Twitter Loosing Money

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Twitter, the popular but money-losing microblogging service, is hiring engineers and specialists who can help turn it into a money-maker.

The 2-1/2-year-old internet start-up, whose short text messages or “tweets” have become a global social phenomenon, is building up a team focused on generating revenue with a new range of yet-to-be launched products, judging by job postings on the company’s website.

twitter jobs(2)

Among the 26 job openings listed on Twitter’s site, four are specifically identified as being devoted to “monetization.” Striking licensing deals are key responsibilities for two other jobs.

Twitter, a privately held company, does not report earnings, but its website says: “While our business model is in a research phase, we spend more money than we make.” We still dont have any confirmations if that is still accurate.

Image Credits: biojobblog


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