Twitter Ad Revenue Expected To Triple To $150 Million in 2011
Posted on Tue Jan 25, 2011 04:32 PM PDT

twitterlogonews.jpgSocial networking site Twitter is expected to triple its ad revenue in 2011, reaching $150 million.

While competitor Facebook is expected to earn $4.1 billion this year, not all is well in the world of social networking -- News Corp-owned MySpace is projected to see a $100 million-drop in revenue.

But 2012, Twitter could reach $250 million but, eMarketer experts warn the company "must show it can live up to its hype."