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Ask HN: What is so great about Bloomberg Terminal?

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Re: Ask HN: What is so great about Bloomberg Terminal?

#91
post #82
post #8

Earlier quoted context omitted.

And it's not just a UI on some public data - Bloomberg also does some hard core networking behind those screens, up to installing a decent amount of dark fiber into various exchanges around the world to ensure low latency connections between data sources and consumers.

Dark fiber means unused. How does that help?

https://en.wikipedia.org/wiki/Dark_fibre

> A dark fibre network or simply dark network is a privately operated optical fiber network that is run directly by its operator over dark fibre leased or purchased from another supplier. This is in contrast to purchasing bandwidth or leased line capacity on an existing network. Dark fibre networks may be used for private networking, or as Internet access or infrastructure.

Re: Ask HN: What is so great about Bloomberg Terminal?

#92
post #82
post #8

Earlier quoted context omitted.

And it's not just a UI on some public data - Bloomberg also does some hard core networking behind those screens, up to installing a decent amount of dark fiber into various exchanges around the world to ensure low latency connections between data sources and consumers.

Dark fiber means unused. How does that help?

I take it to mean they roll out their own physical fiber, and don't just lease or ride someone else's network.

Re: Ask HN: What is so great about Bloomberg Terminal?

#93
post #82
post #8

Earlier quoted context omitted.

And it's not just a UI on some public data - Bloomberg also does some hard core networking behind those screens, up to installing a decent amount of dark fiber into various exchanges around the world to ensure low latency connections between data sources and consumers.

Dark fiber means unused. How does that help?

The term 'dark fiber' is also used as a product to be bought from a network company, which the customer (in this case bloomberg) then lights up themselves.

Re: Ask HN: What is so great about Bloomberg Terminal?

#94
post #82
post #8

Earlier quoted context omitted.

And it's not just a UI on some public data - Bloomberg also does some hard core networking behind those screens, up to installing a decent amount of dark fiber into various exchanges around the world to ensure low latency connections between data sources and consumers.

Dark fiber means unused. How does that help?

It's sounds more secret and cool?

You're right.

Re: Ask HN: What is so great about Bloomberg Terminal?

#95
post #82

Earlier quoted context omitted.

Dark fiber means unused. How does that help?

https://en.wikipedia.org/wiki/Dark_fibre > A dark fibre network or simply dark network is a privately operated optical fiber network that is run directly by its operator over dark fibre leased or purchased from another supplier. This is in contrast to purchasing bandwidth or leased line capacity on an existing network. Dark fibre networks may be used for private networking, or as Internet access or infrastructure.

They GP talked about "installing a decent amount of dark fiber" not running a network over someone else's unused fiber, which I think is the "network" part of your quote.

Re: Ask HN: What is so great about Bloomberg Terminal?

#96
post #71

Earlier quoted context omitted.

Oh. I'm European and I always wondered why in practically every American criminal-spy-scifi-investigative-themed TV show or movie there are people sitting at magical, proprietary computers able to find strange pieces of (personal) information in no time (but obviously always complex to use, because other characters don't know how). I didn't know about the "Bloomberg Terminal" before, but now that makes a lot more sen…

Bloomberg delivers financial information, not information on every individual.

That isn't the point of the OP though? Think the point being that the inspiration for a proprietary system that does that is the Bloomberg Terminal. Although they're used all around the world, seems that their use and functionality is perhaps more in the American zeitgeist.

Re: Ask HN: What is so great about Bloomberg Terminal?

#97
post #74
post #71

Earlier quoted context omitted.

Bloomberg delivers financial information, not information on every individual.

That's facebook's job

I know it's a joke, but as a high spend Facebook advertiser, I can tell you that Facebook only sells audience information in aggregate, not on an individual basis.

Re: Ask HN: What is so great about Bloomberg Terminal?

#98

Earlier quoted context omitted.

It's interesting to think about from a different angle: Paul Graham once wrote that "information wants to be free", and that there are very few areas in which you can make a significant revenue by selling information, financial information being the exception. $6B ($9b) seems to be the upper bound of revenue for an information product (company). And Bloomberg has unusually wide moat.

Minor correction: it was Stewart Brand (of Whole Earth Catalog fame) who said "Information wants to be free". Paul Graham may have quoted it -- along with a multitude of others, since it was first uttered in 1984. Actually turns out the original quote attributed to Brand is not quite right. There is a qualifier ("Information almost wants to be free"), but that qualifier dropped off along the way. See http://www.digit…

Thanks for the correction! I recall that I learned the phrase from pg's writing or talk, and it has stuck with me since so I mistakenly attributed it to pg.

Re: Ask HN: What is so great about Bloomberg Terminal?

#99
post #97
post #74

Earlier quoted context omitted.

That's facebook's job

I know it's a joke, but as a high spend Facebook advertiser, I can tell you that Facebook only sells audience information in aggregate, not on an individual basis.

...P R I S M...

Re: Ask HN: What is so great about Bloomberg Terminal?

#100

Try: $ apt install wallstreet $ wallstreet I created that for Ubuntu, as a follow-on to: $ apt install hollywood $ hollywood Purely for fun. Try it!

where's the source ? can't find it

"wallstreet" is part of his "hollywood" project: https://github.com/dustinkirkland/hollywood/blob/master/bin/...
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