of incorporation from tax-friendly Bermuda to more tax-friendly Ireland, and thus thwarting the Obama Administration’s plans to snag more revenue from multinational corporations.
- Electrical consumption estimate foresees first year-over-year drop since World War II on the backs of the financial crisis (Paul Kedrosky)
- The secrets behind Google’s AdWords auction algorithm (Wired Magazine)
- Phone luring more customers to AT&T than ever (AppleInsider)