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Old 28th October 2017, 16:58   #1
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Default Twitter to make a profit - shock

Must be all that Trump stuff

Social media outfit Twitter said today that it will make a profit for its fourth quarter. It will be the first time the company has ever had a profitable quarter.

Its share price rose on the news.

Twitter accounts for the profit as a result of it slashing expenses, eliminating jobs and cutting marketing expenses and R&D. It is also making revenues that aren’t from advertising, but things like licensing deals.

http://fudzilla.com/news/44815-twitt...a-profit-shock
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