As the number of Twitter users continues to grow, so too do the applications built from the millions of real-time tweets posted on the popular microblogging site. Twitter taps into the "right now," which is something that today’s search engines are missing. There have even been rumors of Google wanting to acquire Twitter for this very reason.
And speaking of rumors, one site, Tweet on the Street, is leveraging the strength of Twitter by building a rumors and news site. It searches through tweets and displays rumors on technology topics and celebrities but hints at the promise of more. The Tweet on the Street search tool, however, allows for the user to find the latest rumors on any topic. It’s like a super-blog written by millions of authors. Awesome! I think we can expect more sites like this in the future.
Twitter Rumormongering
TweetOnTheStreet.com Dishes the Dirty Details
Trend Themes
1. Real-time Tweet Applications - Applications built on real-time tweets are gaining popularity as they provide what search engines miss, an opportunity to build such applications is disruptive innovation.
2. Rumor & News Sites - Rumor and news sites that mine through tweets for content and display are on the rise, such sites present disruptive innovation opportunities.
3. Social Media Mergers & Acquisitions - Rumors of Google wanting to acquire Twitter signify an increasing trend of social media mergers and acquisitions, such M&A activities are disruptive in nature.
Industry Implications
1. Social Media - Platforms like Twitter and other social media sites present tremendous disruptive innovation opportunities in terms of real-time applications and rumor/news mining.
2. Technology - Rumor and news sites that mine through tweets for content are closely related to the technology sector, such sites present innovative models for information gathering
3. Media and Entertainment - Celebrities are a popular topic of Rumor and news sites that mine through tweets for content, a disruptive innovation opportunity for the media and entertainment industry