23 January 2018
visit http://response.ncr.com

Twitter acquires social media sentiment tracker Gnip

16 April 2014  |  4901 views  |  1 Twitter logo

Twitter has acquired Gnip a provider of aggregated social media content which is used by hedge funds, banks and signal providers to assess market sentiment and conduct analytics.

Gnip, Founded in 2008, has a four-year-old partnership with Twitter but also provides data for social media content on Tumblr, WordPress, Reddit, Instagram, and Foursquare.

In the financial sphere, the company has distribution deals with earnings platform Estimize and StockTwits, while its social data fire hose has been integrated with Streambase's complex event processing platform.

Boulder-based GNIP says the acqusition by Twitter will give the firm access to resources and infrastructure to scale to the next level and offer more in-depth data and analysis.

In a statement, Twitter says: "We believe Gnip has only begun to scratch the surface. Together we plan to offer more sophisticated data sets and better data enrichments, so that even more developers and businesses big and small around the world can drive innovation using the unique content that is shared on Twitter. With the help of Gnip's Boulder-based team, we will be extending our data platform - through Gnip and our existing public APIs - even further."

Comments: (1)

Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 17 April, 2014, 17:33

Wonder if Twitter will renew its firehose contracts with DataSift, Radian6, ViralHeat and other competitors of Gnip. 

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Apple buys social media sentiment firm Topsy Labs

Apple buys social media sentiment firm Topsy Labs

03 December 2013  |  4002 views  |  1 comments | 6 tweets | 2 linkedin
EU-backed social media sentiment project releases market surveillance tool

EU-backed social media sentiment project releases market surveillance tool

13 November 2013  |  8462 views  |  0 comments | 4 tweets | 4 linkedin
Capital markets participants bullish on social media data

Capital markets participants bullish on social media data

26 July 2013  |  5514 views  |  0 comments | 9 tweets | 1 linkedin
Bloomberg adds real-time tweet stream to market data desktop

Bloomberg adds real-time tweet stream to market data desktop

04 April 2013  |  9813 views  |  0 comments | 17 tweets | 6 linkedin
SEC greenlights use of social media for company news

SEC greenlights use of social media for company news

03 April 2013  |  6844 views  |  0 comments | 6 tweets | 4 linkedin
Nyse Technologies turns on social media hosepipe

Nyse Technologies turns on social media hosepipe

14 February 2013  |  6804 views  |  0 comments | 3 tweets | 2 linkedin
Twitter chatter influences stock prices - survey

Twitter chatter influences stock prices - survey

13 February 2013  |  12046 views  |  1 comments | 16 tweets | 8 linkedin
Start-up pitches social media analysis tool to traders

Start-up pitches social media analysis tool to traders

13 November 2012  |  6905 views  |  0 comments | 7 tweets | 5 linkedin
StreamBase partners Gnip to integrate social data in CEP platform

StreamBase partners Gnip to integrate social data in CEP platform

19 June 2012  |  4514 views  |  0 comments
Thomson Reuters launches social media sentiment analysis service

Thomson Reuters launches social media sentiment analysis service

07 March 2012  |  9837 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.vasco.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Banks shift priorities toward growth, digitisation and innovation - surveyBanks shift priorities toward growth, digi...
9374 views comments | 37 tweets | 48 linkedin
Standard Chartered establishes fintech innovation and investment unitStandard Chartered establishes fintech inn...
9201 views comments | 14 tweets | 14 linkedin
BofA leads on blockchain patentsBofA leads on blockchain patents
8968 views comments | 12 tweets | 12 linkedin
Sbanken opens developer portal and invites customers to build their own digital bankSbanken opens developer portal and invites...
8317 views comments | 17 tweets | 11 linkedin
Metro Bank joins digital revolution with instant online account openingMetro Bank joins digital revolution with i...
6927 views comments | 13 tweets | 25 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job