What The Heck Is Going On At Reuters?

Suppliers claim the media giant copies proprietary software. It all may end up in court

Reuters vs. Bloomberg. The two behemoths that dominate the rapidly growing financial-information business have long been archrivals. The depth of that rivalry became apparent in late January, when Reuters Group PLC disclosed that a subsidiary was the subject of a grand jury investigation in New York for improperly obtaining and using information from Bloomberg LP.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.