Text Analytics Suffers a Setback from Facebook

If you do text analytics and sentiment analysis then you've likely come to expect the open and free APIs from all the major social media sources as something that won't go away. But about 90 days ago Facebook withdrew open access to its Facebook posts data stream and made it available only to a select list of developers that support Facebook. This is quite a blow to the larger social media monitoring industry but may be just the first of many instances where the big social media sites decide to go proprietary in order to better monetize their information asset.