Browsing All Posts filed under »TWITTER«

Twitter Speaks, Markets Listen, and Fears Rise

April 29, 2013

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Could the global economy hinge on 140 characters? Stocks react to social media mishap Stocks React to Social Media Mishaps: The Times’s Amy Chozick discusses the fallout of a hacked Twitter message that dropped stock prices last week and is now raising questions in the markets. That is the question the financial industry and government regulators […]

The truth about social media for business: It’s a risk

April 29, 2013

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Last’s week’s Twitter-fueled crash erased $136 billion in value in minutes, underscoring concerns about companies’ use of social media. By Verne Kopytoff, Fortune Magazine FORTUNE — A fraudster hacks into a company’s Twitter account and posts a phony announcement about sales reaching an all-time high. Shares in the company soar and then quickly crash after investors […]