The Now/ledge

A Guide to the 'Now' Revolution in News / by Alan Soon

Twitter now profitable thanks to deals with search engines: report

Twitter could well be getting $25 million by allowing Google and Microsoft’s Bing to index its Tweets.

Bloomberg BusinessWeek said in a report the multiyear deals mean Twitter is now profitable. Two unnamed sources told the magazine the company will be able to deliver a “small profit” for 2009 thanks in part to the agreements.

Twitter has raised about $155 million since it was created three years ago. According to entrepreneurs and investors, Twitter probably needs about $20-$30 million dollars to operate a year.

Ultimately, the challenge for Twitter is to add some form of advertising, but without negatively affecting the flow of comments and its simplicity. And that’s something you don’t want to mess with.


Filed under: Social Media, Tools,

One Response

  1. […] 51.449876 -2.583598 Leave a Comment No Comments Yet so far Leave a comment RSS feed for comments on this post. TrackBack URI Leave a comment Click here to cancel reply. Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <pre> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> […]

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: