Founded in 198 1, Bloomberg News is the world's largest financial information company, formerly known as American Innovation Market Systems. Bloomberg News has about 130 news branches and about 2,000 news professionals around the world. Founder michael bloomberg (aka Michael Bloomberg).
Bloomberg uses data terminals for customers all over the world, including traders, investment banks, the Federal Reserve, other official institutions in the United States and major central banks around the world. The annual terminal fee is $20,000, and 315,000 users worldwide contribute $7.9 billion in revenue to Bloomberg every year. Every employee of Bloomberg has his own terminal, including more than 2,400 journalists in its media department.
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198 1 year, Michael? MichaelBloomberg started his second venture with the company's salary of $65,438+$0,000 million. He positioned the new company as a company that will provide information services for financial institutions by using new technologies. This is the so-called innovative market system. This company will become Bloomberg News.
From 65438 to 0982, Innovative Market Systems was hired by Merrill Lynch, a big company, because of its success in selling data terminals. Merrill Lynch paid $30 million for a 30% stake in Innovation Market System. In the next 10 years, the company grew at an amazing rate of 40% per year.
References:
Baidu encyclopedia-Bloomberg news agency