Earlier quoted context omitted.
For a meritocracy to work there must be consequences for both good and bad actions. A pundit's merit is judged by their page views; not by their correctness. Their salary is based off their readership. If their readership wants to be fed convenient lies that reenforce their world view that's their perogative.
And a CEO's merit is judged by their company's market value. Has this hurt their market cap?
The best way to know would be to ask Google if they'd still offer $4 billion. I suspect they'd make a lower offer right now, but it's hard to tell.