Twitter has lost $2 billion since going public. Facebook has made $34 billion.

www.recode.net

Lest Twitter feel too proud of its first-ever profit, here comes Recode to rain on its parade:

Twitter today posted its first quarterly profit in its 12-year history. It reported $91 million in net income on $732 million in revenue. One quarter of profit, however, barely registers in a long line of losses. Currently, Twitter’s cumulative net loss since going public is $2.2 billion, now slightly less than the $2.3 billion in net loss it had racked up in Q3.

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