Twitter's latest acquisition turns tweets into a commodity

Twitter announced today that it has bought Gnip, a social data company that has packaged and sold data from Twitter to other companies for the past four years. Gnip is one of a few firms that has access to Twitter's "fire hose" of data -- a history of tweets that date back to the company's beginnings in 2006 -- and is one of Twitter's longest-lasting data partners.

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