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Dubious analogies in press releases

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    Dubious analogies in press releases

    Sorry, I can't find the press releases thread, and this was too good to leave unacknowledged.
    Today, millions of young people around the global are accessing and playing music on portable digital devices. Yet, investors, regulators and analysts today are still using paper to analyze critical data of public companies in their investment portfolios because the data is not in machine-readable formats for public consumption, comparability and analysis to determine value and risk.

    But, with the current economic crisis, the financial reporting marketplace is quickly evolving to use the same technologies that the music industry is using to allow government regulators, stock exchanges, corporations and investors around the world to pick their next corporate “rock stars” for financial investment and disclosure using a new global tagging standard called XBRL.
    Right... It's exactly the same thing.

    #2
    Dubious analogies in press releases

    Flacks gotta eat too . . .

    Though one would think that much of the work was done by their friends at the SEC, who have mandated XBRL reporting for public companies*.

    Does it really say "around the global" in the original?

    * we may well be the only two people on here who know what XBRL is. At least I hope so.

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      #3
      Dubious analogies in press releases

      It's that new global tagging standard for financial services, right?

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        #4
        Dubious analogies in press releases

        Not really.

        Be glad that you don't know.

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          #5
          Dubious analogies in press releases

          As a total guess, extensible business reporting language?

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            #6
            Dubious analogies in press releases

            Well done.

            So much for thinking that I was nearly alone in being saddled with such knowledge.

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              #7
              Dubious analogies in press releases

              Yes it does say "global". I wrote a news story about the SEC mandate a while back. That was exciting.

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                #8
                Dubious analogies in press releases

                Like I said ursus. A total guess (although assisted by knowing what the X and L were likely to be, obviously.)

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                  #9
                  Dubious analogies in press releases

                  And because this thread has attracted some of the usual crowd who'd read this sort of thing, a good (but light) article on rethinking capitalism.

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                    #10
                    Dubious analogies in press releases

                    Is "extensible" used frequently in describing other types of coding?

                    I hadn't encountered it before.

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                      #11
                      Dubious analogies in press releases

                      Well, Extensible Markup Language springs to mind.

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                        #12
                        Dubious analogies in press releases

                        Well, you know ursus, you might have seen it before if you read more extensibly. < Tilts chair back at jaunty angle. >

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                          #13
                          Dubious analogies in press releases

                          How is it different from "extendible"? Just that it seems less... physical?

                          (confusingly, the philosophical way of expressing that would be to wonder if it "lacked extension"...)

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                            #14
                            Dubious analogies in press releases

                            Turns out that there is an entire "movement".

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