According to an alarming report published by The New York Times on Friday, reporters at the company were for decades not only permitted, but frequently and forcefully encouraged, to monitor potential story subjects with the terminal software's UUID function.
Bloomberg is not the first elected official to be threatened for his advocacy of increased legislation on gun ownership. The new threat is a high profile, unrepresentative example of the furious, successful pushback against new gun legislation, spearheaded by the NRA and making its way through the laboratories of democracy even as Washington prepares for a new vote.
Which sport, you may wonder, best suits players to trade derivatives or devise credit default swaps? No outlet has given greater thought to this question than Bloomberg News, as evidenced by a curious trend item, published on Thursday, about the preponderance of college lacrosse players in the financial industry.
Investigations are being launched by the Treasury Department and the Federal Reserve to see if their employees were spied on by Bloomberg reporters, too. But they may find Bloomberg reporters didn't always use the terminals to get scoops. They used them for fun on slow days, instead.
Goldman Sachs was not happy to learn that Bloomberg News reporters had access to information about the working hours and news habits of its staff via the terminals it leases from Bloomberg. And given the money at stake, Bloomberg was probably even less happy.
Bloomberg (not the man) has added tweets to Bloomberg Terminal, its Wall Street information machine, hoping to fix, in one fell swoop and in a week when the SEC stepped in on social media, all of the headaches that Twitter has been giving the markets.
We learned today that Oprah would be speaking at Harvard's commencement. Let's look at some of the most intriguing and most WTF options for 2013 commencement speakers.
A summary of the best reads found behind the paywall of The New York Times.
A summary of the best reads found behind the paywall of The New York Times.
A summary of the best reads found behind the paywall of The New York Times.
With 80 billionaires in Davos this week, why not explore the numbers on some of the richest people in the world?
A summary of the best reads found behind the paywall of The New York Times.
The Huffington Post is no longer just an oasis for laid off print journalists, it's also one for rain-soaked Tampa conventioneers.
Beyond the trend of New York City residents renting out their apartments or spare rooms or even just their couches via the website Airbnb.com, there is a new trend: New Yorkers really, really enjoy doing this. Oh how they love it.
At a press conference today, New York City Mayor Michael Bloomberg was asked about an upcoming march in protest of his proposed soda ban. The Mayor made it clear that he was less than amused.
Spike Lee shook Mitt Romney's hand, favors Bloomberg's soda ban, thinks we will gentrify The Atlantic Ocean, and other highlights from his New York Magazine interview with Will Leitch.
"Pulitzer Prize-Nominated" reads the ads promoting Bloomberg Television morning anchor Betty Liu, as does the anchor's own book jacket and a Bloomberg bio, which is really too bad since that the title means nothing and as Jonah Goldberg can tell you, trumpeting it might be actually do more harm than good.
In his profile of New York City Mayor Michael Bloomberg's media empire, New York magazine's Gabriel Sherman explains the stat-based credo Bloomberg's journalists follow, what their bosses want, and perhaps more importantly, what he doesn't want.
Reading Bloomberg View Thursday morning, it's easy to imagine that like Newsweek, the site had gone retro in tribute to Mad Men with Amity Shlaes' column on sexual harassment sounding a little too much like throwback to the pre-enlightenment world of the AMC show.
Work and life are often difficult to balance, but Bloomberg makes it even harder with two seemingly opposing stories this week.
It's a warzone in Syria, unless you happen to be an upper-class supporter of the president. In that case: Life is rather comfortable.
Bloomberg seems very excited about its newfangled "Bloomberg Billionaires Index" which, like Forbes' "The World's Billionaire List" before it, serves mainly as a reminder of how much money you don't have.
Janet Robinson, former CEO of The New York Times Company, received over $21 million upon her departure, a solid 40 percent more than previously thought according to Bloomberg.
In a long letter to Congress, the Federal Reserve chairman Ben Bernanke denies the details of "recent press reports" on its doling out trillions of dollars in secret, emergency loans given to the big banks during the financial crisis, but he doesn't deny giving away a lot of money.
Michael Bloomberg is the 21st-century Monopoly man, minus the monocle, who peddles information and influence instead of colorful real estate.
A show about nerds doesn't sound that appealing
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