ReadWriteWeb

Millions of tweets run through Twitter. It's the poster child for big data on the Web.

To get data out of Twitter and use it to track sentiment requires tools with considerable processing and computational capabilities.

BigSheets is a tool created by IBM that takes terabytes or even petabytes of Web data and turns it into information that provides business intelligence. The tool can be used for structured or unstructured data from internal or external sources. For instance, it can run streams of Twitter data for days, weeks or even months on particular keywords. That data can then be mashed up with internal information.

Sharein, the new bookmarklet-based service for link sharing, which launched earlier this summer, has just today introduced some new features which further solidify this up-and-comer as the new must-have tool for sharing links on the web. The service, already an easy way to share to Twitter, Facebook, and via email, is most notable for its ability to track statistics like views on the back end, a feature that should appeal to marketers looking for hard data on their social media efforts.

Today, the analytics feature has been enhanced to provide even more data than before, this time with a specific focus on Facebook shares. Also new today is the integration of Tweetmeme and Digg data into shares as well as YouTube stats for video shares. For anyone using Facebook to promote their content, Sharein has just made itself indispensable.

The US Office of Management and Budget issued new reporting guidelines this week for recipients of the $787 billion American Recovery and Reinvestment Act of 2009 and the normally polite geek watchdog organization the Sunlight Foundation has come out swinging.

"...[A]bsent from the new instruction is a requirement to make raw data public," Sunlight's co-founder and Executive Director, Ellen Miller, wrote this morning. "By not including raw data at Recovery.gov, transparency is dramatically reduced. Sunlight has argued strongly for raw data in machine readable formats as the starting point for Recovery.gov. This is a significant failure by the Administration to live up to its promise for full and complete disclosure. Significant failure."

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From May 19th to 20th, mediabistro will hold its Web 3.0 Conference in New York City at the New Yorker Hotel. The conference focuses on the semantic web, mashups, text and data analytics, and how they add real-world value to end users and businesses.