10-03-2008, 11:56 PM
This really boils my blood. I have never been a fan of this kind of format, I find it to be reckless, dangerous and lazy by news outlets that support it.
http://money.cnn.com/2008/10/03/technolo.../index.htm
NEW YORK (CNNMoney.com) -- Apple shares fell sharply Friday morning after an erroneous Web report saying founder and CEO Steve Jobs had suffered a heart attack. Shares quickly recovered after it became clear the rumor was not true.
The posting, made on iReport, a user-generated content site run by CNN, said, "Jobs was rushed to the ER just a few hours ago after suffering a major heart attack," according to Silicon Alley Insider, a blog that took a screen shot of the posting.
Apple's stock fell 10% in 10 minutes, then recovered to trade flat most of the session before closing 3% lower.
An Apple (AAPL, Fortune 500) spokesman confirmed the rumor was not true, but declined to comment as to whether the company is taking any further action.
http://money.cnn.com/2008/10/03/technolo.../index.htm
NEW YORK (CNNMoney.com) -- Apple shares fell sharply Friday morning after an erroneous Web report saying founder and CEO Steve Jobs had suffered a heart attack. Shares quickly recovered after it became clear the rumor was not true.
The posting, made on iReport, a user-generated content site run by CNN, said, "Jobs was rushed to the ER just a few hours ago after suffering a major heart attack," according to Silicon Alley Insider, a blog that took a screen shot of the posting.
Apple's stock fell 10% in 10 minutes, then recovered to trade flat most of the session before closing 3% lower.
An Apple (AAPL, Fortune 500) spokesman confirmed the rumor was not true, but declined to comment as to whether the company is taking any further action.