Can Twitter predict stock markets?

Can Twitter predict stock markets? 4872Like weather, stock market prediction has always grasped imagination. If you can get one step ahead, through fast computers, superior intuition or advanced interfaces, you could beat other traders and get superior returns. The development of social media, mainly Twitter and Facebook, where hundreds of millions of users announce their small and big daily victories, vent their frustration or relay trends is a gold mine in many ways. StockTwits was ahead in this vision, with a consumer-facing tool that would allow investors to discuss on an online community and track different stocks. This is just the beginning though. What if you could surface sentiments from Twitter and use the data as a key decision-making tool? That's the challenge taken by OODA Technologies and qmetrica with their new product called MarketSense.io. The foundation of the new twitter prediction tool is based on Dr. Johan Bollen's research (Twitter mood predicts   Read more…


eValue provides social analytics for managers and executives

koh77n57k0l63gh6gn6g 4834For decision makers, navigating through Twitter, Facebook and Youtube is scary. You hear about the power of the crowd, brands being trashed on those sites, crowd-mobbing because a celebrity has had a bad experience somewhere. Plus they also hear from all marketing and business experiences that small, medium and large companies have to be there. What do you do though? Early adopters hire a "community manager" whose task is to reply to various twitter users, maybe contribute to the blog, and post cool pictures on Facebook. When it comes down to numbers and accountability though, nobody has answers. Twitter numbers don't show engagement, and it's hard to distinguish marketing efforts from your community manager from organic growth. That's where eValue comes in. With a strong knowledge of what executives want, eValue provides companies a clean dashboard where you can compare your company's social presence to your   Read more…


twtspire.com| idea for the next startup = One Tweet Away?

twtspire.com| idea for the next startup = One Tweet Away? 4533 Startups solve problems. So if you find a problem there's probably a startup idea lying somewhere nearby. A Montreal developer Kenji Wellman developed an app called twtspire.com that scours twitter and automatically detects tweets from people that wonder why a solution doesn't exist for a specific problem they're having. Here are example of tweets from twtspire.com that could result in some kind apps Why isn't there an app that auto-deletes texts you send after 4am. #facepalm Oh my god. Someone needs to make an app that makes an instrumental out of any song. #IsThatLegal #KaraokeAllDayEveryDay There's also evil ideas like: Wish there was a single website with complete book/movie summaries with spoilers. Twitter has over 50 million daily tweets, so testing and refining the app was done in a single week-end. The app uses a combination of keywords as well as keyword exclusion rules (which eliminate unwanted terms) and keyword proximity rules. For   Read more…


Discovering local consumer needs with Needium

needium twitter leads 3069With hundreds of millions of tweets a day, we've got large number of consumers communicating about what they are looking for, on a level similar to Google search. This is what Needium is focusing on: finding all those consumers and forwarding them to local businesses. Needium now has a full-time staff able to track those tweets, in different locations all over North America. A local business looking for customers can get Needium's monthly plan and start attracting customers to their products, pretty much on a real-time basis. Without Needium, you'd need instead to have a full-time community manager or marketing person track all those tweets, a solution that most businesses can't afford. Needium offers a fixed monthly price, at $150, although a variable pricing might be more relevant (a dentist lead is worth more than a coffee lead!) Twitter is still new in consumer's minds, and if replies are relevant   Read more…


Tungle calls for a paradigm shift in calendar software

Tungle calls for a paradigm shift in calendar software 1944Tungle, which offers a collaborating calendaring software, launched today a website questioning the state of current calendars. A series of videos and texts tells us how existing calendars are just software representations of paper calendars and how they do not help us in our daily online life. The videos stars Marc Gingras, founder of Tungle, the Tungle team, as well as Tungle's new board members: Robert Scoble, Ellen Levy, Don Dodge, etc. It also features key people from IBM, yahoo, Plancast and Facebook. The interviewees tells us about the current information overload, from emails, social networks and news websites. Then they allude that a brand new calendaring software could be in fact help us manage this busy digital life: this calendar would connect with the different platforms, would interact well with data, in a transparent way. In my opinion, this would mean tungle will have access and   Read more…


Using Twitter & Community to get the most out of your SXSW, GDC, Web2.0 Expo

Using Twitter & Community to get the most out of your SXSW, GDC, Web2.0 Expo 1468With conference season upon us the Montreal technology community is preparing to descend on a number of very large industry events. Our community has a number of speakers, attendees & company presentations occurring at: Conferences give us a great chance to network with many of our industry counterparts from around the world.  They also provide us a chance to meet members of our local community that we may not have connected with while in Montreal.  Meeting your local counterparts at these events allow us to help support each other in many ways while we are stateside.  Whether you are looking for a job, trying to recruit for a position, inviting people to listen to your session talk or need help trying to meet that critical investor/partner/speaker or guru your local community might   Read more…