Wednesday, December 24, 2008
RSS Feeds and Media Moguls
The media moguls we've been discussing in class looked for a while as though they would monopolize the news, ever limiting our choices. Then along came new technologies like the Internet and mobiles that could take and transmit photos. My RSS feed from Goggle News this morning just delivered a Bloomberg News article to my desktop the way newspapers used to be delivered to my door. Bloomberg started out as a financial news service, providing the latest market information electronically. Now it provides solid background stories like this one on Gaza Tunnels to Egypt for Viagra, IPods to Foil Israel Blockade, an article well worth reading. When Michael Bloomberg, now mayor of New York City, started his company, traditional journalism thought he was crazy. He used word like "information" instead of "news" and pioneered a new "delivery system." His company now advertises: superior communication platform, global markets single platform, financial data on demand, tomorrow's headlines today, customer support 24/7 --- all revolutionary concepts when Bloomberg (the company) started in 1981. For more on Bloomberg.
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4 comments:
my brothers are OBSESSED with Bloomberg, each time i sit in the living room trying to watch something on TV, all i see is bloomberg bloomberg bloomberg! well, i admit that they have some interesting stuff now, they deliver news between now and then, but still, its all about financial news and updates.
and when the bell goes ding ding ding at 12 a.m. UAE, that's when the market is closed in the us i think
Ya I agree with fatema...
Its all about financial news
I knew Bloomberg, the man i mean, was rich but I didn't know that he owns the channel and its named after him! A new fact for me.
Really does he?
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