PPP KINGDOM

PPP KINGDOM

FEDERAL RESERVE WANTS TO MONITOR FACEBOOK, TWITTER—ARE YOU REALLY SCARED YET?

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The Federal Reserve Bank of New York is recognizing social media’s potential to shape public opinion, and requesting monitoring and analysis of Facebook and Twitter conversations.

The Fed’s “Request for Proposal for a Sentiment Analysis and Social Media Monitoring Solution” aims to identify online conversations by the public, bloggers, and other influencers for the department’s Communications Group. The program seeks to monitor billions of conversations on social media, generate text analytics, and also determine the sentiment of a speaker or writer with respect to some topic or document.

http://www.forbes.com/sites/mobiledia/2011/09/30/federal-reserve-wants-to-monitor-facebook-twitter/

Best Regards,

FINANCIAL WARRIOR

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