Bloomberg Feels the Heat
ON BALANCE
Reuters and Telerate must be feeling relieved. A new vendor is the subject of the latest speculation: Bloomberg.
In the past few weeks, talk of datafeeds, staff defections, even a sale, has swirled.
Actually, even though the New York Post ran a story about the feed last week, we covered it last year (IMD, May 26, 2003).
It could improve competition. But customers worry about the depth of content, the technology and the commercial arrangements. Bloomberg may also be underestimating the higher cost
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