Twitter was in the news again this week, as they announced the launch of a new analytics platform, providing insights into how many links and Tweets are shared across the platform. Techcrunch TV covered the event as it happened here. The presentation also highlighted that Twitter had passed 100 million users for the first time, and around 5 billion Tweets are sent every month. We also learnt this week that Twitter sentiment is being used by a hedge fund to predict short term stock market price changes (with up to 87% accuracy…).
A fascinating study by Market Sentinel on fan engagement on Facebook showed that despite huge numbers of fans liking pages, only around 0.002% actually engage with the page more than once. Given the way Facebook’s edgerank calculations work (determining what appears in feeds), if people do not engage with a fan page or piece of content, that ‘like’ will disappear from users’ feeds.
Fast Company explained IBM’s latest thinking in transforming companies into social businesses, including insights being derived from the way people interact digitally to improve various functions in the business. The BBC’s Deputy Head of the Newsroom also wrote about how social media is changing the way the BBC operates, and the shifts in the way people consume news.
Finally, the next instalment in the guide to social media newsrooms is here, where Alistair discusses comments and engagement on corporate blogs.



