Dataminr Is Changing the Process of Gathering and Verifying News

In trying to verify breaking news on social networks, Dataminr is poised to get it right at a much higher rate than any other data source.

Dataminr-600

Dataminr, a firm that analyses social media trends, has been used to turn the never-ending Twitter stream into actionable data for finance companies and even for CNN’s breaking news department. Since the CNN partnership, Dataminr has been gathering strength, emerging as an indispensable tool for stock traders and journalists.

Big Data is what drives so much of the advertising industry, and so many decisions in social networking. The problem is that when there’s so much raw data, finding the valuable information can be difficult.

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