Bloomberg and Twitter teams up to create a 24-hour streaming news channel.

Twitter and Bloomberg are teaming up to create a 24-hour streaming news channel that will have reports from Bloomberg Television's various news bureaux, as well as vetted user-generated content.

In South Africa Bloomberg Television is available on MultiChoice's DStv, as well On Digital Media (ODM) and StarTimes Media South Africa's StarSat satellite pay-TV platforms.

Bloomberg's Twitter news channel will have some exclusive content on this online business news channel different from its Bloomberg Television channel.

"Today's global news consumer wants and needs more than what's currently available," says Justin Smith, CEO of Bloomberg Media, in a statement.
 
"With this new network, we are setting out to reinvent the digital breaking news experience."

Bloomberg's Twitter channel will launch later this year.