TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Bloomberg editor apologizes over private data

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Tuesday, May 14, 2013, 12:01 a.m.
 

The editor-in-chief of Bloomberg News apologized on Monday for the financial news service's practice of accessing private data on clients through the company's ubiquitous information service for stock and bond traders.

Journalists at Bloomberg News, until recently, had been able to see when clients last accessed their Bloomberg information terminals and what broad categories of functions they used. Goldman Sachs had complained that a Bloomberg reporter was using the information to investigate whether a Goldman employee had departed.

“Our client is right,” editor-in-chief Matthew Winkler said in an online posting. “Our reporters should not have access to any data considered proprietary. I am sorry they did. The error is inexcusable.”

Subscribe today! Click here for our subscription offers.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Kennametal plans plant closings, job cuts in fallout from oil and gas decline
  2. Consol Energy posts $74M profit in fourth quarter
  3. BNY Mellon is putting iconic Citizens Bank Tower up for sale
  4. BNY Mellon expands  role for treasury exec
  5. Pipeline companies weather downturn in prices of natural gas, oil
  6. Credit card privacy a myth, study shows
  7. Alibaba finally called out on counterfeits
  8. Fight to lift crude export ban grows
  9. McDonald’s works to recapture golden status
  10. Almost half of households exhaust their income
  11. Super Bowl ads win by playing to viewers’ emotions, experts say