Twitter Hiking The Price Of “Promoted Trends”

Twitter wants advertisers to cough up more money for “Promoted Trends.” Promoted Trends are Twitter’s most consistent revenue source and they plan on increasing the prices in the next few months. The price of a promoted trend costs about $70,000-$80,000 per day. The future price of these ads in the next few months will be about $100,000-$120,000. [AllThingsD]