Twitter has reached the milestone of profitability thanks to $25 million in deals to make its content searchable on Google and Microsoft Bing, according to a report on Monday by BusinessWeek. Anonymous sources told the magazine that the two deals – reached in October – will allow the microblogging site to record a small profit for the final quarter of 2009.
Twitter CEO Biz Stone declined comment on the company’s finances, other than to say in an email that “we’re thrilled about the partnerships we’ve formed this year and we’re looking forward to opening Twitter even more in the future.”
BusinessWeek’s two sources said that the Microsoft and Google deals were “huge” with the Google deal earning the company $15 million and the Microsoft deal generating another $10 million in revenue.