URL shortener tr.im quits, unable to turn Internet traffic into cash

URL address shortening Website tr.im will no longer be providing the service to the public because there's no money to be made. Makes you wonder how other URL shortening companies can survive.

"There is no way for us to monetize URL shortening -- users won't pay for it -- and we just can't justify further development since Twitter has all but anointed bit.ly the market winner," tr.im wrote on its website after stopping the shortening service. "There is simply no point for us to continue operating tr.im, and pay for its upkeep."