I use Twitter to get news headlines as well as to follow interesting people.
For example, if you had a Twitter account, you could follow these news bots:
- http://twitter.com/bbcbusiness
- http://twitter.com/bbcscitech
- http://twitter.com/bbctech
- http://twitter.com/bbcworld
- http://twitter.com/bbcsport
The above are all BBC News feeds. There are equivalent feeds for CNN and the New York Times as well as other news sources. The News Services page on the Twitter Fan Wiki has a good list.
For the politically inclined, both John Edwards and Barack Obama have Twitter accounts which are updated by their staff.
The sidebar on the right side of the Twitter Public Timeline page also features new and interesting Twitter users.
If you opt to receive Twitter updates via SMS, there are costs involved. So if you don't have SMS as part of your phone plan, you'll get hit by fees. Twitter doesn't make money from those fees, and in fact pays to send you updates via SMS.
If you're online a lot, you may prefer to get your Twitter updates via IM, the official Twitter website, or any of the many third-party applications and plug-ins that are available. I hear good things about Twitterific on the MacOS. Personally, I prefer using TwitBin, a Firefox plug-in as well as TreoTwit, a little app for the Treo mobile phone.
Bottomline, Twitter becomes interesting only when you're following companies or people that *you* find interesting.