![]() The service is back online now, though still patchy after what Bloomberg called an “ internal network issue.” Anybody who has ever worked in finance understands how important and essentially addictive this product is, but here is an explanation for the layperson. Hey traders, what did you do when the lights went out on your terminal? /3zOflNDJGv ![]() The software went dark for hours on end in Europe on April 17, causing massive confusion and preventing the UK government from selling 3 billion pounds worth of debt. ![]() Michael Bloomberg, the former New York mayor? Not quite, but it’s his company which supplies hundreds of thousands of finance workers with software to conduct their business. No, not Apple, Facebook and Yahoo are to blame for the Nasdaq’s 1.5 percent drop but Bloomberg. ![]() Stock markets are deep in the red this morning and some blame it on the technology sector.
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