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Assange: Santa Claus or Dickensian villain?

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Thu, Apr 11, 2019 08:43 PM

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Today’s Agenda - Is Julian Assange a or a ? Yes? - The magic is fading for , and . - Neither

[Bloomberg]( Today’s Agenda - Is Julian Assange a [criminal]( or a [journalist](? Yes? - The magic is fading for [unicorns](, [Amazon]( and [Tesla](. - Neither [Europe]( nor the [U.K.]( love the Brexit delay. - The border’s not the only [homeland security problem](. Judging Julian Assange Is Julian Assange good or bad? “Yes” may be an acceptable answer. British police this morning removed the WikiLeaks founder, bearded and [horizontal](, from the Ecuadorian embassy that had been his home for the past seven years. The U.S. government [accused]( him of conspiring with Chelsea Manning to hack Defense Department computers to access classified files. The U.S. wants to extradite Assange, but Leonid Bershidsky suggests an American trial on charges of publishing classified material would be a bad idea, saying it would be [better for European authorities to judge]( whether Assange is a journalist or a spy. But the government, perhaps sensitive to such issues, didn’t exactly charge Assange with publishing stolen material – just with helping Manning steal it. Journalists publish leaked material all the time, as they should; but going from passive recipient to active hacker crosses the line, writes Tim O’Brien. If the charges against Assange are true, then [he is a thief, not a journalist](, Tim argues. But Noah Feldman warns there could be [a chilling effect on the free press]( even if Assange is found guilty on this relatively narrow charge. That’s because it rests partly on the claim Assange “encouraged” Manning to steal info; Noah notes journalists could reasonably be accused of similar encouragement of their sources. Liberals might cheer Assange’s comeuppance, given his role in helping elect President Donald Trump; but Noah points out even an indictment in that case (of which there is no sign yet) might have similar implications. It’s complicated. Fading Tech Magic The Age of Unicorns may be ending. For several years, “unicorns” – privately owned startups worth $1 billion or more – were mainly judged by how comically enormous were the piles of cash they could raise, Shira Ovide writes. But the biggest unicorns, including Uber Technologies Inc., are leaving the Magic VC Garden for boring old public stock exchanges. This could, Shira writes, spell [the end of the unicorn glory days](. Amazon.com Inc. seems to have a supernatural ability to grow revenue and consume every landscape it touches. But that magic seems to be fading too; new data suggest at least one measure of [sales growth has slowed lately](, write Shira Ovide and Sarah Halzack. This is happening despite Amazon competing in more product areas, suggesting retailers have finally learned how to fight it, write Shira and Sarah. And then there’s the most magical company of all, Tesla Inc. Though its stock has had a bumpy ride lately, its earnings forecasts have been slashed even more, making the company even more richly valued, notes Liam Denning. At the same time, [signs keep accumulating that its growth story is a myth](, Liam writes; the latest is its plan to stop Gigafactory expansion.  Bonus Tech Reading: - Facebook Inc. and other tech giants [opened themselves to regulation]( by crushing competition. – Elaine Ou - Alexa’s [human eavesdroppers are the real heroes](, part of an underappreciated tech army. – Leonid Bershidsky  Brexit You Later The Brexit can was kicked firmly down the road, as the [EU gave]( the U.K. until Halloween to leave the union. Of course, [nobody’s really happy with this in Europe](, notes Lionel Laurent, who points out the EU did exactly what it didn’t want to do: give the U.K. a long runway without getting a flight plan in return. It could all still work out, of course, but the odds seem low, Lionel writes. In fact, the extra time just gives opposing sides of the debate [more reason to hunker down]( and opens up many more potential battlegrounds, writes Therese Raphael. But at least the delay does offer a reprieve and a [slight boost to British markets](, writes John Authers. Trump’s Self-Defeating Border Obsession Trump’s all-consuming focus on border security has caused a week of upheaval at the Department of Homeland Security; but worse, it has let a [whole bunch of more-important homeland security issues]( fester, Bloomberg’s editorial board writes. Among those are such minor problems as drug smuggling, human trafficking and cybersecurity. And Trump’s immigration prescriptions – cutting off aid to Central America, threatening total border shutdowns and more family separations – make his self-created border crisis even worse, the editors write. Bonus Editorials: - France and Italy must [make Libya’s rebel warlord see reason](. A descent into violence would hurt both nations and the region. - Now that Bernie Sanders is a millionaire, maybe he [should have more sympathy]( for his fellow rich people. Telltale Charts China’s recent growth rebound is a blip in a long-term trend [toward once-unthinkable slow growth](, writes Dan Moss. Stocks are starting to [divorce from their fundamentals]( in troubling ways, writes Stephen Gandel. Further Reading The Trumpier Trump gets, the [more American soft power]( he destroys. – Hal Brands The media fumbled William Barr’s report of the Mueller report. It [shouldn’t blow its second chance](. – Jonathan Bernstein California’s wildfires exposed [how little home insurance actually covers](. – Liam Denning India thinks it’s [destined to become the next China](, but that will take work it seems unwilling to do. – Mihir Sharma Industrial bellwether Fastenal Co.’s earnings were [refreshingly not terrible](. – Brooke Sutherland LVMH’s good quarter [doesn’t mean the rest of the luxury]( sector is fine. – Andrea Felsted A brief history [of black holes](. – Faye Flam ICYMI Herman Cain may [not have the votes](. Former Obama White House counsel [Greg Craig got indicted](. The 737 Max is “[not suitable” for some airports](. Thousands of Dominicans are [hunting for a treasure]( that may not exist. (by Joe Nocera) Kickers Porcupine [quills are horrifying](, but could help medical science. (h/t Scott Kominers) Stressed about [eye bees](? Try [lemur yoga](. (h/t James Greiff) What happens if you [fall into a black hole](? (h/t Mike Smedley) Being in space [affects DNA, cognition and more](, a NASA study of identical twins has found. Note: Please send lemurs and complaints to Mark Gongloff at mgongloff1@bloomberg.net. New to Bloomberg Opinion Today? [Sign up here]( and follow us on [Twitter]( and [Facebook](. [FOLLOW US [Facebook Share]]( [Twitter Share]( SEND TO A FRIEND [Share with a friend] You received this message because you are subscribed to Bloomberg's Bloomberg Opinion Today newsletter. [Unsubscribe]( | [Bloomberg.com]( | [Contact Us]( Bloomberg L.P. 731 Lexington, New York, NY, 10022

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