Symphony, the messaging tool backed by some of Wall Street’s biggest banks, has struck a deal with Dow Jones to offer news content in its service, reports Matthew Garrahan of the Financial Times.
Garrahan writes, “The content deal — likely to be unveiled this week — pits Dow Jones, part of Rupert Murdoch’s News Corp, against Michael Bloomberg’s eponymous company, the world’s largest financial information group.
“Symphony has support from Goldman Sachs, JPMorgan, Morgan Stanley and other Wall Street banks. It was born out of the 2013 snooping scandal, when it emerged that Bloomberg News reporters had used the company’s eponymous terminals to spy on bankers, monitoring when they had last logged-on to the service. Bloomberg apologised and reviewed its practices.”
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