Bloomberg, Reuters Face Challenge From
By Rafat Ali - Sun 02 Mar 2003 08:04 AM PST
Bloomberg, Reuters Face Challenge From New-Tech Upstarts: Reuters Group and Bloomberg may be heading the same way as the now-defunct telex machine, as upstart rivals are developing extremely low-cost systems that use the Internet to deliver data. Foe example, U.K.-based Caplin, for example, has for some time developed back-end data delivery systems. In January it launched a front-end application called Mongoose that allows users to view Reuters data via a Web-browser.
