Categories: OLD Media Moves

Bloomberg’s chat function crashes

Bloomberg’s chat function – which the company brags is the first ever social network – has gone down Tuesday morning, and people in the industry are not happy, reports Robin Wigglesworth of the Financial Times.

Wigglesworth writes, “The chat system, formally known as Instant Bloomberg, is how thousands of traders, analysts and money managers constantly interact, and is one of the most important functions on its ubiquitous terminal.”

“According to a person familiar with the outage at Bloomberg, it’s an ‘internal issue’ that the company expect to be resolved soon. ‘Service is being restored now,’ the person said.”

Read more here. Shortly after 11 a.m., Talking Biz News received the following from a Bloomberg spokesman: “It was an internal issue, and service has been restored.”

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.