21 January 2017
visit http://www.wolterskluwerfs.com

Twitter acquires social media sentiment tracker Gnip

16 April 2014  |  4473 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  |  3661 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  |  7996 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  |  5181 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  |  9217 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  |  6545 views  |  0 comments | 6 tweets | 4 linkedin
Nyse Technologies turns on social media hosepipe

Nyse Technologies turns on social media hosepipe

14 February 2013  |  6435 views  |  0 comments | 3 tweets | 2 linkedin
Twitter chatter influences stock prices - survey

Twitter chatter influences stock prices - survey

13 February 2013  |  10387 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  |  6581 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  |  4260 views  |  0 comments
Thomson Reuters launches social media sentiment analysis service

Thomson Reuters launches social media sentiment analysis service

07 March 2012  |  9475 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comVisit contisgroup.comvisit wavestone.co.uk

Who is commenting?

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
16135 views comments | 92 tweets | 111 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
12780 views comments | 48 tweets | 44 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
11024 views comments | 31 tweets | 20 linkedin
US fintech firms join forces to push data sharing via APIsUS fintech firms join forces to push data...
6791 views comments | 39 tweets | 40 linkedin
HSBC forms tech advisory boardHSBC forms tech advisory board
6478 views comments | 21 tweets | 23 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job