Today the NY Times told its readers what they’re supposed to think about Twitter. It’s all about whether the so-called investors have any chance to make any money on their stock. This is the crazy thinking on Wall Street. They have 328 million active monthly users, up 9 million users in the 1st quarter, and they’re considered a flop! That’s what you get when you convert a valuable public resource into another money making opportunity on the Internet for a few!.
In fact, I recently discovered that there are people delivering useful products (books) to people, with the sales generated on Twitter. Maybe Twitter itself isn’t “making money,” but the Big Green Bookshop was cleaning up with sales, generated in one thread on Twitter. The FCC should declare Twitter to be a public utility and don’t dare let it collapse because of what the capitalists think about their own chances of getting rich with it.