10
Bloomberg, Which Once Cried Wolf About AWS Hacks, Moves Data to Amazon’s Cloud

Bloomberg, Which Once Cried Wolf About AWS Hacks, Moves Data to Amazon’s Cloud

5 years ago
Anonymous $4ckUSNo_FL

https://wccftech.com/bloomberg-which-once-cried-wolf-about-aws-hacks-moves-more-data-to-amazons-cloud/

Just under a year ago, Bloomberg Business Week, the weekly news magazine of the Bloomberg data and wire service reported that Supermicro’s (OTCMKTS:SMCI) motherboard supply chain had been compromised by China putting its clients, including Amazon (NASDAQ:AMZN) and Apple (NASDAQ:APPL), that built custom servers with its boards at risk. Now, Bloomberg is said to be moving a big part of its data operation to Amazon’s Cloud Service, which it originally reported as comprised, per Computer Weekly. 

For its part, Bloomberg says the move to the cloud is so its clients have better access to its data sets to run Machine Learning algorithms. “Our customers want pricing [data] going back as far as they can get, they want corporate actions going back, security reference data and alternative datasets,” said Tony McManus, CIO at Bloomberg.