Twitter Acquires Gnip, Bringing a Valuable Data Service In-House - NYTimes.com - NYTimes.com

A related article in The Register notes "Wall Street reacted positively to the news, with Twitter's stock price rising over ten per cent. The social media's stock price has been sliding since the start of the year, but now the analysts suspect Twitter might be getting serious about making a profit someday."

"Twitter on Tuesday announced that it had acquired Gnip, a company that provides data about activity on the social network as it is occurring.

The eight-year-old company is the latest in a series of data companies acquired by Twitter as the micro-messaging service improves its ability to provide information about its users’ behavior to potential sponsors, advertisers and others who analyze the service."

Twitter Acquires Gnip, Bringing a Valuable Data Service In-House - NYTimes.com - NYTimes.com