[turingcompeteme]

Bloomberg is also one of the most valuable tech companies in the world. Their entire business model revolves around providing accurate financial information. We happily pay $2k per month per person for it, partly because it is such a trusted source.

Some reporters may be dumb, but if it has the Bloomberg name attached to it, and has far reaching effects in financial markets, you can be pretty confident that this wasn't just the work of some clueless reporter.

[akimball]

Mike Bloomberg himself stands to lose an enormous amount of money due to lost business in China, as a result of this story's publication. Whether the story is accurate or inaccurate, either way Mike is going to lose money on it. The only business-logical thing that Bloomberg could have done with this story is to sit on it. Clearly there are non-business motivations for this publication. The possibilities that immediately strike me or that an overriding incentive for this publication was provided by an outside monolithic actor or that an ethical / public interest motivation prevailed.