August 26, 2016
Single purpose API
After beta testing for almost a year, the Facebook Credits API is finally being opened to all developers. Before beta testing the service had been in very limited alpha testing for over six months before that. On July 1st, more than two years after the social networking site started working on the system, all Facebook-based games that process payments will be required to use only Facebook Credits. The 350 applications granted early access already account for 70% of such transactions. Facebook credits can be purchased by users at a rate of $0.10 each (with an additional 10 free when buying 100) and redeemed by application developers for $0.07, leaving Facebook with the balance.
Just in time for the next election season, the team at MAPLight.org offer the MAPLight.org API which enables developers to "illuminate the connection" between money and politics by providing detailed funding information for candidates for political office.
A partnership between a stock data site and open data platform Factual points to a potential direction of data sharing. Rather than build an API of its own, a company may choose to distribute its data through another platform, which in turn has the API for developers and other partners to access. That's the choice StockPup made and if monetization options were in place, others might do the same.