Bloomberg Adding Twitter To Terminals

Yep. Hopefully they will add a thumbs down button option for the proletariat.




http://www.sec.gov/news/press/2013/2013-51.htm

SEC Says Social Media OK for Company Announcements if Investors Are Alerted

FOR IMMEDIATE RELEASE
2013-51

Washington, D.C., April 2, 2013 — The Securities and Exchange Commission today issued a report that makes clear that companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD) so long as investors have been alerted about which social media will be used to disseminate such information.
 
Quote from marketsurfer:

but is it really a value add to Bloomberg?

That might not be the point. Having twitter will be a step ahead of Berkshire. The geezer is griping - this is good.:D he's going to lose money..boo hoo.:D
 
Quote from marketsurfer:

several funds i am aware of already mine the twitter universe for ideas, trends but is it really a value add to Bloomberg?

Mining trends makes sense, but I too doubt Twitter itself adds value.
 
Twitter can have valuable news feeds. Bloomberg already shows newsfeeds from other sources: websites, blogs, etc.

This is they ensuring they control the information pipes of wall street.
 
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