Dow takes brief but steep fall after false AP tweet

Discussion in 'Up to the Minute' started by Softail, Apr 23, 2013.

  1. Softail

    Softail New Member

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    Dow takes brief but steep fall after false AP tweet

    The Dow Jones Industrials dropped 144 and recovered it in minutes a little after 1 p.m. when a false tweet about explosions at the White House went out over the Associated Press' Twitter feed.

    Before disabling its account, the Associated Press said in a subsequent Tweet that its account had been hacked.

    "All: The main @AP Twitter account has been hacked, The tweets coming out of there are false. We are working to correct the problem," the Associated Press Twitter feed said.


    Read more:
    http://www.chicagotribune.com/busin...ll-after-false-tweet-20130423,0,4620138.story

    :doh:
     
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  3. Softail

    Softail New Member

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    Hackers seize AP Twitter feed, send market-moving bogus message

    Alina SelyukhReuters
    2:41 p.m. CDT, April 23, 2013

    WASHINGTON (Reuters) - Hackers took control of the Associated Press Twitter account on Tuesday and sent a false tweet of two explosions in the White House that briefly sent U.S. financial markets reeling.

    In the latest high-profile hacking incident involving social media service Twitter, an official @AP account reported that two explosions at the White House injured President Barack Obama.

    AP spokesman Paul Colford quickly confirmed the tweet was "bogus," but within 3 minutes of the tweet hitting the Web, virtually all U.S. markets took a plunge on the false news in what one trader described as "pure chaos."

    White House spokesman Jay Carney told reporters that Obama was fine soon after the tweet went out a little after 1 p.m. EDT (1700 GMT).

    Read more: (video at this link)
    http://www.chicagotribune.com/business/sns-rt-us-usa-whitehouse-apbre93m12y-20130423,0,1954593.story
     
  4. Tucarra

    Tucarra New Member

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    They need to find and convict whomever that cyber-jerk was...
     
  5. MsFacetious

    MsFacetious What a Kerfuffle...

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    Who takes their news from twitter and reacts immediately to it?
    Seriously?
     
  6. Softail

    Softail New Member

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    Riiight! Pretty crazy! :crazy: Especially about something so important!
     
  7. MsFacetious

    MsFacetious What a Kerfuffle...

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    Exactly!
    Waiting 5 minutes would have told them it was fake... because AP responded.
    If it hadn't been fake, 5 minutes is all it would have taken to be on EVERY major network!
    Patience people, patience!
     
  8. Sonya610

    Sonya610 Former Member

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    Someone could have made a LOT of money if they knew the report was fake and they bought up large amounts of stock as the prices dipped.

    Hmmmmm.
     

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