Twitter Acquires Image Intelligence Tech Company, Pinterest Acquires Cloud-Based Visual Organizer
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.
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.
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.