No Ads for Twitter

Twitter has announced it will no longer allow ads on its websites for the rest of 2009. This is a bit shocking to me because advertisements seem to be what support any website. Currently, I work dor Cox Ohio Media, specifically Dayton Daily News and I know first hand how important advertisements are to print and to the web. Twitter feels they need to develop how they will make a profit before they start placing ads on the website. I hope this does not hurt them in the long run.