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Bloomberg outage hits financial markets| Reuters

Apr 17, 2015    

LONDON (Reuters) - A two-hour outage at news and market data provider Bloomberg LP hit financial markets around the world on Friday, prompting debt sales to be postponed and exacerbating a spike in volatility in European stocks."We experienced a combination of hardware and software failures in the network, which caused an excessive volume of network traffic," Bloomberg said in a statement."This led to customer disconnections as a result of the machines being overwhelmed."Bloomberg said service has been fully restored and the company is reviewing why its "multiple redun...

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