FT: Thousands of Confidential Bloomberg Terminal Messages Found Online

Just the other day, the New York Post outed Bloomberg reporters for monitoring Bloomberg terminals to track Wall Street traders' accounts. Now, the Financial Times has pointed out another egregious but unrelated security problem: apparently more than ten thousand confidential terminal records have been on the Internet » 5/13/13 6:30pm 5/13/13 6:30pm

Bloomberg Reporters Used Shady Terminal Access To Spy on Finance Types

Trading on Wall Street is basically a huge game of poker and it would be kind of hard to bluff or cover your strategy if Bloomberg News reporters were watching your Bloomberg terminal to track your every move. So you'd assume that said reporters wouldn't abuse their corporate affiliation like that, because it would be… » 5/12/13 9:00am 5/12/13 9:00am

IBM's Watson Supercomputer Is Cashing In on Wall Street

A year ago, IBM's Watson supercomputer bludgeoned human supernerds Ken Jennings and Brad Rutter in Jeopardy. Since then, Watson's been putting its natural language interpretation skills to work for health care organizations, but now it's coming for the money: As of yesterday, Watson works for Citigroup, one of the… » 3/06/12 10:30am 3/06/12 10:30am

Yahoo (Accidentally?) Blocked Emails About the Occupy Wall Street…

Wall Street has been a mess of bodies and police for the past few days as Occupy Wall Street protests have clogged up lower Manhattan. But there were some congestion problems online, too, as Yahoo was reportedly blocking emails attempting to organize the gathering. » 9/20/11 4:34pm 9/20/11 4:34pm

Apple without Steve Jobs Scares the Shit out of Wall Street (Updated)

Just how deeply is Steve Jobs intertwined with the existence and vitality of Apple? Every time concerns over the company's former-CEO have risen, Apple's stock took an appreciable tumble. Today's resignation news appears to be no different. » 8/24/11 7:47pm 8/24/11 7:47pm

12 Gadgety Trading Floors: Just in Time for Today's Wall Street Crisis

As I'm sure you already know, the Dow dropped 500 points today on the news of a Lehman Brothers bankruptcy filing and a $50 billion stock buyout of Merrill Lynch by Bank of America Corp. This tag team of devastation sent stocks spiraling down in the worst tumble we have seen since the 9/11 attacks. Therefore, OObject… » 9/15/08 7:20pm 9/15/08 7:20pm

Motorola Chops Off Handset Division

Today Motorola said it would chew off its woefully underperforming Mobile Devices group in order to safeguard its healthier businesses—namely Broadband & Mobility Solutions, which includes network equipment, walkie-talkies and business products. This comes after famous Wall Street curmudgeon Carl Icahn laid seige to the … » 3/26/08 8:35am 3/26/08 8:35am

Washington, D.C., Wall St. Brought to Their Knees by CrackBerry Outage

While we reported on the BlackBerry service outage (and subsequent magical restoration) earlier, what we didn't note was that it apparently threw Washington, D.C. into sheer chaos. Reuters was on the ground: "I felt like my left arm had been amputated," said Joe Shoemaker, communications director for Assistant Senate… » 4/18/07 11:50pm 4/18/07 11:50pm