EinatYahav@lemmy.today to Not The Onion@lemmy.worldEnglish · 4 months agoLyft CEO says ‘My bad’ after earnings typo sends stock up 60%www.theguardian.comexternal-linkmessage-square24fedilinkarrow-up1343arrow-down12
arrow-up1341arrow-down1external-linkLyft CEO says ‘My bad’ after earnings typo sends stock up 60%www.theguardian.comEinatYahav@lemmy.today to Not The Onion@lemmy.worldEnglish · 4 months agomessage-square24fedilink
minus-squareintensely_humanlinkfedilinkEnglisharrow-up8arrow-down1·4 months agoIf misreported data makes the system not work, that just means the system’s designed to work on real information not fake information.
minus-squareEmotional_Sandwich@lemmy.worldcakelinkfedilinkEnglisharrow-up2·4 months agoHow is a system supposed to know if self reported information is accurate or not? The stock market fluctuates based on bad info all the time.
minus-squareieatpillowtagslinkfedilinkEnglisharrow-up6·4 months agoIn theory these kinds of disclosures are heavily regulated, and there are consequences for reporting incorrect info. I’m curious to see if that holds true here.
minus-squareEmotional_Sandwich@lemmy.worldcakelinkfedilinkEnglisharrow-up1·4 months agoGood point. I guess we’ll see where this goes.
If misreported data makes the system not work, that just means the system’s designed to work on real information not fake information.
How is a system supposed to know if self reported information is accurate or not? The stock market fluctuates based on bad info all the time.
In theory these kinds of disclosures are heavily regulated, and there are consequences for reporting incorrect info. I’m curious to see if that holds true here.
Good point. I guess we’ll see where this goes.