December 19, 2014

Twitter Acquires Image Intelligence Tech Company, Pinterest Acquires Cloud-Based Visual Organizer

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Two stories!

1. Twitter Acquires Madbits (via PC World)

Over the past year, the New York based startup [Madbits] has been developing visual intelligence technology that automatically understands, organizes and extracts relevant information from raw media even when there are no tags associated with the files, it said on its site. Image search is its main interest and Madbits aims to create intelligent, dynamic image sets to automatically organize large databases of images, according to the company’s LinkedIn profile.

2.  Pinterest acquires and discontinues content organization service Icebergs (via The Next Web)

Pinterest has announced the acquisition of Icebergs, a service for organizing visual content in the cloud. As part of the deal, Icebergs will shut down on September 1, 2014.

Existing users of Icebergs can export their data to Dropbox or as a .json file ahead of the shutdown.

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Gary Price About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.