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France's AMF watchdog fines Bloomberg €5M over Vinci hoax

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Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#111
post #3

In today's world of race to the finish (/ bottom) journalism, I think it should be mandatory for all publications to have an addendum to each article, which contains: * list of sources of information and original research conducted ( including names of interviewees, only anonymized with a justification, links, etc ) * a sign-off by a journalist (note: not supposed to imply responsibility or liability for accuracy of…

If you don't trust it, don't consume it. Eventually trust either wins, or you don't care about it very much. The government, fines and aggressive rules won't fix it. Media is a product, not some kind of right.

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#112
post #3

In today's world of race to the finish (/ bottom) journalism, I think it should be mandatory for all publications to have an addendum to each article, which contains: * list of sources of information and original research conducted ( including names of interviewees, only anonymized with a justification, links, etc ) * a sign-off by a journalist (note: not supposed to imply responsibility or liability for accuracy of…

If you don't trust it, don't consume it. Eventually trust either wins, or you don't care about it very much. The government, fines and aggressive rules won't fix it. Media is a product, not some kind of right.

I would like the ability of pointing out journalistic bias in other media so customers stop listening to them, and this requires source materials to compare to the way the article is written. Our problem is not how we consume media, but how others do; Enabling a sane discussion to highlight that the article misinterpreted the source is part of the discussion. As long as we live in the same voting space, I want entry points to criticize their articles.

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#113
post #3

In today's world of race to the finish (/ bottom) journalism, I think it should be mandatory for all publications to have an addendum to each article, which contains: * list of sources of information and original research conducted ( including names of interviewees, only anonymized with a justification, links, etc ) * a sign-off by a journalist (note: not supposed to imply responsibility or liability for accuracy of…

If you don't trust it, don't consume it. Eventually trust either wins, or you don't care about it very much. The government, fines and aggressive rules won't fix it. Media is a product, not some kind of right.

you are correct. if people don't consume bullshit, no one will sell it. easier said than done though.

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#114
post #3

In today's world of race to the finish (/ bottom) journalism, I think it should be mandatory for all publications to have an addendum to each article, which contains: * list of sources of information and original research conducted ( including names of interviewees, only anonymized with a justification, links, etc ) * a sign-off by a journalist (note: not supposed to imply responsibility or liability for accuracy of…

If you don't trust it, don't consume it. Eventually trust either wins, or you don't care about it very much. The government, fines and aggressive rules won't fix it. Media is a product, not some kind of right.

Try that logic with tap water in flint Michigan.

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#115
post #13
post #3

In today's world of race to the finish (/ bottom) journalism, I think it should be mandatory for all publications to have an addendum to each article, which contains: * list of sources of information and original research conducted ( including names of interviewees, only anonymized with a justification, links, etc ) * a sign-off by a journalist (note: not supposed to imply responsibility or liability for accuracy of…

Well-respected publications have internal checks and balances that do all these things for investigative stories already. You seem not to know enough about how the journalism industry has solved these issues to make a proposal. The system does work fairly well. Screw-ups of investigations and scoops are big news because they're rare among serious journalistic outfits. No individual journalist wants to be known for ge…

Well-respected publications should have internal checks and balances. They don't. My favourite spectacular failure was when NPR, of all organisations, falsely claimed that Michael Cohen's guilty plea showed Donald Trump Jr. had lied to Congress. It was a very convincing article which rapidly went viral - Cohen had said that specific negotations were ongoing in 2016, and they had a quote from Trump Jr's testimony which seemed to say they weren't. Except that quote was from his reply to a question specifically about negotations other than those ones, which he had already told Congress about. Even the slightest scrutiny of the key quote the entire accusation revolved around would've given the error away. They didn't give it that scrutiny.

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#116

Earlier quoted context omitted.

This could be an area where the much hyped block chain technology actually makes sense. But don't ask me what the incentives would have to be for journalistic organisations to adopt the technology.

First thing would be to de-correlate this 'news blockchain' entirely from any sort of 'coin', 'token', whatever 'currency' thing — a blockchain is a distributed database, period, 'crypto-coins' being just one application for this storage. There are several ways to do it then but a standard would likely emerge, as in: "we commit to mirror-publish our content to ThePressChain." You'd likely store only text (say the raw…

What you're describing already exists - just have news groups publish to `github` or some other `git` server (They could even host their own), and then anybody who wants can clone it.

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#117
post #99
post #11

Do you remember the Bloomberg article about Big China Chip Hack? About Apple was been refuted, debunked, and ridiculed. See https://appleinsider.com/articles/19/10/04/editorial-a-year-...

I'm still not sure what to think of that. I don't think there's much of any "evidence" to prove it and a hack like that is pretty. Then again nobody ... did anything after that either and everyone responded kinda awkwardly about it. I can't help but wonder if they got it dead wrong, but anyone clarifying or suing to prove otherwise would expose something else and so ... nobody talks?

Wouldn’t Apple or Amazon suing Bloomberg force them to provide details and access to their farms in ways that could expose more info than they are willing to give ?

I think about the kind of info we only get when lawsuits happen, and here the suing party could be losing more in collateral damage for just punishing a petty journal ?

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#119

Earlier quoted context omitted.

I'd love to see this for politicians. Lie and you're automatically removed from office and fined/jailed. Also, I never understood why a vote is a one way street, why can't I recall my vote if the politicians that gained my vote with their programs and promises then end up breaking those promises and not implementing their programs.

Term limits. Or vote them out next time. Part of the reason the Constitution writers made 2 and 6 year terms, to try to force the House to be responsive to public opinion and the Senate resistant to GIGO cycling of proposed bills. Of course that's all moot with the current 'ideology above sanity', but that's the game today. Term limits.

Term limits is one of those ideas that sound good, but is actually bad.

Think about it: why would you want to have lawmakers automatically removed from office after they have gained significant experience in writing and lobbying for legislation and serving in various committees? Terminating someone when they are at the height of their productivity doesn't make any sense, either for business or for government.

Furthermore, the only thing term limits would do is further encourage the "revolving doors" pattern. Every politician would optimize their legislative careers for their post-term private sector gigs, rather than try their hardest to continue doing a good job so as to get re-elected.

Re: France's AMF watchdog fines Bloomberg €5M over Vinci hoax

#120
post #117
post #99

Earlier quoted context omitted.

I'm still not sure what to think of that. I don't think there's much of any "evidence" to prove it and a hack like that is pretty. Then again nobody ... did anything after that either and everyone responded kinda awkwardly about it. I can't help but wonder if they got it dead wrong, but anyone clarifying or suing to prove otherwise would expose something else and so ... nobody talks?

Wouldn’t Apple or Amazon suing Bloomberg force them to provide details and access to their farms in ways that could expose more info than they are willing to give ? I think about the kind of info we only get when lawsuits happen, and here the suing party could be losing more in collateral damage for just punishing a petty journal ?

Possibly that's the case.
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