What Associated Press got here is a failure to communicate

Yesterday, the Twitter feed of the Associated Press told us that Barack Obama had been injured in an explosion at the White House. The tweet was a fake — the product of a hack. According to the Financial Times, that one tweet sent shock waves through the stock market — causing the S&P 500 to decline 0,9% — enough to wipe out $130 billion in stock value in a matter of seconds.


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Paul Newman: Cool Hand Luke by Stuart Rosenberg, 1967
business.time.com, Christopher Matthews, 24.04.2013