08-02-2018 14:35 via theguardian.com

Twitter makes first quarterly profit in its history

Social media company makes $91m profit in fourth quarter of 2017 on revenue of $732mTwitter has posted its first quarterly profit in the company’s near 12-year history, although a clampdown on fake accounts meant it lost users in the US.The San Francisco-based social network, which went public five years ago, made a profit of $91m (£65m) in the fourth quarter of 2017, compared with a $167m loss a year earlier, after cutting costs.Strictly defined, a Twitter bot is any automated accou
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