Twitter's Purchase of IPhone App Tweetie and Its Subsequent Transformation

question 44

True/False

Twitter's purchase of iPhone app Tweetie and its subsequent transformation into the free 'Twitter for iPhone' application signals that Twitter is unwilling to move into product and service niches motivated by profits.

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Definitions:

Delivery Van

A Delivery Van is a type of vehicle used for transporting goods and products from one location to another, especially in the context of logistical operations or delivery services.

Interest Rate

The percentage of a sum of money charged for its use over a specified period, typically expressed as an annual percentage rate (APR).

Expected Rate

The predicted average rate of return or growth over a specific period of time.

Total Investment

The sum of expenditures on capital assets, plus the change in inventory levels, within an economy over a period of time.