blog-image

Twitter Invests $10 Million for Tweet Analysis through MIT Media Lab

04 Oct. 14
3.45 K VIEWS

Twitter is on a roll to invest $10 million for next five years to analyze every tweet tweeted since 2006. Massachusetts Institute of Technology’s (MIT) Media Lab scientists will be responsible to analyze all the messages till date. Twitter will provide real-time access to analyze every single tweet. With this, the researchers will develop new communication tools to sort out all the social problems and also for social media marketing services. Since, this is Twitter’s first financial strike towards its analysis of tweets, it will be interesting to see how the researchers will utilize the social machines.

Words from Twitter CEO

Twitter CEO Dick Costolo said that, “With this investment, Twitter is seizing the opportunity to go deeper into research to understand the role Twitter and other platforms play in the way people communicate, the effect that rapid and fluid communication can have and apply those findings to complex societal issues.” Twitter said that the tweet counter is 500 million per day approximately. Now, that Twitter has announced a phenomenal amount of finance to MIT Media Lab, the experts at the lab said that, “We are planning to build data visualizations, mobile applications to create new forums of social organization and public communication.”

Chief Media Scientist’s Opinion

“The Laboratory of Social Machines will experiment with areas of public communication and social organization where humans and machines collaborate on problems that can’t be solved manually or through automation alone,” Roy said. Roy is an chief media scientist at Twitter where he worked on data driving of company’s social TV strategy. He further added that, “Imagine a tool that lets you track the emergence of some new rumor or new belief about some event you are covering.”

On the account of Twitter giving licensed databases to analyze the tweets for different organizations through Data Grants program, Roy said that, “Facebook is a proprietary network that does not allow any outsider to access the databases.”

Final Say

Overall, it is all clear that Twitter is going to be even bigger in the upcoming years with a perfect database and understanding the social problems of the users. Social media marketing services

has now become much essential than ever for any brand or company. Digital Marketing services has become the face of any brand in the world of internet.

LetsNurture Creates The Buzz for Your Business

Our passionate team of professionals is well-groomed at managing Social Media marketing services and campaigns. It has traversed its way from being a phenomenon to an essential requirement. We understand that it is a constant daily process that requires specific set of skills to identify the pulse of your audience.

Why not get in touch with one of our business consultants and know more about our Social Media Marketing services. We promise, we will never let you down. To connect with us, send us an email at info@letsnurture.com.

Blog A directory of wonderful things

Twitter has came up with its Advance search, Now you can access Twitter Advance search weather you login or without login. You have rights to perform detailed queries on endless …

Twitter- one of the social media giants that regularly comes up with something new, both for the people who use twitter, also known as tweeple and the media/advertisers. The New …

There has been a little big new development in twitter which will change the way we tweet. If you have not noticed it yet, then let us tell you. Now …

I am an avid fan of twitter and I loved to go with twitter every day. Here is news for twitter lover. If you want to go back and dig …

Innovation is another name for Twitter. Over time we see it innovating something new all the time. Like allowing mobile users to tweet from SMS while Sandy ravaged America. Simple …

Social sharing is expanding; UX/UI designers are so much busy into intensifying this social sharing over the internet. There is no rocket science, Social media sites are playing with human …

The Android team of LetsNurture will be the object of fawning and adulation as the company’s Android Application for Tweet Analysis reaches new heights with 1000+ installations. And why not …

“Interact with Community ,Gain Credibility & Business” Customers will always appreciate a brand communicating directly with them. As a brand you must understand you must understand that people utilize social …

By 2020, mobile apps are forecast to generate around 189 billion U.S. dollars in revenues. – Statista Mobile is the future! Nope, mobile is now present at our IT hub, …

CONTACT US

Have an !dea or need help with your current business?

For immediate assistance in sales or support, please call us on:

+1-631-954-6922

loading...
We use cookies to give you tailored experiences on our website.
Okay