Twitter Profits in 2009

Microblogging site Twitter has been thrust into profitability after signing two lucrative search deals with Google and Microsoft.

Twitter announced earlier this year that it had signed deals with both Google and Microsoft’s Bing to include tweets in real-time search results.

BusinessWeek, which was bought in October by financial news agency Bloomberg, said Twitter had signed a $US15 million ($16.8 million) data-mining deal with Google and a $US10 million agreement with Microsoft.

[Read the full news story...]

This entry was posted on Monday, December 21st, 2009 at 10:53 pm and is filed under News, Social Media, Technology, Twitter. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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