Roberts writes, ¨There was a time when traders relied on reporters to tell them about market news. Today, computers can do a better job: Algorithms are able to detect everything from earnings data to social media sentiment, and are much faster than any keyboard-pounding journalist.
¨This recent wave of automated information has brought big changes for financial news, and economists and the media industry are still digesting the implications.
¨’Classic breaking news is a function of technology now. Computers find it, and traders trade on it,’ said James Stewart, a journalism professor and New York Times columnist.
¨Stewart made the observation on Friday at ´How the Media Affects Markets,’ a Columbia University event that explored new trends in financial reporting.¨
Read more here.
Fox Business host Larry Kudlow has no plans to leave his role amid reports detailing…
Morgan Meaker, a senior writer for Wired covering Europe, is leaving the publication after three…
Nick Dunn, who is currently head of CNBC Events as senior vice president and managing…
Wall Street Journal editor in chief Emma Tucker sent out the following on Friday: Dear…
New York Times metro editor Nestor Ramos sent out the following on Friday: We are delighted to…
Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…