Press Freedom Is Not a Freedom to Spread Lies
|Above copied from Rappler|
There are not enough textbooks. In fact, the next years will show that there are no textbooks. This is clearly not a responsible exercise of the freedom of the press. It is a lie and Rappler is indeed a source of fake news.
Rappler's registration has been recently revoked by the Securities and Exchange Commission (SEC) of the Philippines because of foreign ownership. In the 29-page decision, the commission stated:
The SEC also does not fail to highlight how Rappler has responded to this question of how much control does the foreign entity Omidyar Network really has on Rappler:
"On 22 December 2017, respondents submitted a photocopy of a purported Waiver of Paragraph 12.2.2 of the Omidyar Network PDR. The document is a private one, not subscribed before a Notary or a Philippine Consulate. It was executed as recently as 11 December 2017, more than four (4) months since the start of Formal Investigation. It is obviously inadmissible, a mere scrap of paper."Instead of admitting and addressing how ineptly Rappler has been operated as a business, Rappler's CEO Maria Ressa cries "freedom of the press". Rappler indeed has not been faithful to the truth but the real reason why Rappler is in trouble is actually different. Rappler has been run poorly as an organization so the SEC has decided to revoke its registration.