Popular social network launches news project.
Bloomberg has hired about 50 people for a new project that will exist only on Twitter. This will be the first social news network running 24 hours a day.
– When the world is ruled by the Duo Google/Facebook, the only way to succeed is innovation. The privilege of the explosive development should not be exclusively in technology companies. Significant growth opportunities are at all, but they demand that the leaders of more aggression, new thinking and new models – said the head of Bloomberg Media, Justin Smith.
The project is going to start on December 18.
Its main partners are from Goldman Sachs, Infiniti, TD Ameritrade, CA Technologies, AT&T and CME Group.
By the way, the price of such partnerships ranges from $1.5 million to $3 million This will help Bloomberg to eight-digit income within the first year.
So, in the spring of Twitter and Bloomberg TV has signed an agreement on creating a platform on which round the clock broadcast of news. Thus the company expects to reach an audience who does not pay for the TV and watches it on the go.
Earlier it was reported that YouTube will be “breaking news” from Google.
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