5 ms·

Super long read only to find out at the end, it might be nothing at all.

crispyambulance 8y ago
Yep, this isn't the first story in recent memory from Bloomberg that smells like much ado about NOTHING. What's going on with them?
- e40 8y ago
  Perhaps the agenda is just negative PR on Huawei.
  - Gokenstein 8y ago
    Perhaps US police have shoved too many of these cases under the rug and now they need a scape goat because it is becoming too obvious that US companies cannot bribe, influence, or demand justice from their own government when the opposition is "businesses" with the backing and protection of China.
    - justicezyx 8y ago
      "too obvious that US companies cannot bribe, influence, or demand justice from their own government" In what alternative universe this is happening?!
      - Gokenstein 8y ago
        Sorry, that should have been followed with an, "As they do in China." In the US its more like, "report the issue and watch US authorities sit on it and do fuck all"
- mruts 8y ago
  Well Bloomberg reporters get bonuses based on how much the their stories move the market. Huawei is traded on the Shanghai Exchange so the incentives for the reporter are to make the stock tank (or pop, I guess).
  - withhighprod 8y ago
    And someone could make profit. Hmm it smells like crime
  - ucha 8y ago
    Except Huawei is not traded publicly.
    - mruts 8y ago
      Yeah my bad I guess Huawei culture Co LTD is something else.
  - wybiral 8y ago
    > Well Bloomberg reporters get bonuses based on how much the their stories move the market. Do you have any evidence of this?
  - LMYahooTFY 8y ago
    > Well Bloomberg reporters get bonuses based on how much the their stories move the market. This sounds made up?
    - xt00 8y ago
      It’s not made up, Bloomberg acknowledges it. https://www.businessinsider.com/bloomberg-reporters-compensation-2013-12 https://www.businessinsider.com/bloomberg-reporters-compensa... FTA: We asked Bloomberg about the practice. A company spokesperson acknowledged it. "It isn't news unless it's true. At Bloomberg News, the most important news is actionable. That means we strive to be first to report surprises in markets that change behavior and we put a premium on reporting that reveals the biggest changes in relative value across all assets."
      - wybiral 8y ago
        Reporting on changes and causing changes aren't the same thing. That's like saying that climate scientists are responsible for climate change because they're reporting on it.
docbrown 8y ago
I wouldn’t necessarily say Meng being indicted is “nothing at all.” Nonetheless, the story does a great job of illustrating what type of activities LE must do during a type of operation and investigation of this magnitude.

Yep, this isn't the first story in recent memory from Bloomberg that smells like much ado about NOTHING. What's going on with them?

e40 8y ago
Perhaps the agenda is just negative PR on Huawei.
- Gokenstein 8y ago
  Perhaps US police have shoved too many of these cases under the rug and now they need a scape goat because it is becoming too obvious that US companies cannot bribe, influence, or demand justice from their own government when the opposition is "businesses" with the backing and protection of China.
  - justicezyx 8y ago
    "too obvious that US companies cannot bribe, influence, or demand justice from their own government" In what alternative universe this is happening?!
    - Gokenstein 8y ago
      Sorry, that should have been followed with an, "As they do in China." In the US its more like, "report the issue and watch US authorities sit on it and do fuck all"
mruts 8y ago
Well Bloomberg reporters get bonuses based on how much the their stories move the market. Huawei is traded on the Shanghai Exchange so the incentives for the reporter are to make the stock tank (or pop, I guess).
- withhighprod 8y ago
  And someone could make profit. Hmm it smells like crime
- ucha 8y ago
  Except Huawei is not traded publicly.
  - mruts 8y ago
    Yeah my bad I guess Huawei culture Co LTD is something else.
- wybiral 8y ago
  > Well Bloomberg reporters get bonuses based on how much the their stories move the market. Do you have any evidence of this?
- LMYahooTFY 8y ago
  > Well Bloomberg reporters get bonuses based on how much the their stories move the market. This sounds made up?
  - xt00 8y ago
    It’s not made up, Bloomberg acknowledges it. https://www.businessinsider.com/bloomberg-reporters-compensation-2013-12 https://www.businessinsider.com/bloomberg-reporters-compensa... FTA: We asked Bloomberg about the practice. A company spokesperson acknowledged it. "It isn't news unless it's true. At Bloomberg News, the most important news is actionable. That means we strive to be first to report surprises in markets that change behavior and we put a premium on reporting that reveals the biggest changes in relative value across all assets."
    - wybiral 8y ago
      Reporting on changes and causing changes aren't the same thing. That's like saying that climate scientists are responsible for climate change because they're reporting on it.

docbrown 8y ago

I wouldn’t necessarily say Meng being indicted is “nothing at all.” Nonetheless, the story does a great job of illustrating what type of activities LE must do during a type of operation and investigation of this magnitude.