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The blog was founded in 2003 by New Zealand resident Richard MacManus, who remains its editor. MacManus fully owned the blog until December 2011, when he sold it to SAY Media of San Francisco. He began blogging full-time in 2005. The blog generates revenue through advertising, researched reports and events.
Since 2008, the blog has had a syndication partnership with The New York Times. The site also has editions devoted to France, Spain, Brazil and China, as well as sites dedicated to enterprise, business, startups and cloud computing. ReadWrite has no central office, with employees working from around the world using cloud-based tools.
Bloomberg is a financial news and data company founded in 1981 and primarily owned by billionaire and New York City mayor Michael Bloomberg. The vast majority of Bloomberg’s $8.3 billion in 2013 revenue — 82 percent, as of 2012 — are tied to its $20,000-per-year financial data terminals used by 318,000 subscribers as of 2014, but the company’s…