links for 2009-05-23

  • Is this the future of e-commerce?
    Twitter commerce company Twitpay just announced its Retweet Commerce Suite, a service that aims to simplify commercials transactions on Twitter. RT2Buy (short for "Retweet To Buy") is the first service that is offered as part of the Retweet Commerce Suite. Starting today, anyone can easily distribute and sell their digital content through Twitter using the RT2Buy service.
    "We believe that feed-based communication is the future of the Internet, and that commerce will play a tremendous role in that future," said Michael D. Ivey, CEO of Twitpay. "This suite is one part of making it as easy to participate in commerce as it is to use Twitter, and we're really excited to see what it will be used for."
  • Not a big surprise given the rude, thankless treatment Congress gave him for his gracious, courageous work to save AIG and the U.S. economy.
    AIG chairman and chief executive officer Edward M. Liddy has informed the company's board of directors that he intends to step down after the board concludes a search for replacements, according to an AIG source. Liddy has recommended to the board that the chairman and CEO roles be separated.
    Liddy recommended that once a reconfiguration of AIG's board is completed — a process that will conclude with voting on new director nominees at AIG's June 30 annual shareholder meeting — the company should also initiate a process to install a more permanent leadership team and structure, according to AIG. The board concurs with Liddy's recommendation that the roles of chairman and CEO be separate and intends to conduct a search to fill each position.

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