Dow Jones blames 'technical error' for news claiming Google would buy Apple

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Comments

  • Reply 21 of 33
    Technical?  No.  Some knucklehead wrote it and either another knucklehead failed to actually check the live data or another knucklehead left a setting set wrong.  The only thing technical about it was that one or more of these knuckleheads were using a computer to transit their very human screw up. 
    mattinozwelshdog
  • Reply 22 of 33
    slurpyslurpy Posts: 5,384member
    The fact that is a single person might have believed this, and that the stock actually rose on the "news", indicates the insanely high level of stupidity in the investment industry. Oh, and it's hilarious how a 0.3% fluctuation can be seen as a "leap" and "crash".
    edited October 2017
  • Reply 23 of 33
    spacekid said:
    ...this obviously false news…
    That IS the media.
    lkrupp
  • Reply 24 of 33
    calicali Posts: 3,494member
    unphocus said:
    Dow Jones is now entered in fake news business. Right on! 
    They’ve been in that business for a while. (Manipulation)
    lkrupp
  • Reply 25 of 33
    slurpy said:
    The fact that is a single person might have believed this, and that the stock actually rose on the "news", indicates the insanely high level of stupidity in the investment industry. Oh, and it's hilarious how a 0.3% fluctuation can be seen as a "leap" and "crash".

    Actually, it's only this AI article that is overblown.  The fact that AAPL was training in a very narrow band today suggests that absolutely nobody reacted to this clearly fabricated news.  When some random analyst suggests that iPhone X shipments might be higher or lower, AAPL raises or drops by a couple of bucks.  There are no leap or crash today.
  • Reply 26 of 33
    lmasanti said:
    This ‘fake news’ made an spike in Apple's share price.
    Why do we must call a ‘technical error’ and not a maneuver to make quick money?

    In other words, why ‘others’ fake news are ‘fake news’ and this is ‘an error’?
    What would the Russia-Facebook election event be called if was a Russia-DowJones event?

    The SEC should investigate internal trading. 
    Why so serious?
  • Reply 27 of 33
    maestro64maestro64 Posts: 5,043member
    They were hacked this is not a technical glitch it was to specific claim.
  • Reply 28 of 33
    dysamoriadysamoria Posts: 3,430member
    So WHY exactly does anyone trust Dow Jones...?

    Also, Apple Insider forums now have the SAME BUG on iOS that the MacRumors forums have. Move the cursor with the arrow keys, page scrolls to the bottom. WHY DOES NO ONE EVER TEST THINGS BEFORE RELEASE?
  • Reply 29 of 33
    mattinozmattinoz Posts: 2,319member
    That people fell for it highlights everything that is wrong with the share market.

  • Reply 30 of 33
    jbdragonjbdragon Posts: 2,311member
    This is really pretty funny. Like Google remotely has the money to buy Apple. Neither company would ever buy the other even if they could. That would open up a whole can of worms.
  • Reply 31 of 33
    lmasanti said:
    This ‘fake news’ made an spike in Apple's share price.
    Why do we must call a ‘technical error’ and not a maneuver to make quick money?

    In other words, why ‘others’ fake news are ‘fake news’ and this is ‘an error’?
    What would the Russia-Facebook election event be called if was a Russia-DowJones event?

    The SEC should investigate internal trading. 
    Surely if you were trying to make quick money off this, you'd make a more believable statement, e.g. Apple about to buy small Company X worth Y for $2Y, then dump the stock you bought the day before in Company X when it spikes.
  • Reply 32 of 33
    lkrupplkrupp Posts: 10,557member
    cali said:
    9 Billion... who believed this?

    How did a troll get ahold of the Dow Jones Newswires?
    Lots of people and some of them live right here in the AI comment sections.
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