$1000/day for half of all tweets - Erik Hanberg

$1000/day for half of all tweets

And then there’s Twitter, which jealously guards access to its full stream of tweets (roughly 1,000 per second, these days). As of now, however, it’s signed a deal with Gnip whereby you can get a randomly-selected 50% of those tweets for $360,000 a year, which works out at $30,000 a month. You’re not allowed to republish them, but that’s OK—the people willing to spend that kind of money are likely to be high-frequency trading shops who want to keep the data as private as possible in any case.

I had to look up what a high-frequency trading shop was. Basically, they use lots and lots of data to trade on tiny tiny margins. I had no idea the dataset of tweets could help in that process.

But it’s not too surprising, I guess, considering that tweets can predict movie box office returns better than anything else. There’s a lot of data there.



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