Twitter Profitable After Deals With Microsoft And Bing
In a deal signed in October, Twitter agreed to allow the search engines Google and Bing to feature search results containing tweets
. This is Twitter"s first major breakthrough in profitability and the deal is said to have been for $25 million, which is not bad considering the site was started in March of 2006 as a side project. At first, Twitter was more focused on adding subscribers rather than generating a profit, and today, there are over 20 million Twitter users in the US alone! If you haven"t already, I strongly encourage you to create a Twitter account today. Not only is it a great social media tool, it is also a great way of driving traffic to your blog or website.