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U.S. Labor Department delays removal of media firms’ computers from data ‘lockups’ – Source Reuters Tech News

WASHINGTON (Reuters) – The U.S. Labor Department’s Bureau of Labor Statistics said on Tuesday it was delaying by at least a week its requirement that news agencies remove computers from a room it provides for coverage of embargoed economic reports.

Last month, BLS said it had decided to remove computers from its data “lockups,” effective March 1, to keep data secure prior to public release, stay ahead of rapidly changing technology and remove the advantage of media that provided data to high-speed traders.

It said the changes were in line with recommendations the department’s inspector general made in 2014.

But in a statement on Tuesday, BLS Commissioner William Beach said the bureau had decided to delay the plan to ensure readiness. “Implementation of the changes to the Department’s lock-up will now occur no sooner than March 9, 2020,” he said.

Lawyers representing Reuters, Associated Press, Bloomberg, Dow Jones & Company and Market News early this month wrote a…

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Source Reuters Tech News

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