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Twitter May Actually Turn A Profit
19 hours ago ago from dot COM Report
Thanks to deals with search companies, the micro-blogging site is like to make something of a profit in 2009. Oft-criticized for its lack of a business model that could actually make the company some money, Twitter may be able to shut up those critics for a bit. BusinessWeek has learned that the company will be able to post a small profit for 2009, thanks to the content deals it signed during the year. Its deal with Google was worth about ...
Related contentTwitter Already Seeing Profits
23 hours ago ago from high position
Although much of the talk surrounding social networking and social media this year has revolved around how fast Twitter is growing and how upset users are at whichever update Facebook have rolled out this month, there has been another focal point: just when will Twitter start to make money, and how will it do so? However, according to Bloomberg, the microblogging phenomenon has already made a profit this year to the tune of a ...
Related contentTwitter said to be profitable after making Internet-search deals
4 hours ago ago from Social networking let me help you
Twitter said to be profitable after making Internet-search deals The social-networking site will get about $25 million from agreements with Google and Microsoft, enough to push it into the black for the first time, sources say. Twitter Inc. will make about $25 million from Internet-search deals with Google Inc. and Microsoft Corp. announced in October, enough to push the site into profitability, people familiar with the matter said. ...
Related contentContent-Search Deals Make Twitter Profitable
17 hours ago ago from KBZNZ
By Spencer E. Ante Data-mining deals signed in October will bring in $25 million in exchange for rendering Twitter's tweets searchable on Google and Microsoft Bing Twitter is ending 2009 on a high note. The microblogging site has reached profitability after inking $25 million of deals that make its content searchable by Google (GOOG) and Microsoft (MSFT), Bloomberg BusinessWeek has learned. In October, Twitter said it had ...
Related contentTwitter Makes $25 Million Deal With Google And Bing.
16 hours ago ago from jinij
Twitter set to make a profit for the first time since it launched in 2006. The company made a $15 million deal with Search giant Google and a $10 million deal with Bing. The company is said to be worth over $1 billion, but has not made much in the way of revenue until now. Share this post with a friend or the world:
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