Inside “the richest niche there is” — StockTwits announces new CEO, funding | PandoDaily: "... The biggest sign that StockTwits may be building something interesting was CNBC’s reaction to Melloy’s departure. The news that Melloy was joining StockTwits leaked several months ago, when BuzzFeed reported that the network was considering a breach of contract lawsuit since StockTwits is essentially a media company....StockTwits was an important tool for Melloy at CNBC, where he was in charge of shows like FastMoney. The constant flow of bull/bear opinions on stocks was a useful way to find stories as they were happening. For a news network that has to fill, fill, fill for 17 hours a day, it provided a valuable stream of consciousness feed of what viewers and traders were thinking at any given moment. “It helped guide my news judgement,” he says...."
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