Money for Tweetdeck

Tweetdeck's raising of over $3.2m of venture capital may come as a surprise in the current markets but it surely also illustrates the power of the new medium which has an estimated 20 per cent share of twitter traffic.

The launch last week of its I phone app will give it a major competitive advantage on that platform.

Perhaps though the crunch question as Mark Evans says is

It will also be interesting to see if Tweetdeck can come up with a way to monetize its software; perhaps creating white-label versions for businesses.