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I'm going to go ahead and qualify this next statement by saying that I know little to nothing about high frequency trading and little about finance in general,
by wmeredith 14y ago
I'm going to go ahead and qualify this next statement by saying that I know little to nothing about high frequency trading and little about finance in general, but when Wired covers technology subjects I do have in depth knowledge about it's riddled with sloppy reporting and sensationalism. This has happened enough times that I usually skip their coverage entirely and when I do read their stories I do so with a very skeptical eye.
This piece may be different, but I would have know way to know since it's outside my field. It just makes me sad that I can no longer give them the benefit of the doubt. I used to love Wired. However, as I've become more and more knowledgeable about web technology and marketing over the course of my career, the more I see them as one more sensationalistic rag doing bad science and technology reporting for the mainstream.