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Compliance officers at Wall Street firms, in order to police employees at their firm, do have the ability to get unmasked transcripts of any Bloomberg chat.
But the effect of the “unmasking,” as users have come to call it, is likely to be even greater than that as news of the breach is rippling throughout the company’s 325,000 subscribers.For example, survivors of sexual abuse often do not want their attackers to know that they are speaking about this highly stigmatized issue.These people they feel comfortable entering an anonymous chat room so that they can have a sense of support without actually revealing their identity.But Facebook believes this chat app has a place in that already busy lineup. It also was designed for mobile devices -- a departure from cramming Facebook's website features into a small program that fits on a screen nestled in the palm of your hand.
The app was designed by the team at Branch, a startup Facebook bought earlier this year.
An executive at Bloomberg confirmed the e-mail’s contents.