Twitter acquires social data provider GnipApril 15, 2014 - 17:46 AMT PanARMENIAN.Net - Twitter is acquiring Gnip, a social data provider, Mashable reports. The value of the deal was not immediately disclosed, but Gnip has raised $6.6 million in funding. Gnip was the first company to be authorized to resell Twitter's historical data. Twitter and Gnip announced a partnership in 2010 that provided the "firehose" of data to clients, helping to monetize Twitter's user base. "We want to make our data even more accessible, and the best way to do that is to work directly with our customers to get a better understanding of their needs. To that end, we have agreed to acquire Gnip, a leading provider of social data and a long-standing Twitter data partner," Twitter wrote in a blog post. Gnip was founded in 2008 and claims to be Twitter's first data partner. It works with a variety of clients including Tumblr, WordPress and Foursquare. It also provides Twitter data to the Library of Congress. The company also features data from Sina Weibo, a popular Chinese service similar to Twitter. "Combining forces with Twitter allows us to go much faster and much deeper. We’ll be able to support a broader set of use cases across a diverse set of users including brands, universities, agencies, and developers big and small," Gnip said in a statement on its blog. The acquisition of Gnip is Twitter's first since its purchase of MoPub, a mobile advertising exchange, in September for $350 million in stock. Related links: Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |