Twitter will turn a profit in 2009
Posted by Dr. Raj Murthy in Profit, Revenue model, Twitter
With all the talk about a revenue stream for Twitter the microblogging service going on in class it is worth nothing that Twitter will actually turn a profit in 2009. The deals with Bing and Google have netted Twitter something to the tune of 25 million ( this information is an estinate, actual numbers were never revealed ). Tweets will now appear on both Google and Bing search results as part of the deals. It is also interesting to note that Microsoft's Bing search engine was the first to sign the deal with Twitter, perhaps as a move to gain some strategic advantage over Google. Google followed shortly thereafter and signed a similar deal.
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