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The AP’s erroneous tweet about explosions at the White House today, the consequence of their account being hacked, had more effect than simply fear going viral, as demonstrated above — it also caused the Dow Jone Industrial average to plummet over 100 points, only to right itself minutes later when the explanation came out. The Syrian Electronic Army, a group in favor of Syria’s ruling Assad government, has claimed responsibility for the hack via their own Twitter. (Image from Bloomberg) source

The AP’s erroneous tweet about explosions at the White House today, the consequence of their account being hacked, had more effect than simply fear going viral, as demonstrated above — it also caused the Dow Jone Industrial average to plummet over 100 points, only to right itself minutes later when the explanation came out. The Syrian Electronic Army, a group in favor of Syria’s ruling Assad government, has claimed responsibility for the hack via their own Twitter. (Image from Bloomberg) source

April 23, 2013 // 19:00 // 1 year ago
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    This is scary…basically telling everyone that their retirement accounts are at risk to twitter posts.
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    lol
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    technology/social media has put the economy at the mercy of a single tweet? Adm. Grace Hopper spoke to issues like...
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