Twitter makes money for first time ever, but problems remain
February 9, 2018
NEW YORK (AP) — Twitter made money for the first time in its nearly 12-year history, a milestone that satisfied investors in the short term but might not resolve the company's broader problems any time soon.
The company is still struggling to get people to sign up, despite the attention President Donald Trump's no-holds barred tweets have drawn to the service. One problem: Anyone can read tweets without signing up. As a result, Twitter's user base pales compared with Facebook and the Facebook-owned Instagram.
And that means fewer advertising opportunities.
Beyond that, Twitter has been dealing...
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