Bloomberg: History, Functions & More..

Bloomberg is a financial technology company that provides financial software, data, and news services to businesses and financial professionals around the world.

The company was founded in 1981 by Michael Bloomberg, who started out as a trader at Salomon Brothers on Wall Street.

Bloomberg's flagship product is the Bloomberg Terminal, a computer software system that provides real-time financial market data, news, and analytics to its subscribers.

Bloomberg also operates a global news service that covers financial, economic, and political news from around the world. In addition to its data and news services, Bloomberg offers a variety of financial tools and software for businesses and investors, including portfolio management, risk analysis, and trading systems.

The company has offices in more than 120 countries around the world, and its clients include banks, investment firms, government agencies, and corporations.

Bloomberg is also known for its philanthropic efforts, including the Bloomberg Philanthropies, which focuses on environmental, public health, and cultural initiatives.

The Bloomberg Terminal has become a ubiquitous tool in the financial industry, used by traders, analysts, and other financial professionals to monitor market activity and analyze financial data.

Bloomberg has also become a major player in the financial media industry, with its news service competing with other major outlets like Reuters and the Financial Times.