Dow Jones’ new DJX product to take aim at Bloomberg
News Corp. held an investor meeting on Tuesday where the soon-to-be-split company discussed its future, and its Dow Jones & Co. subsidiary unveiled a product called DJX aimed at rival Bloomberg. An Associated Press story states, “Analyst Todd Juenger of Bernstein Research said the stock market was putting little to no value on the publishing […]
Bloomberg hires Tam from Wall Street Journal
Pui-Wing Tam, the former deputy bureau chief of the Wall Street Journal’s San Francisco bureau, will join Bloomberg next month as the Team Leader running Silicon Valley tech coverage, succeeding Tom Giles. Pui-Wing has broad knowledge of Silicon Valley companies, consumer electronics, venture capital and business technology. She was the first to report the ouster […]
Bloomberg, Citi launch chat service for currency traders
Bloomberg L.P. Thursday unveiled a new chat service for foreign-exchange traders across various banks, developed in collaboration with Citigroup, reports William Launder of The Wall Street Journal. Launder writes, “The product is part of a broader effort by banks to take direct control of employee-communications services, at a time when the security of chat platforms […]
Bloomberg News hires Boston Globe’s ME
Caleb Solomon will join Bloomberg News as an editor at large for Top News, beginning Monday, June 17, editor-in-chief Matthew Winkler announced Thursday. Solomon joins Bloomberg News from The Boston Globe, where he has served as managing editor/digital since March 2013. Previously, Solomon was The Globe’s managing editor, where he acted as the newsroom’s chief […]
Bloomberg econ reporter to become the Perfect Anecdote
Alex Kowalski, an economics reporter for Bloomberg News in Washington, is leaving the wire service for graduate school in urban planning at Cal-Berkeley. “I will focus on housing, community and economic development, topics that increasingly commanded my interests as I wrote more and more about the U.S. economy,” wrote Kowalski in an email to Talking […]
Reuters vs. Bloomberg for chat functions
Simone Foxman of Quartz writes about how Reuters also offers a chat function to its customers that is similar to the one that Bloomberg offers on its terminals. Foxman writes, “Alternatives to Bloomberg chat are already out there, the most prominent offered by Thomson Reuters itself since 2002. In fact, according to a source, Thomson […]
Financial firms seeking Bloomberg alternative
Nathaniel Popper of The New York Times reports about how some Wall Street firms are seeking an alternative to Bloomberg LP’s services in the wake of the data and news service company’s snooping scandal. Popper writes, “Two competitors to Bloomberg — Thomson Reuters and Markit — have already signed an agreement to develop the technology, […]
Entitled to snoop in an ego-driven environment
Simon Dumenco of Ad Age deconstructs the Bloomberg snooping scandal and what it means. Dumenco writes, “Bloomberg News’ admitted misuse of its power is worth deconstructing here, in Advertising Age specifically, because we’re one of the more than 440 publications worldwide that license Bloomberg journalism. (Adage.com occasionally runs Bloomberg stories.) “For those of us who […]
What the Bloomberg scandal tells us about the media
Neil Irwin of The Washington Post writes about how the recent Bloomberg snooping scandal illustrates what drives today’s business journalism. Irwin writes, “The interface, while not particularly hard to learn, is not intuitive, so people who are used to it tend to want to stick with it. It is not uncommon for hedge fund types […]
Discussing Friday’s Bloomberg announcement
Here is a video of Chris Roush, Walter E. Hussman Sr. Distinguished Scholar in business journalism at the University of North Carolina, talking with CNBC’s Maria Bartiromo and Steve Liesman about Bloomberg LP’s announcement that it will have an audit of its internal procedures.
