Twitter Co-Founder Biz Stone Appears on CNBC’s Power Lunch

Twitter co-founder Biz Stone spoke with Michelle Caruso-Cabrera on CNBC’s Power Lunch Thursday, discussing mobile and building up the microblogging service’s big announcement later this month.

Stone on mobile:

The whole reason we called it Twitter was because we thought it was going to be on phones. You get this sudden vibration…you get this sudden Tweet. For us, it’s all about mobile. It always has been.

Stone on the upcoming news:

We’re making some money now, and we’re actually going to be revealing later this month how we intend to make a sustainable source of income so that we can build a business. We don’t necessarily have to start making a lot of money right now.