One of the more fascinating stories over the years has been the bitter battle for desktop space on Wall Street. Bloomberg has emerged as the apparent winner, besting a host of competitors, including Reuters. Traders swear by their Bloomberg terminals. But with the Reuters-Thomson combination, is Reuters finally ready to get back into the game? Breakingviews.com doubts that the merged company will be able to mount a huge offensive anytime soon. Bloomberg terminals just offer so much through its boxes. It will take a while for anyone to put together comparable content delivered so efficiently. That may be something of an advantage--if it can put together a cheaper a la carte service. It will be fun to watch. You can bet Bloomberg is not taking this lightly.
For more:
- here's the article from Breakingviews.com