• GigaOm , Friday, November 28, 2008 10 AM

Twitter is still the belle of the Web 2.0 ball, according to GigaOm and folks are still speculating on its business model.

Founder and CEO Ev Williams has said the company will come out with more details in the new year, which has only increased the frenzy of speculation. That frenzy got another boost this week when Twitter announced that it had acquired Values of n, a company founded by well-known programmer Rael Dornfest, the former chief technology officer at O'Reilly Media and one of the developers responsible for creating the RSS standard.

The fit between this company and its services and Twitter could result to Twitter taking on the functions of a personal assistant. Who knows -- for the ultra-connected and time-starved business traveler, that might someday evolve into something worth paying for.

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