Late last week we reported on Yahoo's decision to shut down two of its APIs: the Term Extraction and the Contextual Web Search (our profiles of the Yahoo Term Extraction API and the Yahoo Search API). But in response to outcry from the developer community since that announcement, it looks like Yahoo will be keeping the Term Extraction alive.
Citi has announced the launch of a global Developer Hub and APIs that provide access to a number of Citi platform capabilities including account management, peer to peer payments, and money transfer to institutions. Services are currently available in Singapore, Australia, and the United States.
A trend is starting to emerge: Advanced technologies are being made available first as cloud services that organizations can invoke easily via an API, rather than having to figure out how to deploy and master themselves. The latest example of that trend is a cloud service from AlchemyAPI that takes advantage of machine learning and computer vision technologies to allow publishers and providers of ad networks to more easily monetize content.