Source: SAN FRANCISCO BUSINESS TIMES

Mitro: Twitter's New York shopping spree continues, this time it buys password startup Mitro

Twitter Inc. has acquired Mitro, a small tech startup that developed a way to securely share digital passwords, the company announced on its blog late Thursday. The exit is clean break for Mitro's original direction. They're joining Twitter to help improve the social media giant's geo-location services, which can prove lucrative because it helps advertisers better target potential customers. Mitro also made all their old code open-source, turning it over to a public community of developers. "We've…

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