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Monday 13 May 2013

Bloomberg Admits Allowing Reporters to Snoop on Users


"Reporters at Bloomberg News were trained to use a function on the company's financial data terminals that allowed them to view subscribers' contact information and, in some cases, monitor login activity in order to advance news coverage," the New York Timesreports.

"More than 315,000 Bloomberg subscribers worldwide use the terminals for instant market news, trading information and communication. Reporters at Bloomberg News, a separate division from the terminal business, were nonetheless told to use the terminals to get an edge in the competitive world of financial journalism where every second counts."

Bloomberg News editor-in-chief Matthew Winkler apologized in a column today.

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