Content-Search Deals Make Twitter Profitable

Tuesday Dec 22nd 2009 by Staff

Thanks to search deals with Google and Microsoft, Twitter may end the year in the black.

Business Week: Proving the nay-sayers wrong at last, Twitter is likely to end 2009 with its first annual profits. Deals that allow Google and Microsoft Bing to search tweets have earned the company approximately $25 million, believed to be roughly equal with its annual expenses. Throughout the company's three-year history, Twitter executives have insisted that they were more concerned with growth than profitability. Currently 58 million people use Twitter.
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