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Posts Tagged ‘Matthew Winkler’

Bloomberg News Review Prompts Standards Editor and Ombudsman Hire

After it was revealed that Bloomberg News staffers had used their terminals to spy on Goldman Sachs workersMatthew Winkler, editor-in-chief of Bloomberg News, said the “error was inexcusable” and promised swift changes. That process has now started.

In a review of Bloomberg News’ operations, Clark Hoyt — the former New York Times public editor — suggested the company hire a standards editor and an ombudsman. Bloomberg News is complying with Hoyt’s recommendations. In a letter, Bloomberg’s president, Dan Doctoroffexplained:

We will appoint an Independent Senior Editor to serve as an independent avenue of appeal for issues and complaints around news coverage. This new position will assist in the ongoing development of best ethics practices and training on them. This individual will report to Bloomberg’s Chief Content Officer within the Office of the Chief Executive rather than the news organization.

We will establish a newsroom Standards Editor with the responsibility for making sure that News consistently adheres to The Bloomberg Way’s high standards for accuracy, rigor in reporting, balance and tone.

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Bloomberg News Editor on Spying: ‘The Error is Inexcusable’

Matthew Winkler, editor-in-chief of Bloomberg News, has issued a mea culpa for those staffers who used their Bloomberg Terminals to spy on Goldman Sachs workers. Winkler explained that the practice of using the Terminals to access log-in information dates back to the beginning of Bloomberg News. ”There was good reason for this, as our reporters used to go to clients in the early days of the company and ask them what topics they wanted to see covered,” wrote Winkler. “Understanding how clients used the terminal was more important then.”

While Winkler didn’t say how many staffers were spying, he did admit that Goldman Sachs was right to confront the company about the Terminal use. “Our reporters should not have access to any data considered proprietary. I am sorry they did. The error is inexcusable.” He added that the function that allowed staffers to monitor Goldman Sachs has now been disabled.

Nothing helps move a bad story forward like bluntly admitting you were wrong and vowing to do better, so this is a smart move by Winkler. As long as no more complaints bubble up, we imagine this apology will go a long way toward ending the discussion.

Bloomberg News, Others, Take Home Multiple Loeb Awards

Bloomberg News, The New York Times and The Wall Street Journal each won multiple Gerald Loeb Awards, which recognize excellence in business journalism. Matthew Winkler, Bloomberg News’ Editor-in-Chief, said of grabbing multiple wins, “As there is no greater measure of respect than to be honored by our peers, we are grateful to be recognized with seven Loeb finalists and three Loeb winners, all of them advancing the public interest.”

The awards were presented last night. Below are the winners, congrats to all.

Bloomberg News:

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How The Editor-in-Chief of Bloomberg News Uses Twitter

Matthew Winkler is the Editor-in-Chief of Bloomberg News, as well as a recent Twitter convert. His first tweet was on May 12th, and it was a rather bland announcement of an award won by Bloomberg News. The rest of his three total tweets are also boring statements about the honors Bloomberg News has been given.

Somehow, All Things D thought there would be more behind Winkler’s journey into Twitter, so they interviewed him about it. And guess what? Winkler gives the most boring answers we’ve read in months:

Peter Kafka: Why did you get on Twitter? What do you hope to accomplish?

Matthew Winkler: I want to share the most immediate and direct appreciation of Bloomberg’s reporting, and Twitter is ideal for that purpose.

What was your opinion of Twitter before you started using the service? Has it changed now that you’re tweeting?

I have always admired technology that makes the delivery of news more efficient and Twitter is a good example.

Woo! Are you still sitting down??? Because that was some powerful, insightful stuff right there!

If you’re a thrill seeker – someone who just laughs in the face of danger – go ahead and check out the rest of the interview. Otherwise, we suggest you steer clear.

Bloomberg News Adds Two Executive Editors

Bloomberg News editor-in-chief Matthew Winkler announced today that David Shipley and James P. Rubin have been named executive editors and will spearhead the launch of an editorial page called The Bloomberg View.  In their new roles Shipley and Rubin will oversee the creation of content and commentary across all of Bloomberg’s platforms.

Shipley comes from The New York Times where he served as deputy editorial page editor and op-ed editor.  Rubin is a former U.S. Department of State assistant secretary.  Winkler is confident he chose the right two men for the job:

David Shipley and Jamie Rubin bring incomparable experience and skill to the mandate of developing the Bloomberg View consistent with the values and beliefs of our global company and its internationally-minded founder, Michael R. Bloomberg.  David and Jamie have no peers as an editorial duo addressing the most important issues with a pragmatic sensibility that embraces the diverse challenges of the world.

While both are Winkler’s supervision, Shipley will manage editorial matters in the U.S. and Canada leaving Rubin to handle Central and South America, Mexico, Europe, the Middle East, Asia, and Africa.

Time Editor Tyrangiel To Lead Bloomberg’s BusinessWeek

tyrangiel.jpgThis morning, Bloomberg LP named Time magazine’s deputy managing editor Josh Tyrangiel as the next editor of the recently acquired BusinessWeek.

Tyrangiel, who was also the managing editor of Time.com, was instrumental in the recent relaunch of the Web site. He will be replacing Stephen Adler who announced that he was stepping down from his post last month after Bloomberg acquired the weekly pub in early October. Tyrangiel will be reporting to Norman Pearlstine, Bloomberg’s chief content officer, who in turn will report to Matthew Winkler, editor-in-chief of Bloomberg.

Pearlstine, a former editor-in-chief of Time Inc., first met Tyrangiel while working at the magazine publisher. “I saw Josh in a number of leadership positions as he took on increasing responsibilities at Time…” Pearlstine said. “Josh is recognized within Time Inc. and its parent, Time Warner Inc., as an ‘editor’s editor’ and a natural leader. His understanding of the ways in which print and online publications can work together will serve Bloomberg well as we expand our consumer media offerings.”

Before joining Time, Tyrangiel worked at Vibe and Rolling Stone and produced news for MTV.

Full release after the jump

Long form journalism on the Web is “not working,” TIME.com Managing Editor –Beet.TV

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And BusinessWeek Goes To: Bloomberg LP

businessweek cover 1012.jpg After weeks of speculation, Bloomberg LP just announced that it has agreed to acquire BusinessWeek from McGraw-Hill Cos.

Bloomberg, a late entrant into the bidding for the business weekly, did not disclose terms of the deal.

There had been some speculation last week that, if Bloomberg were to acquire BusinessWeek, the magazine’s staff might be dumped and replaced by the current staff of Bloomberg Markets magazine. Although the press release that just went out about the deal didn’t address any staffing decisions yet, it did note that Bloomberg’s chief content officer Norman Pearlstine has now been named chairman of BusinessWeek.

“Norm’s role will ensure that we fully capitalize on the combined strengths of Bloomberg and BusinessWeek,” said Matthew Winkler, editor-in-chief of Bloomberg News.

We’ll keep you updated as this story progresses. Know anything? Let us know.

Full release after the jump.

Update: BusinessWeek‘s own “On Media” column reports that Bloomberg likely offered $2 to $5 million in cash for the magazine and “has agreed to assume liabilities, including potential severance payments.” Added reporter Tom Lowry, “It remains to be seen how much of the magazine’s 400-plus staff Bloomberg plans to cut, but reports of a planned scorched earth campaign are overblown, say sources.”

Another update: BusinessWeek Publisher Keith Fox‘s memo to the magazine’s staff: “While the ink is barely dry and the long-term plans are being worked out, we do know that Bloomberg is committed to and values our brand, our editorial integrity, and our ability to drive advertising, circulation, and new digital revenue.”

Earlier: Down To The Wire At BusinessWeek

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