[anjc]

There's nothing dishonest about it. It's a loss because these are explicit investments which haven't produced any earnings. When they produce any sort of revenue then their financial statements (and media reports of the financial statements) will say "Other bets showed an operating profit of $Xm". It's just a media report on a fact.

[mfav]

There's some intentional provocation going on with the title. Sure, it's factually correct, but choice of words really pulls the truth one way or another.