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Posts Tagged ‘Bloomberg’

Morning Media Newsfeed: Bloomberg Snooping | Meyers Succeeds Fallon | Walters to Retire in 2014


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Bloomberg Admits Terminal Snooping (NYT)
Reporters at Bloomberg News were trained to use a function on the company’s financial data terminals that allowed them to view subscribers’ contact information and, in some cases, monitor login activity in order to advance news coverage, more than half a dozen former employees said. Bloomberg / Matthew Winkler Our reporters should not have access to any data considered proprietary. I am sorry they did. The error is inexcusable. Last month, we immediately changed our policy so that reporters now have no greater access to information than our customers have. Removing this access will have no effect on Bloomberg news-gathering. At no time did reporters have access to trading, portfolio, monitor, blotter or other related systems. Nor did they have access to clients’ messages to one another. BuzzFeed Executives at Bloomberg have known about journalists using the company’s terminals to spy on clients at least since September 2011 — more than a year before the practice turned into a scandal that threatens the company’s relationships with its clients. That month, Erik Schatzker, an anchor at Bloomberg TV and host of Market Makers, was reprimanded for making on-air comments about using terminal data to track the activities of at least one story subject, according to two sources with knowledge of the situation. TVNewser CNBC talked with a former Bloomberg employee who says he accessed usage information of Federal Reserve chairman Ben Bernanke and former U.S. Treasury secretary Tim Geithner. He said he did it “just for fun” and as a way “to show how powerful” the Bloomberg terminals were. CNBC In response to queries that Bloomberg journalists had access to officials data usage, a Bloomberg spokesman said, “What you are reporting is untrue” but declined to respond when asked what specifically was inaccurate. He also would not say whether the company had investigated journalists’ access to this information. Read more

Morning Media Newsfeed: Bloomberg Snooping | Meyers Succeeds Fallon | Walters to Retire in 2014


Click here to receive Mediabistro’s Morning Media Newsfeed via email.

Bloomberg Admits Terminal Snooping (NYT)
Reporters at Bloomberg News were trained to use a function on the company’s financial data terminals that allowed them to view subscribers’ contact information and, in some cases, monitor login activity in order to advance news coverage, more than half a dozen former employees said. Bloomberg / Matthew Winkler Our reporters should not have access to any data considered proprietary. I am sorry they did. The error is inexcusable. Last month, we immediately changed our policy so that reporters now have no greater access to information than our customers have. Removing this access will have no effect on Bloomberg news-gathering. At no time did reporters have access to trading, portfolio, monitor, blotter or other related systems. Nor did they have access to clients’ messages to one another. BuzzFeed Executives at Bloomberg have known about journalists using the company’s terminals to spy on clients at least since September 2011 — more than a year before the practice turned into a scandal that threatens the company’s relationships with its clients. That month, Erik Schatzker, an anchor at Bloomberg TV and host of Market Makers, was reprimanded for making on-air comments about using terminal data to track the activities of at least one story subject, according to two sources with knowledge of the situation. TVNewser CNBC talked with a former Bloomberg employee who says he accessed usage information of Federal Reserve chairman Ben Bernanke and former U.S. Treasury secretary Tim Geithner. He said he did it “just for fun” and as a way “to show how powerful” the Bloomberg terminals were. CNBC In response to queries that Bloomberg journalists had access to officials data usage, a Bloomberg spokesman said, “What you are reporting is untrue” but declined to respond when asked what specifically was inaccurate. He also would not say whether the company had investigated journalists’ access to this information.

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Bloomberg.com Launches Politics Vertical, Blog

Bloomberg.com is getting more political. It has launched a politics vertical and a blog, titled Political Capital, which is actually pretty clever, so just shut up. The politics page will feature headline news, video content from Al Hunt, and more.

The blog — helmed by Mark Silva — will highlight the connection of money and the government. We bet you didn’t even know money had any influence over our politicians, but it’s true!

“Our content leverages Bloomberg’s unmatched depth in data analysis and visualization, informing voters and political and business leaders with fact-driven intelligence about the intersection of American politics and the economy,” Silva humbly said, via Bloomberg. “Our reporting comes from a Washington operation unmatched in size and scope, our data from a global information-gathering organization.”

Bloomberg to Publish Daily Mag for Republican and Democratic Conventions

Bloomberg LP has big plans for the Republican and Democratic conventions this year. The media giant plans to publish daily magazines, titled Bloomberg Insider, for each event. The glossies will be distributed each day, pulling information from Bloomberg View, Businessweek and Bloomberg Government, a web-subscription service launched last year.

Bloomberg Insider will feature well-packaged news and information from all of our platforms together with Bloomberg’s exclusive data, information and analytics,” said Tim Franklin, a managing editor for Bloomberg News, who will also serve as editor for Insider.

There will be 15,000 copies of Insider distributed per day during the conventions, but as Adweek notes, the title will have some competition. Politico, National Journal, CQ and Roll Call will all be publishing dailies during the event.

Bloomberg to Fill Giant Tech Coverage Void

Exciting news for those of you who can’t find a tech site that you like, despite there being about 57 million of them out there already: Bloomberg News is expanding its coverage with a new vertical and two new tech blogs.

According to Fast Company, the vertical will launch at some point today and be overseen by Tom Giles, Bloomberg News’ Technology Team Leader. The site will also be helmed mostly by San Franciso-based editors and writers.

The two blogs — both in a soft launch as of now — will be edited by Marcus Chan. The names? Tech Blog and Tech Deals. Absolute craziness.

How anyone can possibly still be searching for additional tech sites to read is beyond us, but hey, maybe this expansion will work for Bloomberg. It’s not like the company has to worry about losing money on something that fails.

Bloomberg Hires New Global Head of Web

Paul Maya has been named global head of Bloomberg.com and Businessweek.com. Prior to, Maya was vice president, Technology at CNN Digital where he lead its digital technology strategy and product implementation.

In his role at Bloomberg, he will be responsible for the general management, strategic planning, and branding for the two consumer-facing websites. Maya will report to Andy Lack, CEO of Bloomberg Multimedia.

“We are delighted to welcome a creative thinker and proven strategist like Paul to Bloomberg,” said Lack.  ”His experience building digital businesses that integrate news, data and video will be enormously valuable as we continue to build out our next generation of global web products.”

Cubes: VIP Tour of Bloomberg TV

In this brand-new episode of “Cubes,” we get a VIP tour of Bloomberg’s Manhattan offices from Bloomberg TV correspondent Gigi Stone. Check out the video below…

For updates on future episodes of “Cubes,” be sure to follow us on Twitter: @mediabistroTV


Cubes: VIP Tour of Bloomberg TV

In this brand-new episode of “Cubes,” we get a VIP tour of Bloomberg’s Manhattan offices from Bloomberg TV correspondent Gigi Stone. Check out the video below…

For updates on future episodes of “Cubes,” be sure to follow us on Twitter: @mediabistroTV


Reuters Revamps Website

Reuters’ website is getting a new look, but it’s not happening all at once. As of now, when you visit Reuters.com, the old one appears with a link to check out the new format. It is supposed to go live at some point today. The new look, according to paidContent, is a direct reaction to Bloomberg and other sites, which have shifted from the business-centric approach to appeal to a wider audience:

Bloomberg, Reuters and Dow Jones (NSDQ: NWS) have been working diligently on becoming more “consumer facing,” that is, appealing to wider professional audience than the financial markets professionals who subscribe to their respective services. The feeling is that as the business of news is flattened on the web, where traditional print brands are effectively rendered equal in terms of distribution and reach, these financial information companies can expand their presence to both readers and advertisers, thereby enhancing their their core services.

This is definitely reflected in the new site. The old site features typical Reuters content – there’s articles about the economy, a piece about Europe’s debt crisis, and a stock ticker lines the right side of the page.

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WCBS/Channel 2 Loses Executive Producer to Bloomberg

Television news veteran Gary Kanofsky is set to leave WCBS/Channel 2 for Bloomberg. His last day at WCBS is July 8.

Kanofsky has been the 11 p.m. executive producer since early 2009. Prior to that, Kanofsky spent 10 years at CNBC.

“Bloomberg is a tremendous organization,” Kanofsky tells ours sister station TVSpy.

He’ll be based in London as a senior executive producer.

WCBS has not named a successor.

TVSpy has much more on the story.

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