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Bloomberg started as a technology company. Sure, they have expanded into media, but I'm pretty sure they are still first and foremost a provider of software (pl
by adenadel 9y ago
Bloomberg started as a technology company. Sure, they have expanded into media, but I'm pretty sure they are still first and foremost a provider of software (plus hardware) and data.
- raldi 9y agoI would bet that the Terminals are responsible for something like 140% of their profits, and that the media empire is a huge loss leader / vanity project.
- gaius 9y agoThe whole point of Reuters news is to inform traders about things that will lead to more trades being done over the Reuters platform, so it's entirely likely Bloomberg operates the same model.