Rumours floating across the blogosphere seem to suggest that both Microsoft and Google may be looking at getting access to Twitter's real-time data are in negotiations for licensing deals.
According to All Things Digital, Twitter is looking to sell valuable real time data in order to generate a major revenue stream and while deal may be non exclusive, it still is likely to bring in millions of dollars into Twitter’s kitty.
It is interesting to note that Twitter has recently managed to raise $100 million with investors valuing the company at somewhere close to $1 billion.
Many analysts believe that Twitter has been trying to monetise its popularity for some time now but it is yet to develop a lucrative revenue stream, a fact that also affects the overall valuation of the microblogging site.
Though not many details are available about the negotiations that are supposedly taking place, it is quite clear that the user generated real time data that Twitter possesses is a virtual treasure trove for online advertisers and both search giants will be eager to strike up a deal with Twitter.
With Twitter also trying to position itself as an information discovery service through its newly launched Lists feature, the chances of it securing a lucrative becomes even brighter.
Someone once said that there's nothing really free online, you only pay for it with your privacy (or by clicking randomly on the banners). Twitter shows that there is a significant value in analysing the data that is generated by the million of Twitter users every day. Microsoft and Google could possibly use the data to improve their search results.