Contrary to a report from Businessworld that was carried by the Dow Jones wire (IMD, October 21), Merrill Lynch is not selling its stake in Bloomberg. The brokerage may sell a small portion of its holdings, but will remain a major shareholder for a long time to come, according to a Bloomberg source.

London-based MAID, an online business information service that carries data from broker analysts and S&P Comstock, is making noises about expanding into the real-time market to compete with Reuter

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