well that’s the gamble they make. Maybe before nyt would give CB days to figure things out or get their response together. The next call maybe be “we need your comment within one hour.” All goodwill is gone
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Replying to @MikeIsaac @pt
There is a bit of a double standard though. Journalists say “I can report everything you tell me any time I want, unless we have an explicit ex ante agreement otherwise”. And yet they also expect companies to keep information secret with no such agreement.
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CB can’t say “well, tell us what you’re going to say and when you’re going to say it, and we’ll prepare a blog post to go up 1 minute later in response.” NYT would never agree to such a deal.
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Also, what’s the downside for CB? What’s the sanction? Shorter heads up time?
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It’s not tit-for-tat. But all companies including Coinbase work hard on building good relations with the press, for myriad reasons. This action damages those relations.
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Replying to @TheStalwart @felixsalmon and
Yeah I think this theory is pretty bizarre. Unless there's an explicit agreement to the contrary I think the subject of a story has every right in the world to preemptively react to the story.
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Replying to @NateSilver538 @TheStalwart and
I’m not sure who you think you’re arguing against, Nate. And I know 538 isn’t really an investigative journalism shop. But if you had a scoop and asked the company in question for comment, you’d surely be aggrieved if they front-ran you.
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Replying to @felixsalmon @NateSilver538 and
Aggrieved, understandable. But I don’t think the company has an obligation to protect scoops or timing. Of course, if they develop a reputation, they will get the short comment period treatment. That’s also understandable.
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Replying to @zeynep @felixsalmon and
did anybody say they had an obligation? i didn’t see anyone with news experience making that claim. sorry if i missed it.
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I was responding to Mike saying this: “that said, this attempt at a front-run is mindblowing.” I understand why the reporter might be upset, but what they did seems pretty mundane for 2020. Almost certainly will see more of it because, from CB’s POV, it’s not mindblowing at all.
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Replying to @zeynep @felixsalmon and
Agree- it's not mindblowing to me. And I think it's already common.
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