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Time for Bloomberg to add a little more detail to their claims now, surely?
by jackweirdy 8y ago
Time for Bloomberg to add a little more detail to their claims now, surely?
- cmiles74 8y agoIt would be really nice for Bloomberg to either offer more evidence or tell us they have lost confidence in the article. Likely they will do neither.
- craftyguy 8y ago> Likely they will do neither Right, they likely have already gotten everything they wanted from the article, there's no reason for them to damage their reputation by 'losing confidence' in it, and providing more evidence to support the article won't net them as much publicity/clicks/whatevers as working on the Next Big Article will.
- mruts 8y agoYou realize Bloomberg doesn't really make any money from 'clicks', right? They are a data provider, and as such, have a pretty strong incentive to ensure their data is accurate.
- craftyguy 8y agoThat fits under the "whatever" category.
- mruts 8y agoBut the incentives are very different. Bloomberg makes almost all of their income from the Bloomberg terminal. Their TV network, their news website, everything else, is solely in service to their primary business. The percentage of revenue that comes from advertising for Bloomberg is vanishingly small. Companies follow incentives, and in this case, I think we can reasonably conclude that Bloomberg thought the article was 100% accurate (not saying it is though, I think it's too soon to tell).