Bloomberg L.P.

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Bank of America through their brokerage subsidiary Merrill Lynch.
bloomberg-lp

Some of the key events about Bloomberg L.P.

  • 1981
    Launched innovative financial analytics services for Wall Street firms
  • 1990
    Introduced the Bloomberg Terminal, revolutionizing access to real-time financial data
  • 1992
    Expanded into television broadcasting with the launch of Bloomberg Information TV
  • 1996
    Established Bloomberg News, a global news service focused on business and finance
  • 1998
    Faced criticism for inadequate Y2K preparations in its financial software
  • 2008
    Accused of violating customer privacy by allowing reporters access to client data
  • 2009
    Acquired BusinessWeek magazine, expanding its media presence
  • 2011
    Launched Bloomberg Government, providing data-driven policy analysis
  • 2011
    Criticized for lack of coverage on Occupy Wall Street protests
  • 2013
    Apologized for allowing journalists to access private client information through terminals
  • 2013
    Suspended chat room functions after allegations of inappropriate communications
  • 2014
    Introduced Bloomberg Beta, a venture capital fund focusing on early-stage startups
  • 2014
    Faced backlash for publishing an article that was perceived as anti-Semitic
  • 2015
    Launched Bloomberg Business, a new digital destination for business and financial news
  • 2015
    Experienced a significant system outage affecting global financial markets
  • 2016
    Criticized for lack of diversity in its workforce
  • 2017
    Created the Bloomberg Global Business Forum, bringing together world leaders and CEOs
  • 2017
    Accused of fostering a culture of sexual harassment and discrimination
  • 2019
    Faced controversy over coverage of Michael Bloomberg's presidential campaign
  • 2020
    Committed $40 million to help fight the global spread of COVID-19

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

Bloomberg L.P. Latest news

Sodexo's Aramark Acquisition Bid Faces Investor Skepticism

Sodexo's Aramark Acquisition Bid Faces Investor Skepticism

French catering giant Sodexo explores acquiring U. S. rival Aramark, sparking investor concerns. Stock drops 7% as market weighs debt risks and potential returns in low-margin sector.

Business, Economics • September 27 2024 , 10:13 AM  •  40 views
Japan's Kishida Urges Continued U.S. Global Leadership Before Election

Japan's Kishida Urges Continued U.S. Global Leadership Before Election

Outgoing Japanese PM Kishida emphasizes U. S. role in East Asia and globally, highlighting challenges to international order. He stresses Japan-U.S. alliance and calls for investment in Japan.

Economics, Politics • September 23 2024 , 02:44 PM  •  376 views
Vance's Faith-Driven Politics: Reconciling Love and Controversy

Vance's Faith-Driven Politics: Reconciling Love and Controversy

Senator JD Vance advocates for faith-based policies at a conservative event, emphasizing love and respect. His message contrasts with recent controversial remarks, highlighting political inconsistencies.

Society, Politics • September 17 2024 , 03:08 PM  •  854 views
Economic Warfare: The Double-Edged Sword of Global Sanctions

Economic Warfare: The Double-Edged Sword of Global Sanctions

Stephanie Baker's "Punishing Putin" explores the complexities of economic sanctions against Russia, revealing their limitations and unintended consequences in the ongoing geopolitical struggle.

Economics, Politics • September 13 2024 , 07:10 PM  •  355 views
China Plans Mortgage Rate Cut to Boost Housing Market Confidence

China Plans Mortgage Rate Cut to Boost Housing Market Confidence

China prepares to slash interest rates on existing mortgages by 80 basis points, aiming to revitalize the housing market and economy. This move comes as the mortgage market faces its first decline in two decades.

Business, Economics • September 13 2024 , 05:36 AM  •  1368 views
Colorado Man Convicted in Bloomberg Ranch Kidnapping Case

Colorado Man Convicted in Bloomberg Ranch Kidnapping Case

A Colorado man faces life imprisonment for kidnapping a housekeeper from Michael Bloomberg's ranch. The incident, involving a cross-state pursuit, ended with the victim's rescue in Wyoming.

Society • August 30 2024 , 01:35 AM  •  1879 views
ASML Shares Surge on Potential Exemption from U.S. China Export Curbs

ASML Shares Surge on Potential Exemption from U.S. China Export Curbs

ASML stock rises 5. 6% following reports of possible exclusion from new U.S. restrictions on China exports. The Dutch firm's crucial role in chipmaking and geopolitical tensions impact market dynamics.

Business, Economics, Science • July 31 2024 , 02:11 PM  •  1568 views