(Reuters) – Bloomberg Media Chief Executive Officer Justin Smith is stepping down, effective immediately, to start a new media firm, the Wall Street Journal reported https://www.wsj.com/articles/bloomberg-media-ceo-justin-smith-steps-down-to-found-news-startup-11641310893 on Tuesday. Bloomberg Media did not immediately respond to a Reuters request for comment. Bloomberg competes with Reuters, the news division of Thomson Reuters Corp, in supplying news to media outlets. (Reporting by Eva Mathews in Bengaluru; Editing by Amy Caren Daniel)

Source: Wall Street Journal January 04, 2022 17:18 UTC