For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble. No sooner did hackers send a false Associated Press tweet reporting explosions at the White House on Tuesday than investors started dumping stocks — eventually unloading $134 billion worth. Except most of the investors weren't human.
How A Phony Tweet And Computer Trades Sank Stocks
For a few surreal minutes, a mere 12 words on Twitter caused the world’s mightiest stock market to tremble. No sooner did hackers send a false Associated Press tweet reporting explosions at the White House on Tuesday than investors started dumping stocks — eventually unloading $134 billion worth. Except most of the investors weren’t human. […]