Tech news from around the web:

  • UberMedia, which owns several applications that interface with Twitter, is planning to build a social network that could compete with the microblogging platform, CNN reports. Two months ago, Twitter had briefly suspended access to UberMedia products twidroyd and UberSocial from its site.

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The spat that broke out today between Twitter and Idealab founder Bill Gross speaks volumes about Twitter’s own long-running failure to cash in on the success of its service. As one third-party developer told us: “Bill Gross has been saying he’s going to monetise better than Twitter and that could have upset them. He is either committing suicide or he is going to be extremely successful.” Read more