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Twitter said to be profitable after making Internet-search deals
3 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 contentTwitter will earn an estimated $25m a year from search deals with Google and Bing
1 day ago ago from Digital Stats
"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. A deal that made Twitter's messages searchable on Google's site will generate about $15 million, the sources said, while a similar pact with Microsoft's Bing search engine will earn Twitter about $10 million. As a result, Twitter is ...
Related contentSohu, Ku6 To Invest Up To $10 Million In Hollywood Film Licensing Fund
10 hours ago ago from paidContent
More end-of-year activity in China's online video market. Sohu and Shanda two of China's largest online entertainment and media companies plan to invest up to $10 million in a new fund that will buy Hollywood film and TV content licenses. Shanda ( NSDQ: SNDA ) is investing in the fund through newly-acquired online video site Ku6; Sohu ( NSDQ: SOHU ) is investing directly. With piracy being one of the biggest problems Hollywood studios ...
Related contentTwitter Already Seeing Profits
22 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 contentEnglishCentral Raises $3.5 Million For Video Language Learning | Take A Plunge
17 hours ago ago from Take A Plunge
Take A Plunge Ventures, Start Ups, Businesses Home About Reviews EnglishCentral Raises $3.5 Million For Video Language Learning 22 Dec 2009 Filed under: Financials , Startup Deals Author: admin EnglishCentral , the site that offers video language learning facility recently raised a total of $3.5 million ( SEC filing) . EnglishCentral is backed by Google Ventures and Atlas Venture . Last October, in a ...
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