Now, you can get real time updates on your search results. As we reported earlier, Twitter has struck a search deal with two of the largest search engines in the market -Bing and Google on the same day.  Bing and Google want to expand themselves into the real time search and they have now access to firehose of tweets, which they can show in their search results. Bing has also signed a similar kind of a deal with Facebook. A basic version of Twitter in Bing is already up while Google hasn’t implemented it yet in their search engine. There are other small search engines especially for Twitter search like OneRiot and Topsy, they will either get acquired by big players or face extinction.

Twitter didn’t release any details about the financial terms of the search deal. There are speculation that the deal could be multi-million dollar payment to Twitter or may also involve ad revenue sharing or there may be possibility that Twitter will be getting money per tweet shared with Bing and Google. Now the problem the search engine will face is to refine and rank tweets by relevance and blend it with search results, as the average number of tweets in a day is about 2-3 million. This may be done based on the profile of person using Twitter by giving social rank to any profile (similar to Google Page Rank) and also it can be based on number of retweets. Lets hope this deal takes search to a new level.

Follow-Up

Thumbs Up!

TechCrunch: Get Ready For The Firehose. Search Is About To Get Realtime, Real Fast  by Eric Schonfeld

paidContent: Google Follows Microsoft With Search Deal of Its Own  by Joseph Tartakoff

Neutral:

ReadWriteWeb: Google to Index Twitter & Enter Real-Time Search Market  by Jolie O’Dell

 Thumbs Down!

Scobleizer: The biggest loser in the Twitter Search Deal  by Robert Scoble 

Insight:

PC World: Social Search from Google and Bing: My 8 Big Concerns  by Jared Newman

Image Credit: reganreporters