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Bloomberg Terminals Suffer Widespread Failures

nytimes.com

51–60 of 69 posts

Re: Bloomberg Terminals Suffer Widespread Failures

#51

Moderately off-topic (and don't say: "Today? Nowhere."): If I wanted to play around with a Bloomberg for a few hours in North America, just to see what the fuss is about, how could I go about doing this?

New York Public library (business/finance library) on Madison Ave between 33-34th (NYC) has 2-3 terminals for open public use. Usually a short wait but you can use them.

Re: Bloomberg Terminals Suffer Widespread Failures

#52

The outage isn't that bad. I've talked to 5 other firms in Canada this morning and haven't heard of a single one that is down. Bloomberg's tickering plant is still working and their emsx(trading system) is up and running, albeit a bit slow right now. I think it was on a stackoverflow podcast that Joel or Jeff said that it makes you wonder about people who complain about down time if they've ever built something of th…

The outage affected Europe and Asia during their trading day, which is a very big deal, wouldn't have expected Canada to see anything since they are 5-6 hours behind.

Bloomberg runs some of the most reliable technology in the world, and is one of the best at running distributed architecture, so the fact that a problem like this wasn't more contained is surprising, if not shocking.

Re: Bloomberg Terminals Suffer Widespread Failures

#53

The outage isn't that bad. I've talked to 5 other firms in Canada this morning and haven't heard of a single one that is down. Bloomberg's tickering plant is still working and their emsx(trading system) is up and running, albeit a bit slow right now. I think it was on a stackoverflow podcast that Joel or Jeff said that it makes you wonder about people who complain about down time if they've ever built something of th…

> Google's been down, ditto for facebook, twitter and Azure The first three, at least, are free services and availability isn't a priority for many of their customers. Bloomberg users have different requirements. Boeing 747's are complex systems; it's not acceptable if one fails occasionally.

> Boeing 747's are complex systems; it's not acceptable if one fails occasionally.

You're right that 747s should not just fall out of the sky. However, parts of 747s fail constantly. In a machine that complex, they are guaranteed to have some downtime. A well manufactured 747 will fail cleanly and safely and recover smoothly.

Re: Bloomberg Terminals Suffer Widespread Failures

#54

Moderately off-topic (and don't say: "Today? Nowhere."): If I wanted to play around with a Bloomberg for a few hours in North America, just to see what the fuss is about, how could I go about doing this?

Since we're moderately off-topic: I once made a gnuplot script that emulates the look of a Bloomberg terminal. Super hacky, but it works: http://folk.ntnu.no/asmunder/bloom.gnu and you need this file as well http://folk.ntnu.no/asmunder/fader.png

Re: Bloomberg Terminals Suffer Widespread Failures

#55
post #48

Bloomberg starts at $1,750 a month At that level of cost there is an expectation of almost perfect up time and multiple redundancy - the only reason people pay that much is they believe they can get more value than that out of it..

Cost isn't necessarily tied to uptime expectations. It's tied to the value people get from it. Bloomberg is so far ahead of it's competitors that this minor event probably won't lose them any business.

Re: Bloomberg Terminals Suffer Widespread Failures

#56

Moderately off-topic (and don't say: "Today? Nowhere."): If I wanted to play around with a Bloomberg for a few hours in North America, just to see what the fuss is about, how could I go about doing this?

The Graduate School of Business Library at Stanford used to have a couple of terminals, in case you are in the bay area.

Re: Bloomberg Terminals Suffer Widespread Failures

#57

Earlier quoted context omitted.

While I see your point do we have to throw the word "hipster" at everything new?. I'm not a huge fan of Javascript and it's proliferation of frameworks but some of that stuff is objectively both good and useful.

Using the term 'hipster' to refer to the newest and shiniest web framework always felt like a bit of a misnomer to me. A solid portion of hipsterdom is rooted in recycling of the obscure and of the vintage (vinyl, the popularity of the lumber sexual look, etc). It seems like the 'hipster' thing to do would be to write a web framework in PL/I or cobol or something.

New and obscure are all too frequently synonymous.

That said, there might be a market for a web framework in PL/I there is a whole lot of IBM big iron out there :-P

Re: Bloomberg Terminals Suffer Widespread Failures

#58

The outage isn't that bad. I've talked to 5 other firms in Canada this morning and haven't heard of a single one that is down. Bloomberg's tickering plant is still working and their emsx(trading system) is up and running, albeit a bit slow right now. I think it was on a stackoverflow podcast that Joel or Jeff said that it makes you wonder about people who complain about down time if they've ever built something of th…

> Google's been down, ditto for facebook, twitter and Azure The first three, at least, are free services and availability isn't a priority for many of their customers. Bloomberg users have different requirements. Boeing 747's are complex systems; it's not acceptable if one fails occasionally.

I think comparing the acceptability of failure of a stock information system and a commercial aircraft is a bit unreasonable.

Re: Bloomberg Terminals Suffer Widespread Failures

#59

Decades of crusty code - C++ wrapped around C wrapped around Fortran, home brewed versions of the STL, nih syndrome across the tooling. Actually surprised outages not more common. Still, given their interview process is basically parlour trick questions about pointers and char arrays, it is quite telling!

It's crusty old code because it works and it's tried and true. If you have a backend that works, why mess with it?

Sure, C++/C/Fortran/some home grown template library is what it's built on. What would they gain by rewriting it some node framework of the week or whatever other shiny distraction? If they did do that and that caused downtime, there would be the same naysayers here complaining about that instead.

Re: Bloomberg Terminals Suffer Widespread Failures

#60

The outage isn't that bad. I've talked to 5 other firms in Canada this morning and haven't heard of a single one that is down. Bloomberg's tickering plant is still working and their emsx(trading system) is up and running, albeit a bit slow right now. I think it was on a stackoverflow podcast that Joel or Jeff said that it makes you wonder about people who complain about down time if they've ever built something of th…

> it makes you wonder about people who complain about down time

HN in particular seems to have a "_____ is down" on the front page every few days. It's always filled with comments like this guy[1] saying how their architecture is clearly broken or how any fifteen year old could write something better.

[1] https://news.ycombinator.com/item?id=9394071

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