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You 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
by mruts 8y ago
You 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).