A new service called Smatter is set to compete with the growing social network Twitter, but with a twist. Instead of limiting posts to 140 characters like Twitter, the new service will limit member posts to just 14.

“It’s our belief that you’ll get ten times the content value from posts that are one tenth the size,” says Smatter CEO Thomas Smidge.

The social media entrant will introduce a whole new vernacular as well. Instead of posting “tweets,” members will post “smatts,” forwarded posts will be called “resmatts” and group conversations will be “smatt-chats.” Read the full story »