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A new service launched this week from NYC-based Harvest named Co-op. Harvest is a time-tracking application that we previously reviewed. For small teams, Co-op combines a quick update tool like Twitter with inline time tracking and project management. Rather than directly clone Twitter, Co-op has added features that actually make it beneficial for the office environment. With more teams working virtually, this type of quick status and "what I’m currently working on" tool works well.
There’s also a simple daily status tool so you can share what’s on your plate for the day with the rest of the team. This is a great way for project managers to keep informed of what everyone is working on without having to ask.
What I’d like to see are export options for the content so the company can keep an archive. It would also be good to have an "emergency" button which would immediately alert the team through their desired channels (IM, Mobile, etc.).
I like their business model as well. Offer the Co-op service for free but to add the time tracking, you need a Harvest account.