Cheer's to separating journalism from unedited blogging!
as a "contributor" I received a lengthy Seeking Alpha email about this. here is the first sentence,
"As of next Monday Yahoo Finance will no longer be displaying Seeking Alpha headlines on its website."
Just a bit of background...
Seeking Alpha does not fact check the "articles" of it's contributors. literally, no fact checking. I spoke to a senior IR person at Tesla a couple of weeks ago and Seeking Alpha came up. The Tesla person indicated that not fact checking seems to be a strategy of SA's to avoid legal responsibility for the content on their website. I said to him, perhaps then the party who could be appealed to to act more responsibly would be Yahoo, as putting these articles in their headline section implies the material is from a news source, which implies factual accuracy, fact checking... I don't remember precisely what the Tesla rep said, but I believe he said Tesla has discussed this internally, and I had the sense it may have even been brought up with Yahoo. (This, of course, is not to say that Yahoo and SA parting ways was prompted by Tesla or even had anything to do with Tesla.)
How does one become a Seeking Alpha contributor? I became a contributor by submitting an "article" last year. It was basically like signing up for an online account of any kind. IIRC they wrote that they accept 30-50% of people who ask to become contributors. Again, they do not fact check. They will review and request changes for grammar and tone (they would not allow me to use "FUD" to describe statements made about Tesla from other websites).
Bottom line, Seeking Alpha is a blog site, and it's misplacement in Yahoo's headlines section has exploited by some as a channel for factually false FUD. Apparently this ends Monday. Perhaps this will also improve Motley Fool. Fool apparently has some content of value. But the free stuff that shows up on Yahoo is often similar to the Seeking Alpha free for all. I strongly suspect this resulted at least in part to Fool trying to compete with SA.
as a "contributor" I received a lengthy Seeking Alpha email about this. here is the first sentence,
"As of next Monday Yahoo Finance will no longer be displaying Seeking Alpha headlines on its website."
Just a bit of background...
Seeking Alpha does not fact check the "articles" of it's contributors. literally, no fact checking. I spoke to a senior IR person at Tesla a couple of weeks ago and Seeking Alpha came up. The Tesla person indicated that not fact checking seems to be a strategy of SA's to avoid legal responsibility for the content on their website. I said to him, perhaps then the party who could be appealed to to act more responsibly would be Yahoo, as putting these articles in their headline section implies the material is from a news source, which implies factual accuracy, fact checking... I don't remember precisely what the Tesla rep said, but I believe he said Tesla has discussed this internally, and I had the sense it may have even been brought up with Yahoo. (This, of course, is not to say that Yahoo and SA parting ways was prompted by Tesla or even had anything to do with Tesla.)
How does one become a Seeking Alpha contributor? I became a contributor by submitting an "article" last year. It was basically like signing up for an online account of any kind. IIRC they wrote that they accept 30-50% of people who ask to become contributors. Again, they do not fact check. They will review and request changes for grammar and tone (they would not allow me to use "FUD" to describe statements made about Tesla from other websites).
Bottom line, Seeking Alpha is a blog site, and it's misplacement in Yahoo's headlines section has exploited by some as a channel for factually false FUD. Apparently this ends Monday. Perhaps this will also improve Motley Fool. Fool apparently has some content of value. But the free stuff that shows up on Yahoo is often similar to the Seeking Alpha free for all. I strongly suspect this resulted at least in part to Fool trying to compete with SA.