Bloomberg
Media Bias by Omission: Bloomberg Doesn't Investigate Democratic Presidential Candidates
As of Nov. 2019, Bloomberg admits that it engages in bias by omission with a Lean Left bent. Mike Bloomberg, New York City mayor and founder of the financial software company that owns Bloomberg, officially entered the 2020 Democratic presidential race in Nov. 2019. According to a memo sent to editorial and research staff obtained by CNBC and verified by a Bloomberg spokesperson, Bloomberg News announced it would refrain from investigating Mayor Bloomberg and his Democratic rivals.
“We will continue our tradition of not investigating Mike (and his family and foundation ) and we will extend the same policy to his rivals in the Democratic primaries. We cannot treat Mike’s democratic competitors differently from him,” Editor-in-Chief John Micklethwait said in the memo.
In Dec. 2019, President Donald Trump's campaign announced it would stop credentialing Bloomberg News reporters for rallies and other events until the outlet resumed investigating Democratic candidates.
Mike Bloomberg is founder and 89% shareholder in Bloomberg LP, the financial software company that owns Bloomberg News.
Cantor Fitzgerald LP, Tether Holdings Ltd. and SoftBank Group are in talks to form a $3 billion special purpose acquisition vehicle that would absorb billions of dollars in cryptocurrency, according to a Financial Times report . The vehicle, named Cantor Equity Partners, raised $200 million in January and will use the cash to create a new firm, according to the report. Stablecoin giant Tether will contribute $1.5 billion of Bitcoin, while Tether-affiliated exchange Bitfinex Technology Ltd. and SoftBank plan to put in $600 million and $900 million of the cryptocurrency,...