London Stock Exchange in talks to buy financial data provider Refinitiv

illustration of a wallet with bar graphs coming out of it
Illustration: Sam Jayne/Axios

The London Stock Exchange said it's in talks to buy Refinitiv, the financial data provider that The Blackstone Group just last year carved out of Thomson Reuters (which retained a 45% stake).

Why it matters: This would put the British bourse in direct competition with Bloomberg's terminals business.

The curious case of Bloomberg's Huawei scoop

In this image, the Huawek logo is seen on the side of a building on a foggy day.
A Huawei logo. Photo: Jaap Arriens/NurPhoto via Getty Images

Bloomberg reported Tuesday that Vodafone's Italian division had discovered "backdoors" in its Huawei-brand telecommunications equipment in 2011 and 2012.

But, but, but: The story did not play well in the security community, where the evidence is seen as insufficient to the central claims. It didn't make a strong case that the "backdoor" was anything more than a minor, unintentional problem. Vodafone's official stance was it wasn't.