Twitter will make around $25m from the search deals struck with Google and Microsoft in October, enough to push the site into profitability, according to a report.C iting ‘people familiar with the deal’, Bloomberg reports that the deal to make Twitter’s messages searchable on Google netted the micro-blogging firm some $15m, while a similar deal […]
Twitter will make around $25m from the search deals struck with Google and Microsoft in October, enough to push the site into profitability, according to a report.C iting ‘people familiar with the deal’, Bloomberg reports that the deal to make Twitter’s messages searchable on Google netted the micro-blogging firm some $15m, while a similar deal with Microsoft’s Bing search engine will earn Twitter about $10m. Bloomberg’s sources asked to remain anonymous because the terms aren’t public.
21/12/2009
The multiyear agreements will allow Twitter to make a small profit in 2009, said the people, who estimate that its operating costs are about $20m to $25m a year.
The San Francisco-based company, which started in 2006, has about 105 employees, according to its site.
http://www.bloomberg.com/apps/news?pid=20601103&sid=a1jwVtGQmErk
