Business Blitz: Twitter Buys Tweetdeck and More

by Extreme John on May 26, 2011  1,990 views

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Good Thursday morning guys! We’re heading in to the end of the week here at Extreme John and that means that it’s time for some business news in the Business Blitz! Today’s business blitz post features a resurrected company, social media tips and more

Hot Business News For May 26th, 2011

First up this morning in business news an article that caught my eye because it’s not often that you see stories of businesses that have bounced back from crisis situations but Entrepreneur recently ran an article on how Tumblr managed to lift themselves out of crisis. Despite losing millions of blogs last year, David Karp the creator of Tumblr kept on trucking and managed to learn from near failure and bring his company back from the brink!

Next this morning Twitter makes Entrepreneur magazine as Starr Hall shares Five Ways to Use Twitter for Marketing That You Might Not Know About. I am ALWAYS looking for new ways to use social networking which is why this article jumped out at me as soon as I saw it. Whether you are a veteran Twitter user or whether you are new to the Twitter scene this article has some really great tips on how to can maximize your traffic and increase your exposure.

Next up on the business scene this morning, Twitter acquires TweetDeck! There are quite a few Twitter applications out there but Tweetdeck is one of the most utilized of all third-party Twitter applications and now it is owned by Twitter themselves. According to Twitter, Tweetdeck will remain a mostly independent service and will remain updated. No price has officially been released for the purchase but according to rumors Twitter paid around the $40 million mark!

Last up this morning Mashable featured an article by Benjamin Lang on “10 Ways for Entrepreneurs to Build Brands Online.” By now you guys know how important I find online promotion to be and there is no easier way to promote yourself than with a well built brand. Don’t think you’re brandable? Check out this article and you could find that you’re wrong!

Parting Shots

Quite a few good articles surfaced this morning for business owners looking for tips on how to improve their business’s presence online but my favorite article this morning was the one on Tumblr!

Your Turn

Which was your favorite article from this morning? Leave a comment and tell me which article and why.

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{ 22 comments… read them below or add one }

Christopher from Technology Blog
Twitter:

I think the news about Twitter becoming a threatening to the justice system sounds pretty interesting! http://www.bbc.co.uk/news/uk-13372452

Christopher – Technology Bloggers Admin Team
Christopher@Technology Blog´s last [type] ..The existence of dark energy is confirmedMy Profile

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Extreme John
Twitter:

I would have to agree Chris, that is very interesting!

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Jackie Sands from Affiliate Marketing
Twitter:

Last Business Blitz was a bit depressing

This one has surely lifted me :)
Success stories and lesson for everyone by Tumblr, never give up keep trying and you will succeed :)

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Extreme John
Twitter:

Not sure if you’ve seen the news today, but based on the weather in the midwest things look scary.

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Jeremy Scott from Intense Business
Twitter:

HAHAHA Stop scaring the poor girl.
lol
Jeremy Scott @Intense Business´s last [type] ..Sarah Atkins replied to the topic Re- Tan Cash Affiliate Program in the forumsMy Profile

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Extreme John
Twitter:

I’m not trying to scare anyone that’s for sure :)

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Jeremy Scott from Intense Business
Twitter:

I know you are not lol
Jeremy Scott @Intense Business´s last [type] ..Sarah Atkins replied to the topic Re- Tan Cash Affiliate Program in the forumsMy Profile

Jackie Sands from Affiliate Marketing
Twitter:

No, why?????? :(
Is something horrible cumming our way? :(

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Extreme John
Twitter:

Just more storms in the mid-west Jackie

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Justin Germino
Twitter:

Wow, I hadn’t heard Twitter bought Tweetdeck yet, a good investment for sure for them. Now if only they can do T.co shortlink integration with Tweetdeck and provide analytics like Bit.ly for it.
Justin Germino´s last [type] ..Operating System Wars- Who Will WinMy Profile

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Extreme John
Twitter:

No doubt Justin, Twitter can do some big things with TweetDeck and I’m sure all of that has been considered HEAVILY on Twitter’s part. I just hope this doesn’t put a stop to some of the other excellent social media managers out there like HootSuite, TweetDeck and a few of the up and comers.

Reply

SafariDave

Tweet Tweet Mother F.
Amazing what these social sites are getting for buyouts.
Amazing mad cash.
Wonder what they would pay for a coffee blog

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Extreme John
Twitter:

Yeah no kidding. A good friend of mine Chris said it best, he said something along the lines of, “amazing how a company with no way to monetize buys a company for that much money that can’t be monetized.”

So true.

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Brandon Smith from Penguin Band Tracker
Twitter:

Wow! I can’t believe Twitter has been complaining that they are having a difficult time monetizing the social network, but than they spend a rumored 44 million for TweetDeck? It just doesn’t make sense.

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Rabia

Thanks for sharing the news.Now Twitter has more power and will introduce more options for their members.

Regards,

Rabia Tareen
Rabia´s last [type] ..Groupinpk a paradise point for businessesMy Profile

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Dennis Edell from Direct Sales Markeing
Twitter:

OK all together now…..it’s about time! lol

Definitely looking forward to that 5 ways article now that I’m back on twitter.
Dennis Edell@Direct Sales Markeing´s last [type] ..Do You Write Link Roundup PostsMy Profile

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Andrew Walker

Wow!!Twitter spent $40 million to acquire Tweetdeck? What a business strategy!
Andrew Walker´s last [type] ..TheOfficeSuppliesSupermarket Promotion CodeMy Profile

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Extreme John
Twitter:

Kinda crazy that’s for sure.

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Mohammed

Nice post. Really informative, will surely help me in writing future posts for my blog.
Mohammed´s last [type] ..Omega-3 Deficiency SymptomsMy Profile

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Extreme John
Twitter:

Glad you found something useful Mohammad. Some quick advice in the future since you seem to be all about the “Do Follow”. Instead of using your blog name to comment here, use your real name and then follow it with the @YOUR KEYWORDS. This will give you better targeted traffic from my blog (and many others) via the KeywordLuv plugin, it will also stop me from hitting the spam button when you comment in the future.

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traz

wow.. i think this post is cool. Glad i was able to come across your site… anyway, guess i will be checking out that “10 Ways for Entrepreneurs to Build Brands Online.” I think i will definitely learn something from here since i am just new in this kind of stuff. Thanks for sharing this one…
traz´s last [type] ..EarningMy Profile

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Extreme John
Twitter:

No problem Trans, thanks for taking the time to comment.

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