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