Social media data may give Bloomberg a run for its money

04/24/2013 | CNNMoney/Fortune

Bloomberg's financial-news and data service could be under threat from companies such as Dataminr, which monitors Twitter's data stream in real time to find potentially market-moving news and trends, Omar Akhtar writes. Dataminr says it can deliver actionable data faster than conventional news wires, perhaps giving it an edge over Bloomberg's lucrative terminal-based business model.

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