What's Your Information Worth?

SOMEONE CLAIMED TO find a prototype of the new Apple iPhone at a bar in California, and they took the phone to the tech website Gizmodo. After examining the phone and determining its authenticity, Gizmodo purchased the phone from the finder for $5,000.

Is there anything wrong with that?

After photographing and filming the phone, Gizmodo contacted Apple and returned the phone (with no fees involved).

Police raided the home of Gizmodo's editor
, investigating whether Gizmodo illegally obtained the phone (i.e. stole it).

Would this have become a problem if Gizmodo had not purchased the iPhone from the person who found it at a bar? Did paying for the information make it seem sketchy?

Should journalists pay for information? And how do you know how much to charge?

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