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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |