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Kara Swisher says she got the same statement from him.

http://allthingsd.com/20130125/keith-rabois-long-statement-o...

I totally agree that most news sites do a poor job of verifying information before parroting information, but several sites are quoting a statement from Square that seems to verify this (e.g. http://www.latimes.com/business/technology/la-fi-tn-square-e...)

Every tech site is referencing it.

Wasn't there a post yesterday about how gaming sites reference sources because others do (without any due diligence)?

That's true, but Kara usually does a pretty good job of actual journalism and verifying sources.