July 21, 2018

Glitch leads to fake news report Google set to acquire Apple

11 October 2017, 06:22 | Dale Webster

Dow Jones technical error spreads fake news story of Google acquiring Apple

Dow Jones Newswire Sends False Google-Apple Merger Story; DJ Calls It 'Technical Error'

The story also refers to "Google Chief Executive Larry Page", a position he hasn't held since Google's parent company Alphabet was created in 2015.

Dow Jones Newswires published multiple fake headlines shortly after markets opened Tuesday morning, sparking fears it had been hacked.

The story said that "the deal was announced when Jobs's will was read in Cupertino, California". Apparently the late Steve Jobs outlined the plan in his will, which dictated the sale would close tomorrow. No, it's fake news, and we don't have Facebook to blame for it, or at least not directly.

Pictures posted online which purport to show the wire feed show stories claiming Google will buy Apple for $9bn, and another claiming Google will take over Apple's headquarters.

Dow Jones has since put out a statement saying that the freaky, now removed, headlines were the result of a "technical error".

It ended with the claim that "Google employees said "Yay". But it did prompt a slight spike in Apple's share price, due to bots, or automatic computer algorithms buying up the share as most humans wouldn't have believed the story to be legitimate. "Due to a technical error, a stream of test data was inadvertently published", the spokesperson said, in a statement.

Dow Jones Senior Director of Communications Steve Severinghaus blamed a "technical error" for the freakish statements later Tuesday. "We apologize for the error".

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