Breaking News: Malaysia organizations don't realize severity of cyberattacks

ZDNet / News / Internet

Twitter buys social aggregator Summify

By , ZDNet Asia on January 20, 2012 

 

Summary

Canada-based startup aims to bring its vision of delivering the most relevant news content to users in timely fashion to bigger scale after being bought over, company says.

Events

Echelon 2012
June 11 and 12, 2012

University Cultural Centre, National University of Singapore

Startup Asia Jakarta 2012
June 7 and 8, 2012

12th Floor, Annex Building, Wisma Nusantara Complex, Jl. M.H. Thamrin No. 59 Jakarta 10350, Indonesia

MMA Forum Singapore
April 23-25, 2012

Grand Hyatt Singapore

Submit

Summify, a social content aggregator, announced on Thursday that it had been bought over by Twitter, and it will aid the microblogging giant work on helping users "connect and engage with relevant, timely news".

The Canada-based startup announced the deal on its corporate blog on Thursday, although no financial details were disclosed. Summify works by allowing users to aggregate content from their social media accounts into daily summaries sent to subscribers' e-mail or mobile phones.

"Our long-term vision at Summify has always been to connect people with the most relevant news for them, in the most time-efficient manner. As hundreds of millions of people worldwide are signing up and consuming Twitter, we realized it's the best platform to execute our vision at a truly global scale," the company stated.

Twitter spokesperson Carolyn Penner was cited by tech news site Wired on Thursday saying co-founders Cristian Strat and Mircea Pasoi had created a product that "curates the best and most important stories in your Twitter timeline and Facebook newsfeed".

According to a Romanian business news site, Pasoi and Strat are two Romanian "hackers" who were passionate about technology and Internet startups. They both turned down job offers from Google and Facebook earlier in their careers, and had founded balaur.ro, a Romanian job search engine, it stated.

The co-founders, together with three other employees, will be joining Twitter's Growth team in its San Francisco office, Summify said.

Twitter's latest acquisition comes after the microblogging platform underwent a massive site revamp in December, which analysts said was necessary for it to grow its user base and ad revenue.

Talkback

Add your opinion

In order to post a comment, you need to be registered. (Sign In or register below)

Post your comment

Resource Centre Useful content from our premier sponsors

Latest Stories

Homegrown smartphone OSes gaining favor in China

Big data acquisitions pave way to fast, effective innovation

Integration, focused investments to propel Windows Phone

Better biz models needed for sustainability

Watch your mouth

ZDNet Asia Live

The key for mobile operators is identifying the applications that are popular with subscribers on their network. They can then work partn...

1 hour ago by camcullen on Experience trumps content in apps monetization

Experience trumps content in apps monetization | ZDNet http://t.co/gBXcjbGd

Experience trumps content in apps monetization - ZDNet Asia News: "What we are doing currently is not to monetiz... http://t.co/S2EZtd8m

Malaysia organizations don't realize severity of cyberattacks: "Minister Maximus Johnity Ongkili said at the Sec... http://t.co/bgVlOBvx

#security Malaysia organizations don't realize severity of cyberattacks: "Minister Maximus Johnity Ongkili said ... http://t.co/hkFb4zrI

Malaysia organizations don't realize severity of cyberattacks http://t.co/EEEmRM3j via @zdnetasia

Malaysia organizations don't realize severity of cyberattacks - ZDNet Asia News http://t.co/YpNMYgb5

Malaysia organizations don't realize severity of cyberattacks http://t.co/FFems54Q

China solar cell makers seek Taiwan partnerships http://t.co/p5Hh7kJD

Big data acquisitions pave way to fast, effective innovation http://t.co/hdiEfBsz via @zdnetasia

Integration, focused investments to propel Windows Phone: By Kevin Kwang , ZDNet Asia on May 23, 2012 (2 hours a... http://t.co/E7tsZbHJ

Integration, focused investments to propel Windows Phone http://t.co/u9TqjQ8C

ZDNet Asia IT Salary Benchmark 2012 http://t.co/rVwYlV7H

AsiaClassifiedToday. Integration, focused investments to propel Windows Phone - ZDNet Asia: S... http://t.co/47tdjZyG #asia #google #biz

Malaysian organizations are apathetic about information security and fail to realize they are potentially under... http://t.co/XeuvbXrs

Big data acquisitions pave way to fast, effective innovation - ZDNet Asia News http://t.co/vDZpl0lu

So much as we know , MTK6575 extremely integrated frequency1GHz ARM Cortex-A9 processor, the superiority of 3G / HSPA Modem, and help the...

1 day ago by y15822137359 on 5 SaaS adoption speed bumps to avoid

I reckon your view: "CRM is strategy, not software", if a company replicating the approach uses in ERP implementation into CRM, what they...

2 days ago by wykoong on Gartner: Mobile CRM gives better ROI than social

This video will teach you about the Excel fill handle but also provide you with a workook to download... http://www.youtube.com/watch?v=...

3 days ago by TradeBrother on A quick fill handle trick for Microsoft Excel

waiting...

5 days ago by eapete on What should count in a company's market value?

Boy, you've opened a can of worms now.

Wait for the rants & raves.

5 days ago by eapete on What should count in a company's market value?

I was puzzling before this whether to replicate the success formula we executed for a financial institute, and come out with a standard s...

5 days ago by wykoong on Drop the egos, copy ideas, then innovate

Keep up with ZDNet Asia

Facebook Join our fan page

RSS Feeds Subscribe now

NewslettersNewsletters Subscribe today

Twitter Follow us