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"He's put up $60 million of his own money to stake his claim on a giant" Unfortunately this is a typical article simply quoting what someone says as if it is f
by larrys 14y ago
"He's put up $60 million of his own money to stake his claim on a giant"
Unfortunately this is a typical article simply quoting what someone says as if it is fact. If you do the math on what it cost to apply for the TLD's it would be more like $10,000,000 not $60,000,000.
At the very least it would have been correct to say "He says he plans to invest up to $60,000,000" not to make a statement of fact. This is exactly how the media builds legends. "He's put up" indicates a statement of fact that is to be believed.