Twitter Bans Third-Party Ads

I noticed an interesting development over night, Twitter is looking to ban all third-part ad networks from injecting ads into users Twitter streams.

From the Twitter blog:

As our primary concern is the long-term health and value of the network, we have and will continue to forgo near-term revenue opportunities in the service of carefully metering the impact of Promoted Tweets on the user experience. It is critical that the core experience of real-time introductions and information is protected for the user and with an eye toward long-term success for all advertisers, users and the Twitter ecosystem. For this reason, aside from Promoted Tweets, we will not allow any third party to inject paid tweets into a timeline on any service that leverages the Twitter API. We are updating our Terms of Service to articulate clearly what we mean by this statement, and we encourage you to read the updated API Terms of Service to be released shortly.

Now as the terms of service have not been updated we do not know what this really means but this announcement got me thinking with regard to Job Ads.

Are job boards just another ad network? If so will job boards be prohibited from pushing job ads into Twitter?

I’m sure it won’t come to that but interesting to think about the consequences if it does.

Is the IT Sector softening?

I have been interested over the last few weeks to see the varying discussions that Australia is or is not in a recession at the moment. While the jobless figures overall are not too bad at 4.3% for July 2008 (according to the ABS), there are reports of the RBA easing interest rates due to concerns on the health of the economy. The Seek Employment Index has a 27% drop in job ads in the last 12 months.

So it was with some amusement I saw the following three articles on the Australian IT site.

Firstly from 23rd July about increases in skilled migrants entering Australia to help with our “deeping skills crisis”.

The second has NAB offshoring about 2,600 jobs over the next few months as part of a $1 billion technology restructuring program.

Finally yesterday we have an article announcing more falls in the job vacancy rates, with a fall of over 17% in the last six months.

So I have to wonder what is going on? I think I know. Yes vacancies are falling, yes people are cutting jobs and yes there is a skills crisis. The issue seems to be that many of our corporate IT workers just don’t have the right skills for the new work required.

Thoughts?