Michael Bloomberg, Presidential Candidate, Just Killed the Bloomberg News Agency
Bloomberg News suffered a major disruption over the weekend. The episode predicts the future of the news business, and the death of the news business.
After billionaire and former New York Mayor Mike Bloomberg formally entered the race for the Democratic presidential nomination Sunday, Bloomberg agency Editor-in-Chief John Micklethwait circulated a memo to editorial and research staff. In it, Micklethwait told staff it would not investigate either his owner and boss, or any of his bosss Democratic opponents:
We will continue our tradition of not investigating Mike (and his family and foundation) and we will extend the same policy to his rivals in the Democratic primaries. We cannot treat Mikes democratic competitors differently from him.
If Mike Bloomberg had any respect for the news business he would encourage his editorial staff to kick him in the balls at every opportunity. Either that, or he would sell his media business. Or not run for president.
https://www.rollingstone.com/politics/political-commentary/michael-bloomberg-presidential-run-2020-news-journalism-media-bias-918323/