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If Bloomberg ends up retracting the story, then the new question, for me, is how did this happen? Was it simply Bloomberg trying to get views? Or is it more i

If Bloomberg ends up retracting the story, then the new question, for me, is how did this happen? Was it simply Bloomberg trying to get views? Or is it more interesting, like did their "sources" intentionally give them a fake story in order to hurt their credibility? Or was it to cast doubt on the anti-China stories in general?

jahlove 8y ago
It should be pointed out that Bloomberg authors get bonuses if they write stories that move the market: https://www.businessinsider.com/bloomberg-reporters-compensation-2013-12 https://www.businessinsider.com/bloomberg-reporters-compensa... Not saying that was necessarily a motivation here, but it's worth pointing out.
- deleted 8y ago
  [deleted]
- justtopost 8y ago
  Keep parroting this if you want, but that ended in 2014.
spydum 8y ago
I can’t help resist the thought: this was planted for political purposes. 1. If people buy the narrative, it works as anti-China talking points and we continue to villanize China and look for US to step up manufacturing of tech. 2. If it blows up and backfires, we get to villanize journalism as a profession and push for government takeover of media to ensure honest and integrity above profit (eg fakenews). By planted story, I mean insiders or impostors feeding lies to journalists- tho I would hope Bloomberg would know how to vet a source?
- 5minbreak 8y ago
  Agree on 2. If only someone in the US administration really hated what he calls "Fake News" by established media and "Made-up anonymous sources". "Won't anybody think of the poor economy! These unfounded stories are doing direct damage. Disclose your sources to the government or lose your Real News License."
  - gotocake 8y ago
    I think you’re both grossly overestimating just how popular this story is beyond the tech world. This is hardly on the radar of most people, and not likely to move them to support any new laws or initiatives.
huebnerob 8y ago
I find inescapable the conclusion that Bloomberg was a patsy in all this, somehow. Their story is panning out to be a more and more bald-faced lie by the day, and the accusations they made weren't exactly quiet or ignorable either. I actually find it easier to imagine a grand conspiracy to make Bloomberg print this story than I can imagine every journalist there suddenly forgetting every bit of integrity and common sense they ever had.
superkuh 8y ago
Well, Canada is in the process of chosing which companies to buy their 5G telecom stuff from. The US feds were strongly suggesting not to go Chinese. This is very useful in that regard.

jahlove 8y ago

It should be pointed out that Bloomberg authors get bonuses if they write stories that move the market: https://www.businessinsider.com/bloomberg-reporters-compensation-2013-12 https://www.businessinsider.com/bloomberg-reporters-compensa... Not saying that was necessarily a motivation here, but it's worth pointing out.

deleted 8y ago
[deleted]
justtopost 8y ago
Keep parroting this if you want, but that ended in 2014.

spydum 8y ago

I can’t help resist the thought: this was planted for political purposes. 1. If people buy the narrative, it works as anti-China talking points and we continue to villanize China and look for US to step up manufacturing of tech. 2. If it blows up and backfires, we get to villanize journalism as a profession and push for government takeover of media to ensure honest and integrity above profit (eg fakenews). By planted story, I mean insiders or impostors feeding lies to journalists- tho I would hope Bloomberg would know how to vet a source?

5minbreak 8y ago
Agree on 2. If only someone in the US administration really hated what he calls "Fake News" by established media and "Made-up anonymous sources". "Won't anybody think of the poor economy! These unfounded stories are doing direct damage. Disclose your sources to the government or lose your Real News License."
- gotocake 8y ago
  I think you’re both grossly overestimating just how popular this story is beyond the tech world. This is hardly on the radar of most people, and not likely to move them to support any new laws or initiatives.

huebnerob 8y ago

I find inescapable the conclusion that Bloomberg was a patsy in all this, somehow. Their story is panning out to be a more and more bald-faced lie by the day, and the accusations they made weren't exactly quiet or ignorable either. I actually find it easier to imagine a grand conspiracy to make Bloomberg print this story than I can imagine every journalist there suddenly forgetting every bit of integrity and common sense they ever had.

superkuh 8y ago

Well, Canada is in the process of chosing which companies to buy their 5G telecom stuff from. The US feds were strongly suggesting not to go Chinese. This is very useful in that regard.