Friday, March 29, 2024

Twitter made its first profit, but still can’t grow its user base

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Back in October, Twitter promised that by the time the fourth quarter rolled around, it would be profitable, or just about. Since then, however, the company lost its de-facto CEO and continues to raise the ire of figures on both sides of the aisle. It comes as something of a surprise then, that Twitter has managed to turn its first ever quarterly profit of $91 million. If there was ever cause for optimism that the 12-year-old company will survive, its the fact that its now making mo…..
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