How Bloomberg News plans to cover the Democratic primary race
Sara Fischer of Axios reports about how Bloomberg News plans to cover the Democratic primary race now that owner Michael Bloomberg has entered the race. Fischer reports, “The company has struggled in recent weeks to determine how it would cover the race and Bloomberg as a candidate, given that its company policies prohibit the newsroom from covering Bloomberg’s […]
Bloomberg weighs implications of supporting Michael Bloomberg’s political campaign
One of Michael Bloomberg’s advisers announced last week that the billionaire was taking measures to enter the 2020 race for the Democratic presidential election. With this, Bloomberg, the financial data and media company, is grappling with the implications of having to cover this campaign. If Michael Bloomberg decides to go ahead with his political campaign, […]
India-based company drops libel claim against Financial Times
India-based Reliance Communications has dropped its libel claim against the Financial Times, which sought $1.1 billion in damages over reporting on his business record. Benjamin Parkin of the Financial Times reports, “The lawsuit was filed in the western Indian city of Ahmedabad last year over an FT report on a now-abandoned agreement by RCom to […]
Fortune CEO Murray: The facts do matter
Media companies and consumers of news need to focus more on facts and less on opinion, said Fortune CEO Alan Murray in a speech on Friday. “We have to get back to the point where certain facts are accepted,” said Murray. “It’s more important to be right than to be first.” Murray spoke Friday at […]
Bloomberg Law tells reporters not to gloat about scoops on social media
Bloomberg Law has told its reporters not to gloat about their scoops on social media, reports Erik Wemple of The Washington Post. Wemple reports, “In a subsequent memo to staff, Antonelli wrote, ‘We want to be sure reporters and editors get consistent guidelines about what to share and how to share it. We have enhanced our policies […]
Quartz removed from App Store in China, site blocked in China
Apple has removed the Quartz mobile app from the Chinese version of its App Store after complaints from the Chinese government, and the financial news site says its entire website has also been blocked from being accessed in mainland China. Nick Statt of The Verge reports, “The publication says it received a notice from Apple […]
Bloomberg Law retracts article on Labor official
Bloomberg Law has retracted this article, published on Sept. 3, that focused on social media posts from Department of Labor official Leif Olson. Erik Wemple of the Washington Post writes, “A note to staff from Editor in Chief Cesca Antonelli strikes some of the same notes, pledging to strengthen ‘policies and processes.’ According to the […]
Independent review clears FT reporters of collusion
In July, the Financial Times announced that it had appointed law firm RPC to conduct an independent review into allegations that FT investigative reporters had engaged in collusion with investors in German fintech company Wirecard this year. After an extensive review, RPC has found that the evidence does not support any claims of collusion between the […]
Bloomberg sued in Rose sexual harassment suit
Bloomberg has been named as a defendant in the sexual harassment lawsuit filed by the makeup artist of talk show host Charlie Rose, reports Irin Carmon of The Cut. Carmon reports, “Riggi’s suit is the first to name Bloomberg LP, where Rose’s PBS show was filmed, and which aired the show on its cable channel, as […]
Ad exec sues Adweek and former editor at large
A former executive at the Martin Agency is suing industry publication Adweek and its former editor-at-large Patrick Coffee, reports Ann-Christine Diaz of Ad Age. Diaz reports, “The complaint also claims that Adweek and Coffee acted ‘in concert with or on behalf of DMA and the DMA Doe Defendants, published a damning indictment of Joe, citing unnamed ‘sources,’ anonymous […]