Bloomberg L.P. provides business and financial information, news, and insights in the United States and internationally. The company offers Bloomberg Professional that provides data, analytics, news, communications, charts, execution platforms, and customer support for financial professionals; and Bloomberg Tradebook that offers trading solutions for equities, futures, options, and foreign exchange. It also provides compliance solutions, including Bloomberg Vault for archiving, compliance, policy management, and eDiscovery of various electronic communications in one integrated solution; data solutions, such as BVAL, an asset valuation tool that combines market insight with data from various ...
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New York, NY 10022
Founded in 1981
Bloomberg L.P. Appoints Samuel Palmisano as Independent Adviser
May 17 13
Bloomberg L.P. announced the appointment of Samuel J. Palmisano, the former Chairman and CEO of IBM, to serve as an independent adviser regarding the company's privacy and data standards. Mr. Palmisano will immediately undertake a review of the company's current practices and policies for client data and end user information, including a review of access issues recently raised by the company's clients. In addition, Mr. Palmisano will make recommendations and advise on the implementation of any enhancements to these practices and policies, including the independent verification of the company's systems and procedures. Mr. Palmisano will report to Bloomberg's Board of Directors. To assist Mr. Palmisano and the company in the review of data and privacy issues, the formulation of recommendations, and the implementation of any recommended enhancements, the Board has hired Hogan Lovells and the Promontory Financial Group. Additional expertise will be retained as necessary.
Bloomberg LP Appoints Steve Ross as Client-Data Compliance Officer to Oversee Data Security Issues
May 11 13
Bloomberg LP has announced that it created new client-data compliance officer and appointed Steve Ross to oversee data security issues.
Marathon Patent Group, Inc. Wholly Owned Subsidiary, Relay IP Files Patent Infringement Lawsuits against Sprint, Juniper Networks, Cisco, and Others
May 6 13
Marathon Patent Group, Inc. announced that its subsidiary Relay IP has filed patent infringement lawsuits in the United States District Court for the District of Delaware against Sprint Nextel Corporation, Juniper Networks, Cisco Systems, Bloomberg L.P., Hitachi Cable America, D-Link Corporation, Avaya, Hewlett-Packard Company, Enterasys Networks, Extreme Networks, TIBCO Software, BT Group, SAVVIS Inc., Zhone Technologies, Huawei Technologies, Allied Telesis, and Adtran (the "Defendants"). Relay is asserting infringement related to U.S. Patent number 5,331,637, entitled Multicast Routing Using Core Based Trees. The lawsuit alleges that the Defendants have infringed, and continue to infringe, the claims of the patent in suit by using the accused IP Multicast systems and methods covered by the claims of the Relay patent.