• Business Insider, Monday, May 2, 2011 11:41 AM

Experiencing a major surge in activity on the news of Osama Bin Laden's death, Twitter is having what Business Insider is calling its "CNN Moment." On Sunday night, Twitter was the first place to report that President Obama would address the nation on a national security issue. Then, the first credible sign of the imminent announcement of Bin Ladin's death came from Keith Urbahn, the Chief of Staff for former Defense Secretary Donald Rumsfeld, who tweeted "I'm told by a reputable person they have killed Osama Bin Laden."

Writes Business Insider: "Remember CNN when the Gulf War started in 1990? Before then, it was watched mostly by obsessive news followers -- people in finance and government, political science professors, insomniacs ... That's what's going to happen with Twitter after tonight's announcement."

Compared to TV and cable, "Twitter was faster, more accurate, and more entertaining than any other news source out there ... Which means the next time my dad asks me why anybody would use Twitter, I'll finally have a good response."

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