Bloomberg News

Bloomberg News is a global business and financial information and news leader, providing in-depth analysis and reporting on current events affecting markets and economies worldwide.

CCI Score

-0.02

0.01% April 18

Latest Event

Bloomberg Adopts Enhanced Surveillance Technology for Compliance

Bloomberg integrated Insightful's Soteria solution to advance its capabilities in surveillance, trade reconstruction, and behavioral analytics across over 120 communications channels, a move that raises concerns about the potential for repressive monitoring practices.

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BYSTANDER

Bloomberg News is currently rated as a Bystander.

-1 to -4 CCI Score

Companies scoring here do little to oppose authoritarianism. Their inaction results in a passive endorsement of the status quo, as they neither actively resist oppression nor contribute to overt support for it.

Latest Events

JUL

19

2022

Bloomberg Adopts Enhanced Surveillance Technology for Compliance
-45.56

Bloomberg integrated Insightful's Soteria solution to advance its capabilities in surveillance, trade reconstruction, and behavioral analytics across over 120 communications channels, a move that raises concerns about the potential for repressive monitoring practices.
-60

Provision of Repressive Technologies

March 31

The integration of Insightful's Soteria suite enhances Bloomberg's surveillance capabilities across diverse communication channels. Although framed as a compliance tool, the expansion of such monitoring technology raises concerns from an anti-fascist perspective about potential abuses related to privacy infringements and the facilitation of repressive oversight.

Bloomberg Enhances Communications Compliance with Insightful Technology’s Soteria Capture and Surveillance Suite
DEC

31

2020

Bloomberg LP's Record Political Contributions
45.53

A report by Americans for Financial Reform revealed that Bloomberg LP, led by former New York Mayor Mike Bloomberg, emerged as the top donor among financial-sector companies during the 2019-20 election cycle by contributing $158.9 million. This donation, which predominantly supported Biden’s campaign over Trump’s, underscores a commitment to progressive political causes.
+70

Political Contributions and Lobbying Efforts

March 31

Bloomberg LP's substantial contribution of $158.9 million during the 2019-20 election cycle, with a marked preference for supporting Biden over Trump, reflects a deliberate political stance that challenges far-right and authoritarian influences. This action aligns with progressive values by bolstering democratic processes and resisting authoritarian tendencies.

Wall Street's $2.9B Political Donations: Who Spent, Received Most ...