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by dis-sys 1357 days ago
> Bloomberg IS a tech company.

This is like saying Microsoft is a charity - worst joke I heard in Sept 2022.

3 comments

I think it’s a tech company. They employ lots of software engineers who develop a software product which is their central business. Why do you think it is not a tech company?
It’s sort of like saying Amazon is a delivery company. It’s part of a division of their company, and a main component at that. But it’s not like SREs working at AWS know or care about logistics.
I don't really understand the parallel. It's not like software engineers at Bloomberg really know or care all that much about finance. The vast majority just work on the software product that moves financial information.
The parallel is to say Bloomberg journalists are tech experts because “it’s a tech company”. The journalists are just journalists
Amazon is a logistics company though. Solving logistics is pretty much the entire value add of the retail arm.
uh, Bloomberg's original business was selling computer systems.

" Bloomberg developed and built his own computerized system to provide real-time market data, financial calculations and other financial analytics to Wall Street firms. "

https://en.wikipedia.org/wiki/Bloomberg_L.P.

Microsoft's original thing was NOT philanthropy.

there is no such thing as a tech company except maybe biotech or other R&d based businesses.