Twitter Introduces the $Cashtag
Move angers StockTwits
By Kevin Spak, Newser User
Posted Jul 31, 2012 10:09 AM CDT
In this June 23, 2010 file photo, a Twitter sign hangs at the offices of Twitter Inc., in San Francisco.   (AP Photo/Jeff Chiu, File)

(Newser) – Hashtags got a baby brother last night when Twitter rolled out a new feature allowing users to create clickable stock symbols by prefacing them with a dollar sign, an innovation people are already calling the "cashtag." If you were tweeting about Apple, for instance, you could include "$AAPL" in your tweet. Anyone clicking on that cashtag will see what people are saying about that company, TechCrunch reports.

Why didn't anyone think of this sooner? Well, someone did. StockTwits, a microblogging site for investors, has been using the dollar sign tag for years, and its co-founder isn't happy. "It's interesting that Twitter has hijacked our creation," he wrote on his blog. "It only took four years to 'fill' this hole, though a few months back they told me in a detailed email it was not a hole they wanted to fill." He predicts Twitter will have problems curating its content and notes that StockTwits has the investor community that Twitter doesn't.

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Showing 3 of 4 comments
Hawkmojama
Oct 23, 2014 11:16 AM CDT
Soon after this announcement, TickerChirp (http://tickerchirp.com) began archiving tweets by cashtag for thousands of publicly traded companies. It is already approaching a million archived cashtag tweets.
deezy
Jul 31, 2012 4:17 PM CDT
1. # is a number symbol (should we call a question mark a curvedottag ?) 2. the hatch tag symbol is called that because it looks like hatching (a style of shading) what retard at twitter called it a "hashtag" ? and now "cashtag" ? fuck i hate popular culture sometimes
Mad
Jul 31, 2012 11:02 AM CDT
"...curating its content..." What a wonderful turn of phrase. Folks who know me can expect me to use it soon.