When Twitter Almost Crashed the Dow

Jul 9, 2013
J. Webster
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When the Twitter account for the AP was hacked, and their feed tweeted out a message that there had been two explosions at the White House and Obama was injured, the Dow sunk 143 points in seconds. So it’s no wonder this was memorialized in a New Yorker cartoon.

And, as you can imagine, when some old guys don’t even know what Twitter is, this might be a pretty scary story out in the dark when they’re sitting around a camp fire. What’s more, I’m guessing the hacking of Twitter and the stock market crashing is only going to happen more and more in the years ahead. It just seems to ease to hack Twitter and scare people.

twitter_dow

Source: The New Yorker

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