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The complaint is not that MSFT is reporting the loss. It's that, in terms of both the % of OpenAI and the dollar value of the stake, it's large enough that there should also be a related party disclosure.

IANAA so I don't know how true that is. Just wanting to point out that I don't think you're responding to the key point of the article.

Can you elaborate on this a bit more? Does that mean OpenAI had a ~$9.4 billion loss so MSFT needs to put 49% of that loss in their books?

Yes

I always chuckle when tech writers take a stab at financial statements

Heard on the Street is the financial side of the WSJ.

This is a funny sentence bc I consider the WSJ to be a financial news source in general

It's from the financial side of a financially focused paper.

Moreover, the author of this article is the reporter who first reported on Enron's sketchy accounting: https://en.wikipedia.org/wiki/Jonathan_Weil

Anything else you can add to the conversation?