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Twitter Is Said to Be Profitable After Gaining $25 Million in Search Deals

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IN THE GREEN
"Twitter Inc. will make about $25 million from Internet-search deals with Google Inc. and Microsoft Corp. announced in October, enough to push the site into profitability," according to Bloomberg. "An agreement that made Twitter’s messages searchable on Google’s site will generate about $15 million, said the people, who asked to remain anonymous because the terms aren’t public. A similar deal with Microsoft’s Bing search engine will earn Twitter about $10 million."
SOURCE:   Bloomberg

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