All NEW Investors: Your gift matched $ for $ this week! GIVE NOW

FTC sniffs around Twitter

John Moe Jul 1, 2011

The Federal Trade Commission has reportedly been talking to both Twitter and a company called UberMedia about possible anticompetitive issues. UberMedia uses the Twitter API (application programming interface) to build applications to read and send tweets. Twitter had historically taken a very open approach to app developers building on the Twitter platform because it was an easy way to get global reach. But in recent months, Twitter has begun restricting access to its data, preferring to drive people to its own site to stay up on Twitter or its own branded phone and tablet apps. Twitter recently acquired one of the biggest Twitter client app developers, a company called TweetDeck.

And a new report from the company says Twitter logs 200 million tweets per day. That number is way up from last year (65 million). It also reported the top trending topics in the first half of 2011. Wouldn’t have guessed “AH1N1 Swine Flu” would be #1 in the World Events/News category.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.