RWW speculates today (as so many do) about possible revenue models for Twitter. Revenue models or lack thereof are probably a problem for many if not most upcoming social tools and services. That is why I love the “Freemium” concept. Not only is it an awesome label but a solid solution: have an ad model, yes you can even have targeted ads (as long as you disclose it) but offer users the option of paying for a premium service that will include no or only limited ads. If only more things in life would come at a freemium …

Readwriteweb reports that again twitter was a faster tool to learn about an earthquake (today in the UK) than the official new services. It really takes a while to understand the power of twitter beyond the use of following certain people or friends - ground-shaking news are the best example. The same thing happened when the last bigger tremor hit California: twitter was faster in reporting the earthquake than the US Geological Service. What is the significance? One: news will travel even faster. No longer is the gap minutes that it might take for CNN to break the news or a local station to send a news van, now we are talking seconds. And multiple people twittering independently about the same thing at the same time gives the news credibility. But I think there is also a danger for people to over-react or react to quickly to what can be mis-information or mis-perceptions.