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