At least the group claiming responsibility left an email address. I am guessing that they might have a few email awaiting them this morning, eh?

Twitter is anything but ‘dumb’ and it would seem that the Times are basing the ‘dumber than dumb’ on just how much money they have generated. Which again is very short-sighted in my opinion. Since when has the amount of money something generated been a measure of ‘dumbness’?

Current darling of the faddish world of technology, Twitter is a free social networking service, that allows users to send and read each other’s updates, such as “I’m now in the shower”, “I’m now at my local Barclays bank withdrawing all the money from my account” or “I’m leaving my house for the next ten days”… Making it a must read for burglars. It has about 55 million visits every month, although only 40 per cent of users are retained, and receives an inordinate amount of media attention. But despite this, the company has yet to make a single penny.

Mind you there are some particularly dumb ideas that have made a lot of money. Let us not forget ‘The Million Dollar Home Page’. There’s one dumb-arse idea right there that made; erm, $1 million!

Twitter on the other hand is not a dumb idea. It is a simple and straightforward idea that has yet to decide how to generate revenue. The net is scattered with sites like these that will first establish themselves in the market and then go on to make a revenue. Just look at Facebook. I am sure that when Google first started out there goal was to attract people to use their services and almost to become dependant; before pulling profits in.

I am confident that Twitter will create a revenue stream in the next 12 months and the net is awash with people suggesting how that can happen – but only time will tell.

However with over 11.5 million users Twitter has a user-base upon which a business can be built and made successful.