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by usefulcat 2748 days ago
Correlation != causation. The fact that most newspapers aren't lucrative doesn't mean they don't value profit.
2 comments
spac 2748 days ago
Bloomberg News is not a newspaper. The company makes money from selling terminals not news (although the terminal contains news, but it's easy to see that sensationalism is not what the customers pay for).
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usefulcat 2748 days ago
No one had to pay to read the SuperMicro story (the original one that started all this).
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stupidbird 2748 days ago
Sure, but they let everyone read this specific story for free. They could have easily kept it behind their paywall.

Overall Bloomberg as a company does not sustain itself on news revenue.

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