This articleneeds additional citations forverification. Please helpimprove this article byadding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Bloomberg L.P." – news ·newspapers ·books ·scholar ·JSTOR(February 2025) (Learn how and when to remove this message) |
BloombergL.P. is an American privately held financial, software, data, and media company headquartered inMidtown Manhattan, New York City. It was co-founded byMichael Bloomberg in 1981, withThomas Secunda,Duncan MacMillan,Charles Zegar,[9] and a 12% ownership investment byBank of America through itsbrokerage subsidiaryMerrill Lynch.[10]
![]() | |
![]() | |
Company type | Private |
---|---|
Industry | Technology,financial technology,mass media |
Founded | October 1, 1981; 43 years ago (1981-10-01) |
Founders | |
Headquarters | Bloomberg Tower 731Lexington Avenue New York, NY 10022 U.S. |
Number of locations | 176 offices (2021) |
Area served | Worldwide |
Key people |
|
Revenue | ![]() |
Owner | Michael Bloomberg (88%) Others (12%)[citation needed] |
Number of employees | 21,000 |
Website | bloomberg.com |
Footnotes / references [1][2][3][4][5][6][7][8] |
Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and an equity trading platform, data services, and news to financial companies and organizations through theBloomberg Terminal (via its Bloomberg Professional Service), its corerevenue-generating product.[11] Bloomberg L.P. also includes anews agency (Bloomberg News), a global television network (Bloomberg Television), websites, radio stations (Bloomberg Radio), subscription-only newsletters, and two magazines:Bloomberg Businessweek andBloomberg Markets.[12]
As of 2019, the company has 176 locations and nearly 20,000 employees.[13][7][14]
History
editIn 1981,Salomon Brothers was acquired, andMichael Bloomberg, a general partner, was given a $10 million partnership settlement.[15] Bloomberg, having designed in-house computerized financial systems for Salomon, used his $10 million partnership buyout to start Innovative Market Systems (IMS).[16] Bloomberg developed and built his own computerized system to provide real-time market data, financial calculations and other financial analytics toWall Street firms. The Market Master terminal, later called the Bloomberg Terminal, was released to market in December 1982.[2]Merrill Lynch became the first customer, purchasing 20 terminals and a 30% equity stake in the company for $30 million in exchange for a five-year restriction on marketing the terminal to Merrill Lynch's competitors. Merrill Lynch released IMS from this restriction in 1984.[17]
In 1986, the company renamed itself Bloomberg L.P. (limited partnership).[18] Bloomberg launched Bloomberg Business News, later Bloomberg News, in 1990, withMatthew Winkler as editor-in-chief.[19] Bloomberg.com was first established on September 29, 1993, as a financial portal with information on markets,currency conversion, news and events, and Bloomberg Terminal subscriptions.[20]
In late 1996, Bloomberg bought back one-third of Merrill Lynch's 30 percent stake in the company for $200 million, valuing the company at $2 billion.[21] In 2008, facing losses during the financial crisis, Merrill Lynch agreed to sell its remaining 20 percent stake in the company back to Bloomberg Inc.,[22] majority-owned by Michael Bloomberg,[23] for a reported $4.43 billion, valuing Bloomberg L.P. at approximately $22.5 billion.[24][25]
Bloomberg L.P. has remained a private company since its founding, the majority of which is owned by billionaire Michael Bloomberg.[24] To run for the position ofMayor of New York againstDemocratMark Green in 2001, Bloomberg gave up his position of CEO and appointed Lex Fenwick as CEO in his stead.[26] In 2012,Peter Grauer became the chairman of the company, a role he still holds.[27] In 2008, Fenwick became the CEO of Bloomberg Ventures, a new venture capital division andDaniel Doctoroff, former deputy mayor in the Bloomberg administration, was named president and CEO, serving until September 2014.[28][29] At that point, it was announced that Michael Bloomberg would be taking the reins of his eponymous market data company from Doctoroff, who was chief executive of Bloomberg for the past six years after his term as deputy mayor.[30]
In May 2022, Bloomberg announced it would launch a new venture in the UK, Bloomberg UK, as part of a wider international strategy. Bloomberg UK plans to hire in the region and has launched a standalone website, a weekly video series, a podcast and new event series.[31] In August 2023, Michael Bloomberg announced a series of leadership changes for the company, with Chief Product Officer Vladimir Kliatchko assuming the role of CEO and Chief Operating Officer Jean-Paul Zammitt assuming the role of President. He also announced a new board of directors which would be chaired byMark Carney, taking over fromPeter Grauer and that existing board members would move to "Emeritus Status".[32]
Senior leadership
editList of chairs
edit- Michael Bloomberg (1981–2001)
- Peter Grauer (2001–2023)
- Mark Carney (2023–present)
List of chief executives
edit- Michael Bloomberg (1981–2001, 2014–2023)
- Alexius "Lex" Fenwick (2001–2008)
- Daniel Doctoroff (2008–2014)
- Michael Bloomberg (2014–2023)
- Vladimir Kliatchko (2023–present)
Acquisitions
editSince its founding, Bloomberg L.P. has made several acquisitions including the radio stationWNEW,BusinessWeek magazine, research company New Energy Finance, theBureau of National Affairs and the financial software company Bloomberg PolarLake. On July 9, 2014, Bloomberg L.P. acquired RTS Realtime Systems, a global provider of low-latency connectivity and trading support services.[33] On August 13, 2019, Bloomberg acquired RegTek.Solutions in a move to expand its suite of regulatory reporting and data management services.[34]
On March 13, 2023, Bloomberg entered into agreement to acquire Broadway Technology, a provider of high-performance trading systems and fixed income trading solutions.[35]
Bloomberg Radio (formerly WNEW)
editIn 1992, Bloomberg L.P. purchased New York Radio station WNEW for $13.5 million. The station was converted into an all-news format, known asBloomberg Radio, and the call letters were changed to WBBR.[36]
Bloomberg Businessweek (formerly BusinessWeek)
editBloomberg L.P. bought a weekly business magazine,BusinessWeek, fromMcGraw-Hill in 2009. The company acquired the magazine—which was suffering from declining advertising revenue and limited circulation numbers—to attract general business to its media audience composed primarily of terminal subscribers.[37] Following the acquisition,BusinessWeek was renamedBloomberg Businessweek. In 2018, Joel Weber was named editor of the magazine.[38]
New Energy Finance
editIn 2009, Bloomberg L.P. purchased New Energy Finance, a data company focused on energy investment and carbon markets research based in the United Kingdom.[39] New Energy Finance was created byMichael Liebreich in 2004, to provide news, data and analysis on carbon and clean energy markets. Bloomberg L.P. acquired the company to become an industry resource for information to support low-carbon energy development. It was renamed to Bloomberg New Energy Finance or BNEF for short. Liebreich continued to lead the company, serving as the chief executive officer[40] until 2014, when he stepped down as CEO but remained involved as chairman of the advisory board.[41]
The company has been renamed BloombergNEF—or BNEF for short. BloombergNEF has expanded its research areas to cover renewable energy, advanced transport, digital industry, innovative materials, sustainability and commodities.[42][43] BNEF provides research, long-term forecasts, analytical tools and global in-depth analysis covering a wide range of energy and related industries. Analysts covering 6 continents publish more than 700 research reports a year.[44][45]
Bureau of National Affairs (BNA)
editBloomberg L.P. purchased Arlington, Virginia-basedBureau of National Affairs in August 2011, for $990 million to bolster its existingBloomberg Government andBloomberg Law services.[46] BNA publishes specialized online and print news and information for professionals in business and government. The company produces more than 350 news publications in topic areas that include corporate law and business, employee benefits, employment and labor law, environment, health and safety, health care, human resources, intellectual property, litigation, and tax and accounting.[47]
Bloomberg PolarLake
editIn May 2012, Bloomberg L.P. acquired Dublin-based software provider PolarLake and launched a newenterprise data management service to help companies acquire, manage, and distribute data across its organizations.[48]
Barclays indices business
editOn December 16, 2015, it was announced thatBarclays had agreed to sell itsindex business, Barclays Risk Analytics and Index Solutions Ltd (BRAIS), to Bloomberg L.P. for £520 million, or about $787 million.[49] The company will be renamed Bloomberg Index Services Limited.
Bloomberg sports analysis
editIn September 2014, Bloomberg sold its Bloomberg Sports analysis division to the data analysis firm STATS LLC (nowStats Perform) for a fee rumored to be between $15 million and $20 million.[50]
CityLab
editOn December 10, 2019, Bloomberg Media announced that it has reached an agreement to acquireCityLab,The Atlantic's news site covering transportation, environment, equity, life, and design. This was Bloomberg's first acquisition of an editorial property by the news and financial data company in over a decade.[51]
Products and services
editBloomberg Professional Services
editIn 2011, sales from the Bloomberg Professional Services, also known as theBloomberg Terminal, accounted for more than 85 percent of Bloomberg L.P.'s annual revenue.[52] Thefinancial data vendor's proprietary computer system, starting at $24,000 per user per year,[53] allows subscribers to access the Bloomberg Professional service to monitor and analyze real-time financial data, search financial news, obtain price quotes and send electronic messages through the Bloomberg Messaging Service. The Terminal covers both public and private markets globally.[54]
Bloomberg News
editBloomberg News was co-founded by Michael Bloomberg andMatthew Winkler in 1990, to deliver financial news reporting to Bloomberg terminal subscribers. In 2000, Bloomberg News included more than 2,300 editors and reporters in 100 countries.[55] Content produced by Bloomberg News is disseminated through the Bloomberg terminal, Bloomberg Television, Bloomberg Radio,Bloomberg Businessweek, Bloomberg Markets and Bloomberg.com. Since 2015,John Micklethwait has served aseditor-in-chief.[56]
Bloomberg Radio
editBloomberg Television
editBloomberg Television, a service of Bloomberg News, is a 24-hour financial news television network. It was introduced in 1994, as a subscription service transmitted on satellite television providerDirecTV, 13 hours a day, 7 days a week.[57] The network has taken over the channel space of the-defunctFinancial News Network and hired most of the former FNN employees. Soon after, the network entered the cable television market and by 2000, Bloomberg's 24-hour news programming was available to 200 million households.[58]Justin B. Smith is CEO of Bloomberg Multimedia Group which includes Bloomberg Radio, Bloomberg Television and online components of Bloomberg's multimedia offerings.[59]
Bloomberg Markets
editBloomberg Markets is a monthly magazine launched in 1992, that provides in-depth coverage of global financial markets for finance professionals.[60] In 2010, the magazine was redesigned in an effort to update its readership beyond Bloomberg terminal users.[61] Michael Dukmejian has served as the magazine's publisher since 2009.[62]
Bloomberg Pursuits
editBloomberg Pursuits was a bimonthlyluxury magazine distributed to Bloomberg terminal users and to newsstands. It ceased publication in 2016. A digital edition and show on Bloomberg Television continue under the same name.[63]
Bloomberg Entity Exchange
editBloomberg Entity Exchange is aweb-based, centralised and secure platform forbuy side firms,sell side firms,corporations and insurance firms,banks or brokers to fulfillKnow Your Customer (KYC) compliance requirements. It was launched on May 25, 2016.[64][65]
Bloomberg Government
editLaunched in 2011,Bloomberg Government is an online service that provides news and information about politics, along with legislative and regulatory coverage.[66][67]
Bloomberg Law
editIn 2009, Bloomberg L.P. introducedBloomberg Law, a subscription service for real-time legal research.[68] A subscription to the service provides access to law dockets, legal filings, and reports from Bloomberg legal analysts as well as business news and information.[69]
Bloomberg Opinion
editBloomberg Opinion, formerly Bloomberg View, is an editorial division of Bloomberg News which launched in May 2011.[70] The site provides editorial content from columnists, authors and editors about news issues and is available for free on the company's website.[71]David Shipley, former Op-Ed page editor atThe New York Times, is Bloomberg Opinion's executive editor.[72]
Bloomberg Tradebook
editBloomberg Tradebook is an electronic agencybrokerage for equity, futures, options and foreign exchange trades.[73] Its "buyside" services include access to trading algorithms, analytics and marketing insights, while its "sellside" services include connection to electronic trading networks and global trading capabilities.[74] Bloomberg Tradebook was founded in 1996, as an affiliate of Bloomberg L.P.[73]
Bloomberg Beta
editBloomberg Beta is aventure capital firm capitalized by Bloomberg L.P.[75] Founded in 2013, the $75 million fund is focused on investments in areas broadly of interest to Bloomberg L.P., and invests purely for financial return. It is headquartered inSan Francisco.[76]
Bloomberg Innovation Index
editThe Bloomberg Innovation Index is an annualranking of howinnovative countries are. It is based on six criteria:research and development,manufacturing,high-tech companies,post-secondary education, research personnel, andpatents.[77][78] Bloomberg uses data from theWorld Bank, theInternational Monetary Fund, theWorld Intellectual Property Organization, theUnited States Patent and Trademark Office, theOECD andUNESCO to compile the ranking.[79]
Open Bloomberg
editBloomberg has openly licensed its symbology system (Bloomberg Open Symbology, BSYM), and financial dataAPI (Bloomberg Programming API, BLPAPI).[80]
Bloomberg Live
editBloomberg Live is a series of conferences targeted towards business people.[81]
Bloomberg Quicktake
editQuicktake (formerly TicToc) is Bloomberg's social media brand. Originally launched onTwitter, it was expanded to other platforms includingFacebook,Instagram,YouTube and is also available onAmazon'sAlexa. It will also play at several screens across multiple airports in theUnited States andCanada. The platform is managed by a team of 70 people, consisting of editors, producers and social media specialists located across three bureaus in New York, London and Hong Kong.[82] In December 2019, TicToc was renamed "QuickTake by Bloomberg" in order to avoid confusion with the social media platformTikTok.[83] Thecamel case and the word "by" were later eliminated, and "Bloomberg" was moved in front of "Quicktake", although the two words do not always appear together.[84]
Bloomberg New Economy Forum
editBloomberg New Economy Forum is an invitation-only event for business executives, government officials, and academics.[citation needed] The inaugural event was held in 2018 in Singapore. In 2019, the forum took place in Beijing, China.[85] In 2020 the event was held virtually. Both the 2021 and 2022 events were held in Singapore.[86]
The Bloomberg New Economy Forum Community includes leaders from the public and private sectors from around the world. 2018 participants represented more than $5.36 trillion in market cap and boasted a roster of over 400 delegates from around the world.[citation needed] Forum advisory board members include former U.S. Secretary of StateHenry A. Kissinger, former U.S. Secretary of the TreasuryHank Paulson, Vice Premier of ChinaZeng Peiyan,Bill Gates,Mukesh Ambani,Janet Yellen,Ursula Burns,Gary Cohn,Orit Gadiesh,Walter Isaacson,Yoriko Kawaguchi, Martin Lau,Jorge Paulo Lemann,Jean Liu,Strive Masiyiwa, and others.[87] Founding partners of the forum included3M,ADNOC,Dangote,ExxonMobil,FedEx,HSBC,Hyundai,Mastercard,Microsoft, andSoftbank.[88]
In 2021, the company initiated the Bloomberg New Economy Catalysts program[89] to spotlight the work of changemakers and its impact on the world.[90] Individuals selected as New Economy Catalysts included:Noubar Afeyan,Sarah Al Amiri,Yvonne Aki-Sawyerr,Ankiti Bose, Justin Gong,Sarah Hanson-Young,Rachel Haurwitz,Cristina Junqueira,Kieran Long,Ma Jun,K. Megan MacArthur,Sara Menker, Daniel Metzler,Nick Molnar,Nthabiseng Mosia, Matias Muchnick,Aurelia Nguyen, Sara Spangelo,Anthony Tan, andDanielle Wood[91]
The 2022 cohort included:Anna Luisa Beserra,Odunayo Eweniyi,Angel Hsu, Emiliano Kargieman, Carrie Chan, Gregory Rockson, Gloria Walton, andAmira Yahayaoui.[92]
Bloomberg Línea
editBloomberg Línea is a partnership launched in 2021 to serve Spanish, Portuguese and English speaking Latino audiences.[93]
Bloomberg Intelligence
editBloomberg Intelligence (BI) is Bloomberg's research division. It provides data and analytics on global markets. It is available exclusively on the Bloomberg Terminal and the Bloomberg Professional App.[94][95]
Offices
editLocations
editBloomberg L.P.'s headquarters is located in731 Lexington Avenue (informally known as Bloomberg Tower) in Midtown Manhattan, New York City.[96] As of 2011[update], Bloomberg L.P. occupied 900,000 square feet (84,000 m2) of office space at the base of the tower. The company's New York offices also include 400,000 square feet (37,000 m2) located at 120 Park Avenue.[97] It maintains offices in 167 locations around the world,[4] includingBloomberg London, its European headquarters.[98]
Corporate culture
editThe Bloomberg L.P. offices are non-hierarchical – even executives do not have private offices.[47] All employees sit at identical white desks each topped with a custom-built Bloomberg computer terminal. The office space also includes rows of flat-panel monitors overhead that display news, market data, the weather and Bloomberg customer service statistics.[99]
Leadership
editBloomberg L.P.'s Management Committee includesMichael Bloomberg,Peter Grauer, andThomas Secunda.[100]
Controversies
editThis article's"criticism" or "controversy" sectionmay compromise the article'sneutrality. Please help rewrite or integrate negative information to other sectionsthrough discussion on thetalk page.(November 2024) |
Turner Construction and Bloomberg LP construction scandal
editBetween 2010 and 2017, a "pay-to-play" scheme went along between twoTurner Construction executives, two Bloomberg executives; and vendors and subcontractors involving interior construction at the Bloomberg offices including its headquarters at 731 Lexington Ave.[101] In July 2020, Bloomberg's construction manager Michael Campana was sentenced to two years in prison for tax evasion on $420,000 in connection with accepting bribery.[102][103][104] The bribery was in the form of cash, work on personal property, Super Bowl tickets and payment for Campana's wedding.[105]
On September 29, 2020, Anthony Guzzone, the Director of Global Construction at Bloomberg from 2010 and 2017, pleaded guilty to evading taxes on over $1.45 million he received in bribes from construction subcontractors in exchange for being awarded work performed for Bloomberg. Guzzone accepted more than $5.1 million in bribes. He was sentenced to prison for three years and two months in January 2021[106][107][108][109]
Lawsuits
editOlszewski v. Bloomberg L.P.
editIn 1996, former Bloomberg L.P. sales representative Mary Ann Olszewski sued the company, alleging that she was drugged and raped by her supervisor, Bryan Lewis, and claimed she was terminated shortly after reporting the incident in a May 25, 1995, meeting.[110][111] The lawsuit also alleged the company internally investigated Olszewski, attempting to get coworkers to portray her as "flirtatious" or a "sex hound."[111] Olszewski also claimed that male employees at the company engaged in the "sexual degradation of women" and that the company "took no steps to prevent or curtail the ongoing sexual harassment of female employees by Michael Bloomberg."[110] Bloomberg, on behalf of Bloomberg L.P., testified that he was made aware of the rape allegation and offered to move Olszewski into another sales unit.[111] Bloomberg also testified that he did not find Olszewski's allegation genuine because there was not "an unimpeachable third-party witness" present during the alleged event, elaborating that "there are times when three people are together."[112]
The case was dismissed by a federal judge in 1999 after Olszewski's lawyer had ignored repeated deadlines to submit a response to amotion to end the case. The case was re-opened by another lawyer in 2000, but disappeared from thecourt docket in 2001.[111]
Sekiko Sakai Garrison v. Michael Bloomberg and Bloomberg L.P.
editIn 1997, former Bloomberg L.P. sales executive Sekiko Sakai Garrison filed a lawsuit against the company and Michael Bloomberg, allegingsexual harassment andwrongful termination.[113][114] Garrison alleged that when she told Bloomberg that she was pregnant, he told her to "Kill it!" and said "Great! Number 16," referring to the number of women in the company who were pregnant or onmaternity leave at the time.[112] According to the lawsuit, Garrison told a manager about the incident but was told to "forget it ever happened" before being fired.[110]
Garrison also claimed that Bloomberg told female salespeople to "line up to give him [oral sex] as a wedding present," referring to a male employee who was getting married.[110] The lawsuit also alleged that Bloomberg berated a female employee who had trouble finding a nanny, saying, "It's a f------ baby! All it does is eat and s---! It doesn't know the difference between you and anyone else! All you need is some black who doesn't even have to speak English to rescue it from a burning building!"[110][113]
The company did not admit any wrongdoing, butsettled the lawsuit out of court in 2000.[111]
EEOC v. Bloomberg L.P.
editIn September 2007, theEqual Employment Opportunity Commission (EEOC) filed aclass-action lawsuit against Bloomberg L.P. on behalf of more than 80 female employees who argued that Bloomberg L.P. engaged in discrimination against women who tookmaternity leave.[115] In August 2011, JudgeLoretta A. Preska of the federalUnited States District Court for the Southern District of New York in Manhattan dismissed the charges, writing that the Equal Employment Opportunity Commission did not present sufficient evidence to support its claim.[116]
In September 2013, Preska dismissed an EEOC lawsuit on behalf of 29 pregnant employees of Bloomberg L.P.[117] In addition, she dismissed pregnancy bias claims from five individual plaintiffs, and allowed part of the case from a sixth plaintiff to proceed.[118]
Bloomberg L.P. v. Board of Governors of the Federal Reserve
editBloomberg L.P. brought alawsuit against theBoard of Governors of theFederal Reserve System (Bloomberg L.P. v. Board of Governors of the Federal Reserve System) to force the Fed to share details about its lending programs during theU.S. Government bailout in 2008.[119] The records documented Federal Reserve loans issued to financial firms and revealed the identities of the firms, the amounts borrowed and the collateral posted in return.[120] Bloomberg L.P. won at the trial court level.[121] TheSecond Circuit Court ruled in favor of Bloomberg L.P. in March 2010, but the case was appealed to theSupreme Court by a group of large U.S. commercial banks in October. In March 2011, the Supreme Court let stand the Second Circuit Court ruling mandating the release of Fed bailout details.[122]
Bloomberg L.P. v. Bloomberg Ltd
editOn October 22, 2008, Bloomberg L.P. applied for a change of name of Bloomberg Ltd, under s. 69(1)(b) of theCompanies Act 2006. Bloomberg L.P. then amended its name to Bloomberg Finance Three L.P. Bloomberg Ltd was ordered at theCompany Names Tribunal on May 11, 2009, to change its name so as to not have a name that would likely interfere, by similarity, with the goodwill of Bloomberg Finance Three L.P. as well as to pay costs.[123]
Nafeesa Syeed v. Bloomberg L.P.
editAccording to a recent case in August 2020, Bloomberg L.P. is again being charged with discrimination against black and non-white workers. Nafeesa Syeed, who served at Bloomberg for around four years as a national security reporter and Middle East reporter, sued the corporation in New York city court for sexism based on her gender and her ethnicity as a South Asian-American. Bloomberg faces a related complaint by a former saleswoman, who filed under a pseudonym in June and the corporation is now seeking to compel a public release of her name. Throughout both cases the same law firm represents the plaintiffs.[124]
Fossil fuel advertising
editAn investigation bythe Intercept,the Nation, andDeSmog found that Bloomberg L.P. is one of the leading media outlets that publishes advertising for thefossil fuel industry.[125] Journalists who coverclimate change forBloomberg News are concerned thatconflicts of interest with the companies and industries thatcaused climate change andobstructed action will reduce the credibility of their reporting on climate change and cause readers to downplay theclimate crisis.[125]
2024 Russian prisoner exchange
editWhile the2024 Russian prisoner exchange was still in progress, Bloomberg News broke anews embargo by reporting information provided by the White House. Other publications, including theWall Street Journal, criticized Bloomberg for breaking the embargo, potentially jeopardizing the exchange, and for a Bloomberg editor's apparent boasting for being the one to first publish a breaking news story.[126]
See also
editReferences
edit- ^"Washington Friday Journal".C-SPAN. April 26, 1996. RetrievedJanuary 20, 2010.
Started the company the day after I left Salomon Brothers, October 1, 1981, so we're coming on our fifteenth year – anniversary.
- ^abMcCracken, Harry (October 6, 2015)."How the Bloomberg Terminal Made History—And Stays Ever Relevant".Fast Company. RetrievedFebruary 27, 2020.
- ^"The Bloomberg Bunch".CNNMoney. RetrievedDecember 13, 2011.
- ^ab"About Bloomberg". Bloomberg. RetrievedMay 29, 2019.
- ^"#10 Michael Bloomberg".Forbes. 2018. RetrievedOctober 17, 2018.
- ^"Merrill Lynch sells its 20% Bloomberg stake for $4.5bn".The Guardian. July 17, 2008. RetrievedApril 24, 2023.
- ^abCampbell, Dakin; Kelley, Trista."A leaked memo shows Bloomberg reached $10 billion in annual revenue last year, and some insiders will receive a special bonus".Business Insider. RetrievedMay 29, 2019.
- ^"Bloomberg overhauls management team with Mark Carney to lead new board".The Financial Times. August 21, 2023. RetrievedAugust 23, 2023.
- ^"Facebook's Zuckerberg Joins Gates, Buffett in Pledge". Bloomberg. December 9, 2010. RetrievedJanuary 3, 2012.
- ^"Bloomberg LP History". FundingUniverse. RetrievedJuly 17, 2010.
- ^"What is a Bloomberg Terminal or Bloomberg Machine?". About.com. Archived fromthe original on July 8, 2012. RetrievedJuly 17, 2010.
- ^"The Bloomberg Juggernaut".American Journalism Review. March 1, 2011. Archived fromthe original on October 12, 2012. RetrievedOctober 26, 2011.
- ^"Michael Bloomberg to be Harvard Business School's Class Day Speaker".Harvard Business School. March 29, 2019. RetrievedDecember 23, 2024.
- ^"Global Roles | Careers".Bloomberg L.P. January 27, 2021. RetrievedDecember 22, 2021.
- ^Whitford, David (May 12, 1997)."Fire in His Belly, Ambition in His Eyes, Michael Bloomberg Could Have Sat on the Millions He Made at Salomon. Instead He Built a Media Empire That Gives Wall Streeters Crucial Information in a Flash".CNN Money. RetrievedApril 11, 2013.
- ^"Michael Bloomberg".Encyclopaedia Britannica. February 10, 2020. RetrievedFebruary 27, 2020.
- ^Bodine, Paul (2004).Make It New: Essays in the History of American Business. iUniverse. p. 182.ISBN 9780595309214. RetrievedFebruary 27, 2020.[self-published source]
- ^Lesemann, Mara (October 24, 2019)."Here's Why Bloomberg Stock Doesn't Exist".Investopedia. RetrievedFebruary 27, 2020.
- ^Roush, Chris."Bloomberg News".Encyclopaedia Britannica. RetrievedFebruary 27, 2020.
- ^"Decision: Bloomberg L.P. v. David Cohen". National Arbitration Forum. Archived fromthe original on August 1, 2013. RetrievedApril 11, 2013.
- ^"Bloomberg Buys Back Stake From Merrill for $200 Million".Wall Street Journal. December 17, 1996.
- ^"Quarterly Reports on Form 10-Q". Securities and Exchange Commission. August 5, 2008.
- ^Lee, Edmund (January 26, 2016)."Mike Bloomberg Is Worth $49 Billion, Much More Than Most People Thought". recode.net.
- ^abde la Merced, Michael J.; Story, Louise (July 17, 2008)."Bloomberg Expected to Buy Merrill's Stake in His Firm".The New York Times. RetrievedOctober 26, 2011.
- ^"Merrill posts $4.9 billion loss, sells Bloomberg stake". Reuters. July 18, 2008. RetrievedOctober 26, 2011.
- ^"Leadership – Lex Fenwick". Dow Jones. Archived fromthe original on December 2, 2013. RetrievedApril 11, 2013.
- ^"Chairman – Chairman of Bloomberg L.P." Bloomberg L.P. RetrievedApril 11, 2013.
- ^Stelter, Brian (July 12, 2011)."Doctoroff Named Chief Executive of Bloomberg L.P."The New York Times. RetrievedDecember 20, 2011.
- ^Sorkin, Andrew Ross (September 3, 2014)."Michael Bloomberg to Return to Lead Bloomberg L.P."The New York Times.ISSN 0362-4331. RetrievedNovember 7, 2019.
- ^"Bloomberg to take helm at data group".Financial Times. September 4, 2014. Archived fromthe original on December 10, 2022. RetrievedSeptember 4, 2014.
- ^Silvera, Ian."Why people really pay for news".www.news-future.com. RetrievedMay 13, 2022.
- ^Thomas, Daniel; Nicolaou, Anna (August 21, 2023)."Bloomberg overhauls management team with Mark Carney to lead new board".Financial Times. RetrievedAugust 22, 2023.
- ^"Bloomberg Acquires RTS Realtime Systems". Bloomberg Now. RetrievedJuly 9, 2014.
- ^"Bloomberg acquires RegTek.Solutions to expand reporting hub - The TRADE".thetradeиышnews.com. August 14, 2019. RetrievedNovember 7, 2019.
- ^"Bloomberg Enters Agreement to Acquire Broadway".Bloomberg L.p.
- ^Fabrikant, Geraldine (August 15, 1992)."Bloomberg to Pay $13 Million for WNEW-AM".The New York Times. RetrievedOctober 27, 2011.
- ^"Bloomberg to take over BusinessWeek".NBC News. October 14, 2009. RetrievedJuly 22, 2011.
- ^"Exclusive: Joel Weber named editor of Bloomberg Businessweek".Axios. January 4, 2018. RetrievedNovember 7, 2019.
- ^"Bloomberg Acquires New Energy Finance". Sustainable Business. RetrievedJuly 26, 2011.
- ^"Bloomberg Bets on Carbon Markets". The Green Economy. Archived fromthe original on March 22, 2012. RetrievedJuly 26, 2011.
- ^"Bloomberg New Energy Finance founder to chair advisory board, joined by Tanaka, Rogers". Bloomberg New Energy Finance. Archived fromthe original on April 24, 2015.
- ^"Latest BNEF Report Finds Levelized Cost Of Renewables Continues To Fall".CleanTechnica. October 31, 2019. RetrievedNovember 7, 2019.
- ^"GIG, BNEF Launch Tool to Assess Climate Benefits of Wind and Solar Assets | News | SDG Knowledge Hub | IISD".IISD's SDG Knowledge Hub. RetrievedNovember 7, 2019.
- ^"BloombergNEF | Bloomberg Finance L.P."BloombergNEF. RetrievedNovember 7, 2019.
- ^Ambrose, Jillian (October 14, 2019)."Rise of renewables may see off oil firms decades earlier than they think".The Guardian.ISSN 0261-3077. RetrievedNovember 7, 2019.
- ^Roose, Kevin (August 25, 2011)."Bloomberg L.P. To Buy BNA for $990 Million".The New York Times. RetrievedDecember 12, 2011.
- ^abSummers, Nick (November 21, 2011)."Bloomberg's Plan for World Domination".Newsweek. RetrievedJuly 10, 2017.
- ^"Bloomberg Acquires PolarLake and Launches EDM Services".Bloomberg Professional Services. Bloomberg PolarLake. May 22, 2012. Archived fromthe original on December 22, 2017. RetrievedJanuary 7, 2018.
- ^"Bloomberg to Acquire Barclays Risk Analytics and Index Solutions Business". Bloomberg L.P. December 16, 2015.
- ^"Bloomberg sells sports analysis division to STATS" (Press release). Reuters. September 4, 2014.Archived from the original on October 19, 2015. RetrievedJune 30, 2017.
- ^"Bloomberg Media to Acquire CityLab From The Atlantic".The Atlantic. December 10, 2019.
- ^"Inside the Bloomberg Machine". Wall Street and Technology. March 22, 2011. RetrievedOctober 21, 2018.
- ^"This is how much a Bloomberg terminal costs". Quartz. May 15, 2013. RetrievedDecember 10, 2015.
- ^"How Bloomberg Will Fare in the Financial Crisis".BusinessWeek. Archived fromthe original on October 31, 2011. RetrievedOctober 28, 2011.
- ^"Bloomberg Editor Casts a Wider Net".Financial Times.Archived from the original on December 10, 2022. RetrievedOctober 27, 2011.
- ^Greenberg, Julia (September 2, 2015)."Bloomberg's Future is the Future of News For Everyone".Wired. RetrievedSeptember 3, 2015.
- ^Clifford, Stephanie; Creswell, Julie (November 14, 2009)."At Bloomberg, Modest Strategy to Rule the World".The New York Times. RetrievedOctober 27, 2011.
- ^Hakim, Danny (September 18, 2000)."Bloomberg Unit To Announce A Cable Deal".The New York Times. RetrievedOctober 28, 2011.
- ^"BLOOMBERG LP NAMES JUSTIN B. SMITH CEO OF BLOOMBERG MEDIA GROUP". Bloomberg LP. RetrievedNovember 20, 2013.
- ^"Bloomberg Markets". Business & Finance Magazines. RetrievedApril 17, 2013.
- ^Moses, Lucia (June 13, 2011)."Bloomberg Strikes Again".AdWeek. RetrievedSeptember 15, 2011.
- ^"Michael Dukmejian Joins BLOOMBERG MARKETS Magazine As Publisher". Reuters. Archived fromthe original on November 14, 2012. RetrievedDecember 20, 2011.
- ^"Bloomberg Pursuits Ends Print Magazine - Folio".Folio. December 5, 2016. RetrievedMay 9, 2018.
- ^Barnes, Rosemary (May 25, 2016)."Bloomberg Unveils Entity Exchange to Ease Counterparty Onboarding Process". Finance Magnates. RetrievedApril 6, 2017.
- ^"Beyond KYC".Bloomberg Professional Services. Bloomberg L.P. RetrievedApril 6, 2017.
- ^Peters, Jeremy W. (October 10, 2010)."Bloomberg Plans a Data Service on the Business of Government".The New York Times. RetrievedJuly 26, 2011.
- ^Rainey, James (May 28, 2011)."Bloomberg's news venture is good news for those willing to pay".Los Angeles Times. RetrievedDecember 20, 2011.
- ^Adams, Russell (July 8, 2010)."Bloomberg Hangs New Shingle".Wall Street Journal. MarketWatch. RetrievedOctober 28, 2011.
- ^"About Bloomberg Law". Bloomberg L.P. RetrievedOctober 28, 2011.
- ^"Bloomberg View reveals columnists, editorial board". Politico. RetrievedOctober 28, 2011.
- ^"Bloomberg View Launches New opinion site is part of Bloomberg.com redesign".AdWeek. May 24, 2011. RetrievedOctober 28, 2011.
- ^Bercovici, Jeff."Bloomberg View: Opinions, Yes, But Only Factual Ones".Forbes. RetrievedOctober 28, 2011.
- ^ab"Bloomberg Tradebook Overview". Bloomberg Tradebook. RetrievedAugust 23, 2011.
- ^"Bloomberg Expands Tradebook Offering to Brokers". Traders Magazine Online. RetrievedAugust 23, 2011.
- ^"Bloomberg Beta Launches With $75 Million Technology Venture Fund". Bloomberg NOW (press release). RetrievedJune 2, 2014.
- ^Perloth, Nicole (June 5, 2013)."Bloomberg Begins Fund to Invest in Start-Ups".The New York Times. RetrievedSeptember 25, 2015.
- ^"The Bloomberg Innovation Index". Bloomberg.
- ^"Bloomberg's Global Innovation Index ranks S. Korea 1st, snubs U.S. at 6th place". Geektime. Archived fromthe original on April 2, 2015. RetrievedAugust 23, 2015.
- ^"30 Most Innovative Countries: Who Took Home the Gold?". Bloomberg.
- ^"Open Market Data Initiative"(PDF). Bloomberg. February 1, 2002. Archived fromthe original(PDF) on March 13, 2013. RetrievedJanuary 12, 2014.
- ^"Bloomberg Live".Bloomberg Live. RetrievedMay 5, 2018.
- ^Spangler, Todd (December 19, 2018)."Bloomberg Is Expanding TicToc Social News Network Beyond Twitter, After Hitting Year-One Goals".Variety. RetrievedJune 1, 2019.
- ^Spangler, Todd (December 3, 2019)."Bloomberg Renames TicToc News Service QuickTake, Partly to Avoid Confusion With Chinese TikTok App (EXCLUSIVE)".Variety. RetrievedDecember 4, 2019.
- ^"A look at the Bloomberg Quicktake logo design". November 8, 2020.
- ^"Michael Bloomberg to host high-profile business forum in Beijing".South China Morning Post. May 21, 2019. RetrievedJune 18, 2019.
- ^"Bloomberg Forum attendees' special COVID treatment sparks Singapore debate".Fortune. RetrievedJuly 19, 2023.
- ^Talev, Margaret (September 15, 2019)."Beijing as the new Davos? Inside Bloomberg's plan".Axios.
- ^Paulson, Hank; Peiyan, Zeng (October 3, 2018)."400 of the World's Most Influential Business and Government Leaders to Attend Bloomberg's First-Ever New Economy Forum in Singapore on November 6-7, 2018 | Bloomberg L.P." RetrievedJune 18, 2019.
- ^"Catalysts Homepage".Bloomberg New Economy. RetrievedAugust 8, 2023.
- ^Whitaker-Moore, Aja (June 9, 2021)."Bloomberg's plan to take on Davos and the world's greatest challenges".Axios.
- ^"Bloomberg New Economy Catalysts: 31 People Leading The World out of Pandemic".Bloomberg.com. June 28, 2021. RetrievedJuly 19, 2023.
- ^"Bloomberg New Economy Announces 2022 Class of Catalysts".Bloomberg.com. August 3, 2022. RetrievedJuly 19, 2023.
- ^Línea, Bloomberg (January 2, 2023)."Bloomberg Línea Officially Launches with 9 Websites in Latin America".Bloomberg Línea. RetrievedApril 12, 2023.
- ^"Bloomberg Intelligence Introduces Market Structure Research Practice".InPublishing. August 26, 2020. RetrievedMarch 21, 2024.
- ^"Bloomberg Media revamps content studio Kinection building in data to offer upgraded ad solutions".The Drum. RetrievedMarch 21, 2024.
- ^Gregor, Alison (April 23, 2006)."SQUARE FEET: INTERVIEW -- WITH BARRY M. GOSIN; Trained in Manhattan, Graduating to the World".The New York Times. RetrievedJuly 28, 2011.
- ^Bagli, Charles V. (February 9, 2011)."Growing Bloomberg L.P. To Rent Half of a Tower".The New York Times. RetrievedAugust 3, 2011.
- ^"Bloomberg London Building".Bloomberg L.P. RetrievedMay 9, 2018.
- ^"Towers of Babble".The New Yorker. July 29, 2007. RetrievedOctober 28, 2011.
- ^"Company Overview of Bloomberg L.P."Businessweek. RetrievedApril 18, 2013.[dead link]
- ^Bagli, Charles V. (December 10, 2018)."Former Bloomberg Executives to Be Charged in Construction Fraud Scheme".The New York Times.ISSN 0362-4331. RetrievedSeptember 16, 2020.
- ^"Former construction executive pleads guilty to tax evasion in connection with bribery scheme | Internal Revenue Service".www.irs.gov. RetrievedSeptember 24, 2020.
- ^"Westchester Man Among Former Executives To Admit To Multi-Million Dollar Kickback Scheme".Mount Pleasant Daily Voice. August 2, 2020. RetrievedSeptember 24, 2020.
- ^Propper, David."Ex-Bloomberg construction manager from Tuckahoe gets prison for role in bribery scheme".The Journal News. RetrievedSeptember 24, 2020.
- ^Rebong, Kevin (July 30, 2020)."Ex-Turner Construction Exec Pleads Guilty in Bribery Scheme".The Real Deal New York. RetrievedSeptember 24, 2020.
- ^Rebong, Kevin (September 30, 2020)."Ex-Bloomberg Construction Director Pleads Guilty to Tax Fraud".The Real Deal New York. RetrievedOctober 1, 2020.
- ^NJ.com, Chris Sheldon | NJ Advance Media for (January 20, 2021)."Ex-Bloomberg exec sentenced after authorities say he led massive kickback scheme".nj. RetrievedFebruary 4, 2021.
- ^"Ex-Bloomberg construction exec pleads guilty to tax evasion charges on bribes".Crain's New York Business. September 29, 2020. RetrievedSeptember 30, 2020.
- ^"Former Construction Executive Pleads Guilty To Tax Evasion In Connection With Bribery Scheme".www.justice.gov. September 29, 2020. RetrievedSeptember 30, 2020.
- ^abcdeKranish, Michael (February 15, 2020)."Mike Bloomberg for years has battled women's allegations of profane, sexist comments".The Washington Post. RetrievedFebruary 18, 2020.
- ^abcdeBarrett, Wayne (October 30, 2001)."Bloomberg's Sexual Blind Spot".The Village Voice. RetrievedFebruary 18, 2020.
- ^abGarber, Megan (September 19, 2018)."'I'd Do Her': Mike Bloomberg and the Underbelly of #MeToo".The Atlantic. RetrievedFebruary 18, 2020.
- ^abUnited States District Court Southern District of New York (February 24, 1998)."Sekiko Sakai Garrison v. Michael Bloomberg and Bloomberg, L.P."The Washington Post. RetrievedFebruary 17, 2020.
- ^"Bloomberg sued for pregnancy discrimination".NBC. Associated Press. September 27, 2007. RetrievedFebruary 17, 2020.
- ^Chen, David W. (May 15, 2009)."Bloomberg Is Deposed in Bias Suit Against Firm".The New York Times. RetrievedOctober 28, 2011.
- ^Chen, David W. (August 17, 2011)."Discrimination Suit Against Bloomberg L.P. Is Rejected".The New York Times. RetrievedDecember 13, 2011.
- ^Stempel, Jonathan; Jennifer Saba (September 9, 2013)."U.S. judge tosses pregnancy bias lawsuit against Bloomberg LP". Reuters.Archived from the original on September 12, 2013. RetrievedSeptember 11, 2013.
- ^Beekman, Daniel (September 9, 2013)."Judge tosses most plaintiffs in discrimination suit against Bloomberg L.P."New York Daily News. RetrievedSeptember 11, 2013.
- ^"The Fed's Secret Liquidity Lifelines". Bloomberg. RetrievedMarch 17, 2012.
- ^"Bloomberg Wins Its Lawsuit Against the Federal Reserve".Columbia Journalism Review. RetrievedAugust 25, 2009.
- ^Docket entry 31,Bloomberg, L.P. v. Board of Governors of the Federal Reserve System, case no. 1:08-cv-09595-LAP, U.S. District Court for the District of New York.
- ^"Fed's Court-Ordered Disclosure Shows Americans' 'Right to Know'".Bloomberg Businessweek. March 22, 2011. RetrievedOctober 28, 2011.
- ^Bloomberg LP v Bloomberg LtdArchived November 3, 2012, at theWayback Machine Retrieved September 18, 2014
- ^"Bloomberg LP Hit With More Discrimination Claims by Former Reporter".WWD. August 11, 2020. RetrievedAugust 13, 2020.
- ^abAmy Westervelt & Matthew Green (December 5, 2023)."Leading News Outlets Are Doing the Fossil Fuel Industry's Greenwashing". The Intercept. RetrievedSeptember 1, 2024.
- ^Klein, Charlotte (August 2, 2024)."Everybody Is Mad at Bloomberg for Its Embargo-Breaking Gershkovich Scoop".Intelligencer. RetrievedAugust 2, 2024.
External links
edit- Official website
- Bloomberg: Overview
- PND News – New York City Mayor Gave $130 Million to Charity in 2002
- Bloomberg LP v. Triple E Holdings Limited (2002) GENDND 1665 (December 13, 2002)
- The Vault, containing a company overview
- Fortune Magazine: Bloomberg LP is a prodigious success
- Vanity Fair: Bloomberg Without Bloomberg
- Bloomberg Live