Bloomberg LP experienced a “significant” unexplained outageof its Bloomberg Terminals on Friday.
The outage happened early this morning, so it mostly impacted folks in Europe.
A Bloomberg Terminal is a really high speed computer created for financial professionals so they can message other users, obtain real-time market data, news, and stock quotes among many other functions.
They’re pretty much ubiquitous on Wall Street, and a subscription for one costs about $US20,000 per year. Wall Street banks and hedge funds pay Bloomberg LP millions of dollars a year to buy terminal accounts for their employees.
So what did Bloomberg terminals users do when their most crucial tool went down? They had some fun, of course!.
Here’s a round up of some of our favourite Tweets:
This means “early lunch” too.
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