Web 2.0

Twitter Turns a Profit

Twitter Inc., will finally have a profitable year, Bloomberg reports. In October, Twitter agreed to allow Google and Microsoft's Bing to make its micro messages searchable for a reported $15 million and $10 million respectively. Until earlier this year, making money wasn't even a focus for Twitter, which poured almost all of its time into product improvement. Twitter, which started in 2006, is also planning to roll out an advertising program early next year, and will also begin charging for commercial accounts, which will allow businesses to analyze tweet traffic.