Thursday, February 12, 2009

Twitter's Secret

The Christian Science Monitor looks at the rapid growth of micro-blogging service Twitter (CSM):
The service has attracted 4 million to 5 million users, 70 percent of whom joined in 2008, calculates a recent report from HubSpot.com, which analyzes business activity on the Web. An estimated 5,000 to 10,000 new Twitter accounts are opened each day, and traffic to the site grew by more than 600 percent in the most recent 12-month period HubSpot measured.

Last month, Twitter passed Digg.com, a successful, established news aggregation website, in market share of visitors, says Heather Dougherty, research director for Hitwise, an Internet measurement and analysis firm. And Twitter is “probably much bigger” than the Hitwise statistics show, she says, because much of Twitter’s traffic flows through mobile devices or other third-party software that isn’t being captured in Hitwise’s data.
Schumpeter's Century has a page on Twitter you can follow here.

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