Twitter to offer premium paid accounts to businesses; users list to follow

TwitterWith speculations making rounds of late about the micro-blogging service Twitter's crescendos, the free and popular site intends offering premium paid accounts to businesses with extended services to generate revenue; raising its profile to Twitter newcomers; and a recommended users list to follow.

Talking about the new offerings, San Francisco-based Twitter's co-founder Biz Stone told Reuters: "We think there will be opportunities to provide services to commercial entities that help them get even more value out of Twitter. If these services are valuable to companies, we think they may want to pay for them."

Remarking about the importance of "relevancy" in the world of Web start-ups and venture capitalists, Stone said in a blog post that that most of the time when people sign up for a Twitter account, they do not follow anyone, and thus end up visualizing the service as "not as relevant as it could be."

With its suggested 100 Twitter users to follow list, the micro-blogging site intends boosting its profile with the masses, especially the users new to Twitter. Pushing the move related to a top 100 famous or interesting users to follow appears to be a carefully-planned one as Twitter users at present could probably be one of the only tangible measures of the company's value.

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