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 12-year history,although a clampdown on fake accounts meant it lost users in the US and overall user growth stalled.
The San Francisco-based social network, which went public five years ago, and made a profit of $91m (£65m) in the fourth quarter of 2017,compared with a $167m loss a year earlier, after cutting costs.
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Source: guardian.co.uk