Mediagazer: Fed, Treasury Examining Bloomberg Use of Terminal Data (Steve Liesman/CNBC)

1:45 PM ET, May 12, 2013

Top News:

Steve Liesman / CNBC:

Fed, Treasury Examining Bloomberg Use of Terminal Data — Both the Federal Reserve and the US Treasury Department are examining the extent to which Bloomberg-terminal usage by top officials might have been tracked by Bloomberg journalists, CNBC has learned.

Discussion: TVNewser, AllThingsD, Reuters, The Huffington Post, Business Insider, Talking Biz News, Deadline.com and New York Magazine

Peter Lauria / BuzzFeed:

Bloomberg Execs Knew Journalists Were Tracking Clients In 2011 — An anchor made on-air comments about tracking log in information more than a year ago. A big deal internally — but handled quietly. — Executives at the financial information company Bloomberg have known about journalists using …

Discussion: Business Insider, Talking Biz News, Reuters and New York Post

New York Times:

Privacy Breach on Bloomberg's Data Terminals — A shudder went through Wall Street on Friday after the revelation that Bloomberg News reporters had extracted subscribers' private information through the company's ubiquitous data terminals to break news. — The company confirmed that reporters …

Discussion: PandoDaily, Talking Biz News, @felixsalmon, Gizmodo, @kevinroose, @kashhill, The Verge, @nycjim, Business Insider, Beyond Search and Bloomberg

Zachary M. Seward / Quartz:

What Bloomberg employees can see when they snoop on customers — Bloomberg LP is in damage-control mode. Some of its largest customers have publicly accused the firm's journalists of snooping on their usage of Bloomberg terminals, the firm's wildly profitable information service for investors.

Discussion: TVNewser, Business Insider, Financial Times, New York Magazine, Gawker, ValueWalk and The Huffington Post

Julia La Roche / Business Insider:
BLOOMBERG SPYING SCANDAL ESCALATES: Reporters Used Terminals To Spy On JPMorgan During ‘London Whale’ Disaster

Discussion: Gawker, The Week, Salon and Talking Biz News

Joe Pompeo / Capital New York:

Tough times at ‘Columbia Journalism Review’ as an editor departs, others are laid off, and funding looks shaky — In media, there are big fish and little fish. Which is why the appointment of Cyndi Stivers as editor-in-chief of AOL.com didn't create a lot of noise about what would happen …

Discussion: New York Magazine, Folio, @jaysonblair7, @tmcgev, @katz, @sdkstl, @ryanchittum, @germanotes, @alecmacgillis, @abeaujon, @jcstearns, Poynter, @sdkstl, @johngushue, Gawker, @jayrosen_nyu, @mathewi, @justinnxt, @ryanchittum and @mediatwit

Ryan Tate / Wired:

Why E-Mail Newsletters Won't Die — Paul Berry is trying to build the news engine of the future, but, like many online media pioneers, he's finding he just can't escape the grubby format first used more than 40 years ago, e-mail. — Berry's baby, RebelMouse, is state of the art new media …

Discussion: AllThingsD, Thanks:@steverubel

Ken Doctor / Nieman Journalism Lab:

The newsonomics of influentials, from D.C. to Singapore to Raleigh — It's a season of new product launches, but you have to roam around the country and the world to find them. You have to look for the niches they're trying to serve. These launches tell us a lot about the emerging digital news economy …

Rick Gladstone / New York Times:

Pakistan Orders New York Times Reporter Declan Walsh to Leave — Pakistan's Interior Ministry has ordered the expulsion of The New York Times bureau chief in Islamabad on the eve of national elections, the newspaper said Friday. The Times has strongly protested the move and is seeking his reinstatement.

Discussion: Committee to Protect …, Guardian, Gawker, @declanwalsh, @nahaltoosi, @clarajeffery, @mikedwyermike, @humaimtiaz, @fispahani and National Updates

David Weigel / Slate:

Follow Friday: The Clickbait Destroyer — Last summer, on a slow news day, a social media contractor named Alex Mizrahi got irritated with the Internet. The Huffington Post's main Twitter account—Mizrahi was one of more than two million followers—blasted out a headline asking “Who's the richest celebrity?”

Bill Carter / New York Times:

In Blow to NBC News, ‘Rock Center’ Is Canceled — Among the cancellations announced this week in anticipation of Monday's unveiling of a new prime time schedule, surely the hardest to take for NBC News is the closing notice for “Rock Center,” the ambitious newsmagazine program that hoped …

Discussion: Chickaboomer, The Huffington Post, Hollywood Reporter, Los Angeles Times, The Huffington Post, Indiewire Blogs …, The Daily Beast, Baltimore Sun, New York Magazine and Mediaite

Om Malik / GigaOM:

How the New York Times can fight BuzzFeed & reinvent its future — If I ever run into New York Times executive editor Jill Abramson (unlikely as it might be) I will sure as hell let her know that she is absolutely right to be excited about what her paper did with Snow Fall …

Discussion: Journalism.co.uk

Jack Marshall / Digiday:

The Problem With Digital Ad Studies — Digital media always needs to prove itself. It's new. It doesn't have the track record and established methodologies of traditional media. That's why research is so important. But when it's done in digital, it's often paid for by the vendors selling these services.