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Mar 19

Twitter Unveils New Premium Accounts

San Francisco, CA – Twitter co-founder and CEO Evan Williams today announced part of the company’s long-awaited business model: Twitter Premium accounts.

Twitter has experienced phenomenal growth since its inception, but up until now it has remained a mystery what it would do to generate income. Many have speculated that premium accounts would be one way, and now that has been confirmed.

Williams explained, “Celebrities and large corporations have begun flocking to Twitter for their social media needs, and growth has accelerated. Many users have expressed willingness to pay for accounts, and now we give them that opportunity.”

(read the rest at BBSpot)