CompaniesTwitter acquires Magic Pony in video push

Twitter has acquired Magic Pony, a London-based machine learning start-up, as the messaging platform tries to bolster its video and live-streaming capabilities. Magic Pony specialises in creating algorithms that can understand pictures, which could be helpful to Twitter as it pushes further into live-streaming and moves away from a chronological timeline to a more curated Facebook-style newsfeed, reports Hannah Kuchler in San Francisco. The start-up has 14 engineers including 11 with PhDs and expertise across computer vision, the ability to understand pictures, machine learning and computational neuroscience, the study of how the brain processes information. Jack Dorsey, Twitter co-founder and chief executive, said the team was “small and mighty” and would continue to feed back its findings into the deep learning research community. “This team helps us with our goal…

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