Facebook didnt own the satellite, msm would lead you to believe they did. Facebook had just leased all the capacity of the satellite from Spacecom. Facebook lost nothing, there was no feaud.
99% of "media" reporters are general assignment. That means today they're reporting on rockets. Tomorrow on cats. Nobody can be an expert in everything, which is why there is niche media.
In mass media, there's a spectrum between fast and accurate. The internet age prioritizes fast over accurate.
Yeah actually I think that's the way almost anyone would have described it. Just like you say "my office" for the space your company leases and you work in. But I also agree that it is part of what the news media is supposed to do to point out that the satellite wasn't actually owned by Facebook.