City&FinanceBriefing Life is tweet for 1.2m Twitter fan The bosses behind Twitter may have struggled to work out how to make money from the website, but one Londoner has just secured 1.2 million in funding after devel- oping a filter system that organises tweets into queues on the com- puter or mobile phone screen. When 35-year-old computer pro- grammer Iain Dodworth grew annoyed at missing tweets sent by his friends, he wrote a piece of software to enable him to filter messages, releasing it online in June last year. The software, TweetDeck, quickly became popular, with millions of copies being downloaded. Up to a fifth of all Twitter messages are sent via the application, which is also available on the iPhone. Now Dodworth has won 1.2 mil- lion of funding from backers including Lastminute.com founder Brent hoberman and Michael Birch, who founded social network- ing site Bebo. hoberman said: We really wanted to get involved with TweetDeck as its a British com- pany with lots of momentum and energy that needs to figure out its monetisation plan. Although the firm gives away the software, it has made money by creating customised versions, including one for pop band Blink 182. It is also experimenting with putting advertisements on screen. Dodworth, who has four employ- ees, and moved his business out of the family home in Tunbridge Wells to offices in Shoreditch, said: Once I had written the software for myself, some friends were asking about it, so I gave them a copy. That really spiralled, and I quickly got inundated with people asking for it, so decided to make it available for free. It just snowballed from there really, and it has now been down- loaded several million times. Join the queue: messages are filtered BARGAIN-HUNGRY Londoners helped lift earnings at Cineworld -- the cinema chain which has seven screens in Piccadillys Trocadero Centre, as well as others across the capital. The firm reported an 18% rise in revenue to 161.9 million for the three months to July. The UKs second-largest cinema group has grabbed market share with money-saving deals including Bargain Tuesdays and two-for-one entry on Orange Wednesdays. The success of the discount days helped Cineworld report an increase in pre-tax profit to 11.6 million, from 8.7 million for the same period last year. Movies including surprise hit Slumdog Millionaire and Star Trek also helped put more bums on seats. Discount days boost Cineworld BY LUCY TOBIN Australia Dollars 1.9002 Canada Dollars 1.7370 Denmark Kroner 8.2688 Eurozone Euro 1.1146 Hong Kong Dollars 12.1100 Japan Yen 147.6800 New Zealand Dollars 2.2858 South Africa Rand 12.5400 Sweden Kronor 11.4600 Switzerland Francs 1.6889 UAE Dirham 5.6703 United States Dollars 1.5712 TourisT raTes Britains 3.6 billion-a-year local buses industry is to be referred to the competition watchdog after the Office of Fair Trading claimed restricted competition has almost certainly made fares too high. The Competition Commission will focus on FirstGroup, Stagecoach, Arriva and Go-Ahead. London buses are not included. Kuoni, the luxury tours and safaris company, has plunged into the red this year with the global economic crisis leading many wealthy tourists to stay at home. Boss Peter Rothwell said that by last weekend, bookings were down by 21% on the same period in 2008, with the UK market worst hit -- with holiday bookings down by 23%. UP 44.09 at 4733.76 fTse 100 dow jones nikkei -$ UP 61.22 at 9279.16 UP 38.65 at 10,242.65 UP 0.16c at $1.6544 >>for all the latest City share prices, call 0905 817 1694* or visit thisismoney.co.uk * Calls cost 75p/min from a BT landline & last approx 1 min per quote. not all stocks are available London Lite Thursday, 20 August 2009 35 index.html2.html3.html4.html5.html6.html7.html8.html9.html10.html11.html12.html13.html14.html15.html16.html17.html18.html19.html20.html21.html22.html23.html24.html25.html26.html27.html28.html29.html30.html31.html32.html33.html34.html35.html36.html37.html38.html39.html