In The Era Of Free Information, Can Bloomberg's Terminal Be Toppled?

As Bloomberg announced its new media direction recently, it comes amidst increasing questions regarding the long-term viability of the firm's crown jewel and its business model: The Bloomberg terminal.

In the Internet age when much of the functionality and information on the Bloomberg terminal is available for free or at lower cost, can Bloomberg hold its grip on the market?

"Here’s a business that makes billions every year charging its users to access data that it generally obtains from third parties"

Matt Turck, managing director at FirstMark, a venture capital firm that invests in big data firms, asks the question:  “In the era of free information on the Internet and...