Posts filtered by tags: Bloomberg LP[x]


 

Clubhouse Reportedly Thinks It's Worth $4 Billion Now

Clubhouse, which led a round of investment in January at a reported valuation of around $1 billion, now believes it is worth four times that, Bloomberg reported on Tuesday.Read more...
Tags: Facebook, Twitter, Science, Social Media, Linkedin, Bloomberg, Software, Computing, Andreessen Horowitz, Freeware, Bloomberg LP, Operating Systems, Clubhouse, Business Finance, Bytedance, Universal Windows Platform Apps


Mike Bloomberg's foundation kept funding a $220 million global-health initiative after learning of sexual-harassment claims against one of the project's leaders

Former New York City Mayor and Bloomberg LP founder Michael Bloomberg speaks at a December 2014 press conference. Andrew Burton/Getty Images The foundation of ex-NYC Mayor Mike Bloomberg continued to fund a global-health initiative after one of the project's leaders, Alan Lopez, was credibly accused of sexual harassment. Lopez leads the University of Melbourne's work on the Bloomberg-funded Data for Health Initiative. Bloomberg Philanthropies has known for years about the existence...
Tags: UK, Politico, New York City, US, Trends, Bloomberg, Nasa, Shanghai, Sydney, University of Oxford, Alan, Seattle, Nih, Bloomberg LP, Michael Bloomberg, Gates Foundation


Billionaire investor Bill Ackman is eyeing a second SPAC deal even though he will miss his own Q1 timeline to find a first target

Bill Ackman. Bryan Bedder/Getty Images/The New York Times Pershing Square chief Bill Ackman is already planning a second SPAC, but hasn't yet found a first target.Airbnb, Stripe, and Bloomberg LP were previously said to be among his blank-check firm's first targets.Ackman said he believes his SPAC will be an important contributor to his hedge fund's performance.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Hedge fund billionaire Bill Ackman is already ...
Tags: Trends, New York Times, Bill Ackman, Bloomberg LP, Reuters, SPAC, Pershing Square, Ackman, Shalini Nagarajan, PSTH, Bill Ackman Bryan Bedder Getty, Pershing Square Tontine Holdings SPAC, Pershing Square While, Bloomberg Shares in Pershing Square Tontine


Billionaire investor Bill Ackman is eyeing a second SPAC deal even though he will miss his own Q1 deadline to find a first target

Bill Ackman. Bryan Bedder/Getty Images/The New York Times Pershing Square chief Bill Ackman is already planning a second SPAC, but hasn't yet found a first target.Airbnb, Stripe, and Bloomberg LP were previously said to be among his blank-check firm's first targets.Ackman said he believes his SPAC will be an important contributor to his hedge fund's performance.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Hedge fund billionaire Bill Ackman is already ...
Tags: Trends, New York Times, Bill Ackman, Bloomberg LP, Reuters, SPAC, Pershing Square, Ackman, Shalini Nagarajan, PSTH, Bill Ackman Bryan Bedder Getty, Pershing Square Tontine Holdings SPAC, Pershing Square While, Bloomberg Shares in Pershing Square Tontine


Tribeca Festival Announces Plans for 20th Anniversary Edition

Tribeca Festival announces plans for 20th anniversary edition The Tribeca Festival, presented by AT&T, announced plans today to transform prominent locations into an expansive 12-day multi-screen outdoor celebration. The event will take place from June 9-20 as the first major film festival held in person bringing filmmakers, artists, storytellers, and audiences together under the New York skyline. “Tribeca Film Festival is insightful, important, and urgent. A revelation,” said award-winning f...
Tags: Games, TV, New York, Movies, New York City, Bloomberg, Queens, TV News, Manhattan, Bronx, Staten Island, Bloomberg LP, Kathryn Bigelow, Tribeca, RXR Realty, AT T


One measure of debt-market distress is down 90% since March amid Fed assistance and easy money

A Bloomberg terminal is seen inside a kiosk on the floor of the New York Stock Exchange April 17, 2015. An outage at news and market data provider Bloomberg LP hit financial markets around the world on Friday, prompting debt sales to be postponed and exacerbating a spike in volatility in European stocks. Brendan McDermid/Reuters The US distress ratio is down 90% since last year as Fed assistance and fiscal policy stabilizes borrowing conditions. The ratio measures the proportion of distress...
Tags: US, Trends, Markets, Bloomberg, New York Stock Exchange, Federal Reserve, Bloomberg LP, Fed, Brendan McDermid Reuters, U S Treasuries, Emily Graffeo, Debt Market, Distressed-debt, MI Exclusive, Distress Ratio, Fed monetary policy


Inspired by Alabama Coworkers, Amazon Employees Nationwide Begin Union Talks: Report

A slew of Amazon workers in Baltimore, New Orleans, Portland, Denver, and Southern California are looking into unionizing, emboldened by their Alabama coworkers’ high-profile union campaign, Bloomberg reported Friday. Read more...
Tags: Amazon, Science, Labor, Alabama, Bloomberg, Joe Biden, United States, Twitch, Bloomberg LP, Southern California, Appelbaum, Union Busting, Retail Wholesale and Department Store Union, Stuart Appelbaum, Bessemer Alabama, Industry Economics


Companies face office reopening pains

Hi and welcome to this weekly edition of Insider Advertising, where we track the big stories in media and advertising.Remember you can sign up to get this newsletter daily here.What we're following this week: Reopening painsFortune walkoutApple's China problem John Wren is chairman, president and CEO of Omnicom Group Spencer Platt/Getty Images Reopening pains Reopening talks are heating up. Only about one in 10 companies expects all their employees to go back to the office, a rec...
Tags: Apple, Facebook, Media, China, Advertising, Newsletter, Trends, Conde Nast, Fortune, Bloomberg LP, Sally Yates, Nordic, Steven, Mukherjee, Lindsay, Meghan


Feds Eye Swiss Hacker Tied to Major Security Cam Breach

Swiss authorities on Friday raided the home of a computer hacker reportedly under FBI investigation who has also—unrelatedly—taken credit for the recent breach of U.S. security camera company. The company, Verkada Inc., has itself separately been accused of granting employees extraneous access to the private…Read more...
Tags: Science, Fbi, Computing, Hacker, Bloomberg LP, Data Security, Computer Security, Kottmann, Tillie Kottmann, Verkada Inc, Major Security Cam Breach


The riskiest US debt is paying out less than 4% for the first time as desperate investors clamor for yield

A Bloomberg terminal is seen inside a kiosk on the floor of the New York Stock Exchange April 17, 2015. An outage at news and market data provider Bloomberg LP hit financial markets around the world on Friday, prompting debt sales to be postponed and exacerbating a spike in volatility in European stocks. Brendan McDermid/Reuters Most new bond issues, even those with the riskiest ratings, are oversubscribed, according to Bloomberg.  Index tracking corporate high-yield debt has dropped to 3....
Tags: US, Trends, Bloomberg, New York Stock Exchange, Ccc, Bloomberg LP, Brendan McDermid Reuters, Carla Mozee, Bloomberg Index, Dogecoins, Bloomberg Barclays U S Corporate High Yield


Twitter Reportedly Looking to Turn TweetDeck Into TweetDeck+

Under increased pressure from investors to break out of its sluggish growth, Twitter is reportedly getting serious about offering a subscription product in order to create a new revenue stream. Advertising will remain the social network’s bread and butter for the foreseeable future, but according to Bloomberg, we…Read more...
Tags: Twitter, Science, Social Media, Bloomberg, Software, Bloomberg LP, Operating Systems, World Wide Web, Real Time Web, Text Messaging, Tweetdeck, Paywall, Business Finance, South of Market San Francisco, Social Networking Services


Jamie Dimon declares war on fintechs - New state of alt data - The 'untouchable client'

NEW YORK, NY - SEPTEMBER 8: An aerial view One World Trade Center in Lower Manhattan, September 8, 2016 in New York City. New York City is preparing to mark the 15th anniversary of the September 11 terrorist attacks. (Photo by Drew Angerer/Getty Images) Drew Angerer/Getty Images Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:JPMorgan's Jamie Dimon just declared war on fintechsBig players like Bloomberg LP are starting to upend the alt...
Tags: New York, Alabama, Trends, Bloomberg, Merrill Lynch, Citigroup, World Trade Center, Morgan Stanley, Doj, Bloomberg LP, Jamie Dimon, Trump, Jpmorgan, Lower Manhattan, Vista Equity Partners, Robert Galbraith


2020 brought a wave of discrimination and harassment allegations against major companies like Amazon, McDonald's, and Pinterest. These are some of the year's high-profile legal battles.

Jeremy Moeller, Chesnot, and Justin Sullivan/Getty Images The #BlackLivesMatter and #MeToo movements have exploded in recent years, shedding light on systemic racial and gender bias across American society, and in particular, within American workplaces. In 2020, workers spoke publicly in increasing numbers, often by taking their employers to court over pay disparities, harassment and abuse, and toxic company cultures. Major businesses including Google, Amazon, McDonald's, Pinterest, and J...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, New York, News, Pinterest, Law, Washington Post, Washington, Cbs News, Life, Disney, Nbc News, US, Careers


Chinese authorities have detained a Bloomberg News journalist on suspicion of threatening national security

U.S. President Donald Trump meets with China's President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File Photo/File Photo Haze Fan, who works for the Bloomberg News bureau in Beijing, has been detained by Chinese authorities since Monday, Bloomberg reported Friday. China confirmed Thursday that Fan was being held "on suspicion of engaging in criminal activities that jeopardize national security." F...
Tags: Politics, England, Media, White House, China, US, Trends, Journalism, Bloomberg, G20, Beijing, Xi Jinping, Washington Dc, Fan, Missing, Donald Trump


From Larry Fink to Meg Whitman, here are the business leaders who may be in line for key roles in the Biden administration

Meg Whitman. Robyn Beck/AFP via Getty Images Over the next few months, President-elect Joe Biden is expected to begin announcing nominations and appointments for roles in his Cabinet, White House, and in the federal government more broadly.  For some of those positions, he's expected to turn to the business world.  Insider has compiled names of candidates who are said to be on the short-list for some of the top jobs. None of these appointees have been announced or confirmed, but are report...
Tags: Apple, Amazon, Politics, Obama, Washington Post, White House, New York City, Trends, Joe Biden, Features, West, Commerce, Treasury, Ibm, Biden, Hewlett Packard


Morgan Stanley's WhatsApp woes – How to get hired at Blackstone — Private equity comp, revealed

Happy Saturday!It was a busy week for Wall Street news, with fines, exits, pay cuts, and more. Here's what you need to know: 2 top Morgan Stanley commodities execs have left after the bank discovered the group was improperly using WhatsApp to communicate. A source familiar with the matter told Business Insider the two had displayed a "failure to supervise use of the communications within the commodities business."Goldman Sachs is paying billions in fines over the 1MDB scandal and cutting exec pa...
Tags: Google, California, Israel, US, Trends, New Jersey, Ubs, Merrill Lynch, Deutsche Bank, Goldman Sachs, Deloitte, Morgan Stanley, Goldman, Doj, Blackstone, Bloomberg LP


The 20 richest people in media, who have a collective net worth of more than $190 billion

Former Mayor of New York Michael Bloomberg speaks at the dedication ceremony of the Memorial Glade at the 9/11 Memorial site in the Manhattan borough of New York, New York, May 30, 2019. Carlo Allegri/Reuters Worth a combined $192 billion, media's richest players are behind massive publications such as Bloomberg and Reuters, and entertainment brands like Marvel and Fortnite. Business Insider has compiled a list of the 20 richest people in media, based on their industry classification in th...
Tags: Photos, New York Post, New York, Media, Instagram, Yahoo, Australia, Life, Berlin, New York City, Amc, Israel, Marvel, Disney, US, Dallas Mavericks


20 quotes from self-made billionaires that will change your outlook on money

Oprah Winfrey has some advice for you. AP/Themba Hadebe Anyone can build wealth, but your beliefs about money can affect how much wealth you'll build. Just consider the world's self-made billionaires — they got where they are today because of their attitudes toward money and success. These quotes about money from self-made billionaires are sure to inspire you. Visit Business Insider's homepage for more stories. Building wealth is possible regardless of your financial situation or education...
Tags: Google, Quotes, Facebook, Mark Zuckerberg, Money, Microsoft, Washington Post, Ebay, Life, San Francisco, Trends, Strategy, Wealth, Features, Larry Page, Sheldon Adelson


The richest people in America, ranked

Clodagh Kilcoyne/Reuters The 16 richest Americans in the Bloomberg Billionaires Index and Forbes Billionaires List are collectively worth more than $1 trillion. While tech moguls continue to dominate the top ranks, inherited wealth, like in the Walton family, also makes a strong appearance in the list.The four richest people in America are also the richest people in the world.On August 31, Elon Musk became the third-richest person in the world after Tesla stock split, causing shares to sha...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Spacex, Elon Musk, Texas, Board of Directors, Money, Microsoft, Washington Post, Life, Stanford, India, Satya Nadella


Publishers Ask Apple CEO for Same App Store Deal Given To Amazon

A group of news publishers sent a letter to Apple Chief Executive Officer Tim Cook seeking similar deal terms in its App Store that Amazon.com gets for its video-streaming service. From a report: Apple takes 30% of the revenue from most subscriptions in its App Store, then 15% after the first year. But in late July, a congressional antitrust panel disclosed internal emails showing a more-favorable deal struck between Apple services chief Eddy Cue and Amazon CEO Jeff Bezos. They agreed to a 15% r...
Tags: Apple, Amazon, Washington Post, Tech, Tim Cook, Jeff Bezos, App Store, Bloomberg LP, Wall Street Journal, Amazon Prime Video, Cook Apple, Digital Content Next, Bloomberg News Read, Eddy Cue and Amazon, The New York Times News Corp


Meet the 11 top executives who lead Alphabet's 'Other Bets,' helping the company go beyond just Google (GOOG, GOOGL)

In 2015, Google's corporate structure was completely reimagined, as the search giant moved under the new parent company of Alphabet.  The company's core business — search, YouTube, and Android — would remain apart of Google, but much of its other efforts, including Nest and Waymo, would be broken out into separate companies, each with their own CEOs. Because the top executives of these companies are not named Larry or Sergey or Sundar, they often fly under the radar — but don't overlook these ...
Tags: Apple, Google, London, Australia, Steve Jobs, Kentucky, Stanford, New York City, US, Toronto, Trends, Chicago, Sergey Brin, Kenya, Silicon Valley, World Trade Center


The NBA’s Reopening Is a Warning Sign for the U.S. Economy

(Bloomberg Opinion) -- As a fan of professional basketball and a student of economic game theory, I am becoming increasingly concerned. I fear that the NBA, in particular, may be reflecting a still-hidden trend in the broader economy: People may not actually be so keen to return to work.The NBA is planning to resume a fragment of its regular season, and then the playoffs, in a custom-tailored “bubble” in Orlando, Florida, on July 30. The games will be played only among the top teams in a single ...
Tags: Florida, News, Sports, Bloomberg, Michael Jordan, Nba, Lebron James, Bloomberg LP, Los Angeles Lakers, Tyler Cowen, Orlando, Washington Wizards, Orlando Florida, George Mason University, New Jersey Nets, DeAndre Jordan


The Future of Europe Could Be Decided in Poland

(Bloomberg Opinion) -- The European Union has many problems, but the most fundamental may be the rift between northern and southern member states and the even deeper fault line running between west and east. That latter fissure is especially dangerous because, unlike the largely economic one between north and south, it tears at the EU’s core values, including democracy, freedom of the press and the rule of law.For the past decade, Hungary’s prime minister, Viktor Orban, has been flouting these p...
Tags: Europe, News, Eu, Bloomberg, Budapest, Hungary, West, Poland, Catholic, Brussels, Bloomberg LP, Hannibal, Warsaw, Andrzej Duda, Kaczynski, Lech


Covid-19 Masks Aren’t a Political Statement

(Bloomberg Opinion) -- AMC Entertainment Inc., the largest cinema operator in the U.S. and Europe, initially decided that it wouldn’t require guests to wear masks at its theaters when they reopen, and for an especially troubling reason: “We did not want to be drawn into a political controversy,” CEO Adam Aron said in an interview this week with Variety. But wearing a mask isn’t a political statement, and it’s dangerous for corporate brands to suggest it is.AMC reversed course on Friday afternoon...
Tags: Europe, Business, News, Etsy, Amc, Bloomberg, Delta, Amc Theatres, Bloomberg LP, Variety, Bloomberg News, Walt Disney Co, Comcast Corp, Aron, Adam Aron, Regal Cinemas


Why China Chose to Act in Hong Kong

(Bloomberg Opinion) -- I am a big fan of Hong Kong. The city presents a unique contrast between historical richness and vivacious modernity, with its classic trams roaming the streets and noisy, bustling restaurants. It is a romantic fusion of the East and the West.To our regret, such romance is evaporating. In recent months, we have seen terrible scenes there. Mobs attacked the police with iron rods, and stockpiled bricks and Molotov cocktails. They detained passengers at the airport and even s...
Tags: Hong Kong, News, China, Bloomberg, United States, Bloomberg LP, Standing Committee, Hong Kong Special Administrative Region, NPC, Cui Tiankai, National People 's Congress, Bloomberg Opinion, Similarly China


Bloomberg just slashed the time it takes for customers to get data from months to hours and it shows Wall Street's insatiable demand for information to trade on

Bloomberg LP is upgrading how quickly customers can access data via Enterprise Access Point, its web-based platform for data products. Gerard Francis, global head of enterprise data at Bloomberg, told Business Insider what typically takes customers "in a good situation" at least three months has been condensed to a few hours. The data giant has also allowed users to customize datasets on their own, freeing up Bloomberg to focus on more high-value projects, he added. Click here for more BI Prim...
Tags: Trends, Bloomberg, Francis, Bloomberg LP, Goldman Sachs Here, Refinitiv, Gerard Francis


Bloomberg just added a 'click to buy' data feature for customers that streamlines months of negotiating and testing down to a few hours

Bloomberg LP is upgrading how quickly customers can access data via Enterprise Access Point, its web-based platform for data products. Gerard Francis, global head of enterprise data at Bloomberg, told Business Insider what typically takes customers "in a good situation" at least three months has been condensed to a few hours. The data giant has also allowed users to customize datasets on their own, freeing up Bloomberg to focus on more high-value projects, he added. Click here for more BI Prim...
Tags: Trends, Bloomberg, Francis, Bloomberg LP, Goldman Sachs Here, Refinitiv, Gerard Francis


Bloomberg is eyeing big changes to its iconic terminals to make work-from-home easier. The exec leading its strategy laid out how he's rethinking screen space and mobile features.

Mark Flatman, global head of core terminal at Bloomberg, told Business Insider the financial technology giant is considering ways to revamp the ubiquitous terminal. One particular area of focus for Flatman and his team has been screen space, as many customers aren't working with the typical four-screen display.  Another area that has gotten increased attention is mobile, where usage has jumped.  Click her for more BI Prime stories. As remote work becomes a long-term reality, a technology stap...
Tags: Trends, Bloomberg, Bloomberg LP, Refinitiv, Mark Flatman, Flatman


Templeton Fund Freeze Leaves a Dangerous Hole

(Bloomberg Opinion) -- India’s deepening credit crisis has taken a dangerous turn with Franklin Templeton’s local unit putting six of its debt mutual funds into suspended animation. Before fear guts the economy, the central bank needs to open its cash vaults.At $4.1 billion, the amount of investor money that’s stuck may not seem systemically important. India’s $2.7 trillion economy has witnessed much larger financial failures in the recent past. But with the coronavirus lockdown decimating incom...
Tags: Business, News, India, Narendra Modi, Bloomberg, New Delhi, Bloomberg LP, AAA, Bloomberg News, Reserve Bank, Reserve Bank of India, Kapoor, State Bank of India, Andy Mukherjee, Walter Bagehot, Franklin Templeton


Richard Branson Doesn't Have a Drop to Drink

Water, water, everywhere, Nor any drop to drink. (Bloomberg Opinion) -- Richard Branson, the billionaire entrepreneur and occasional poet, spends much of his time on his private island, Necker, indulging a passion for kite surfing. And he’s risked life and limb crossing the Atlantic and Pacific oceans in a hot-air balloon. But it’s only in the past few days that the above line from Samuel Taylor Coleridge’s “Rime of the Ancient Mariner” will have begun to resonate as regards his financial affair...
Tags: Florida, News, Singapore, Bloomberg, Atlantic, Delta, Heathrow, Virgin, Virgin Group, Richard Branson, SEC, Boris Johnson, Virgin Media, Canberra, Virgin Australia, Pacific