May 1, 2017

Twitter signs deal with Bloomberg on rolling video news

The deal builds on the live-streaming deals Twitter has done with others that spreads content via the social network. The deal could also help Twitter compete more with giants such as Google and Facebook, which already make a lot of money from video ads. The deal builds on other efforts Twitter has made to beef up the live video streaming available via its service. In the first three months of 2017, Twitter broadcast about 800 hours of live video. Neither Twitter nor Bloomberg would be drawn on the terms of the deal.

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