A Goldman Sachs sign is seen on at the company's post on the floor of the New York Stock Exchange in this file photo taken January 18, 2012.BRENDAN MCDERMID/Reuters
Financial data giant Bloomberg LP will limit the information its reporters can access on the company's popular data terminals following an outcry from some major U.S. investment banks.
Before Friday, Bloomberg, which runs a growing news organization, offered its reporters access to a special service that allowed them to track how long it had been since Bloomberg users in the financial community logged in to their terminals.
The reporters also had access to a service that tracked the functions each user performed on his or her terminal.
This access caused a stir on Friday when Goldman Sachs revealed that a Bloomberg reporter asked someone at the firm if a partner had left the company because he hadn't logged into his terminal in quite some time.
After the complaint became public, it was revealed that JP Morgan had similar concerns last year when the investment bank's chief investment office tried to unwind what is now known as the London Whale trade.
Responding to the resulting outcry, Bloomberg says its roughly 2,000 journalists will no longer have access to these services, according to the Associated Press.
The technology news site Quartz breaks down what the Bloomberg reporters were capable of doing until Friday.
Tim Kiladze