Twitter’s Secret History As World’s Worst Tech or Media Business | Gawker ::alt take on BizWeek story::

Media_httpimggawkeras_aaffw

Twitter Inc.’s been spinning quite a turnaround story in the press lately. The microblogging service “has finally turned a corner,” declares the cover of Bloomberg Businessweek. “It’s a juggernaut,” a company executive tells the magazine. But the hard numbers we’ve been provided paint a very different story.

A source with close knowledge of Twitter’s financials leaked us revenue, profit, and other figures from the company’s recent past. They are not encouraging.

Read the full piece at gawker.com

Advertisements