Jobs Rumor Debacle Besmirches Citizen Journalism
On Friday someone posted a false rumor that Steve Jobs had suffered a heart attack on CNN's unverified citizen journalism site, iReport. Apple's stock price went vertical, losing 9% before Apple stepped in and denied the rumor; the stock then recovered most of its loss. The SEC is investigating. PCWorld looks at the hit taken by citizen journalism as a result of this incident. "[The] increasingly blurred line between journalism and rumor is a serious concern for Al Tompkins, the broadcast/online group leader at The Poynter Institute — a specialized school for journalists of all media forms. 'How could you possibly allow just anybody to post just anything under your [CNN] label unless you have blazing billboards that say, "None of this has been verified, we've not looked at any of this, we have no idea if this is true"?' he asks."
CmdrTaco is dead. Sell SourceForge now.
An unsubstantiated rumor is merely an attempt to manipulate a stock, it takes an idiot or ten to actually do it.
Nerd rage is the funniest rage.
actually, that would probably increase the stock price.
Do you even lift?
These aren't the 'roids you're looking for.
really? you should watch fox more
IranAir Flight 655 never forget!
"Hell? Even 4chan and Slashdot are pretty clear about who owns the comments and the veracity of the comments."
That's why they are my primary news sources.
"This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
What are they going to do when Jobs finally does pop his clogs? Sooner or later, that is going to happen, and they need to think about that now rather than later.
Nonsense! Sir Jobs is as immortal as he is invincible. You're obviously not listening to your iPod often enough.