CNBC hires Susan Li from Bloomberg Television

CNBC announced Tuesday that it has hired Bloomberg Television anchor Susan Li to work in its Asia operations. Li’s new assignment will include coverage during CNBC’s core business day programming in Asia-Pacific. She will debut on the network shortly after the new year. Li has been based in Hong Kong with Bloomberg television for the […]

Change in news mission at Bloomberg LP

Interviews with current and former Bloomberg employees show that the business and news operations exist in uneasy tension, and occasionally collide, reports the New York Times in an article for Monday’s paper. Amy Chozick, Nathaniel Popper, Edward Wong and David Carr write, “Against this backdrop, some top executives have begun to question the role of […]

Bloomberg News announces promotions of editors

Bloomberg News editor in chief Matt Winkler sent out the following promotions to the staff on Friday: We are pleased to announce promotions in Laurie Hays‘ Beat Reporting group that will further our ambitions to break important stories and follow them up with first-rate depth reporting. These positions are, for the most part, new and […]

Where will China reporter Mike Forsythe land?

Michael Forsythe, the former Bloomberg News reporter who left the organization earlier this week after he was suspended for allegedly leaking that the company wasn’t publishing sensitive stories in China, is now looking for another job. And it appears that the New York Times is the frontrunner for his services. Editors at the Times would […]

The fallout for Bloomberg in China, and in its newsroom

Matt Schiavenza of The Atlantic writes about the implications surrounding Bloomberg News and reports that it has held up publishing articles in China deemed sensitive to the government. Schiavenza writes, “The story, in many ways, is just beginning, and there are many unanswered questions. Will Bloomberg ultimately decide to publish a version of the story? […]

Fear and anxiety at Bloomberg Television

Peter Lauria of BuzzFeed writes Tuesday about the review currently being undertaken at Bloomberg Television by top executives. Lauria writes, “According to sources, Smith, who last month embarked on a 100-day strategic review of Bloomberg’s operations, has had little direct communication with the TV staff as a whole. While Smith set up his office across […]

The evolution of Bloomberg News

Felix Salmon of Reuters writes about how Bloomberg News is changing in the wake of layoffs this week and a disclosure earlier this month that it was not publishing sensitive stories in China. Salmon writes, “I got a phone call this afternoon from one Bloomberg employee of very long standing, who used terms like ‘Lord […]

Bloomberg reporter Forsythe confirms his departure from company

Michael Forsythe, the Bloomberg News reporter in China who was suspended without pay last week for allegedly leaking that the news organization had held sensitive stories that might upset Chinese officials, confirmed on Twitter Tuesday that he has left the company. Forsythe wrote, “I can confirm that I have left Bloomberg News. That’s all I’m […]

Biggest Bloomberg cut is four-time Pulitzer winner

Amid all of the layoffs at Bloomberg News on Monday was the departure of a four-time Pulitzer Prize winner, Sydney Freedberg, who had joined the news organization in 2011. Freedberg had worked out of Miami. A recent story looked at the $110 billion stent industry in health care. Before joining Bloomberg, Freedberg had worked for […]

Winkler’s note to Bloomberg staff: We will grow in 2014

Here is the message that Bloomberg editor in chief Matthew Winkler sent to the staff on Monday about its layoffs: When we announced the management reorganization a little more than a month ago, we said we wanted to be ideally positioned for growth, foster deeper collaboration, and develop our news products. Since then, we evaluated […]