Automated NewsBot Kills Share Price

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A topic from Technology: Miscellaneous

laresSat 18/06/11 21:30

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"United Airlines news glitch fallout continues, with Google caught in a lie"

"Newspaper publisher Tribune is now saying that timing was what put a link to a four-year old United Airlines bankruptcy story on the website of one of its papers. From there, it was indexed by Google and made its way onto the Bloomberg business wire, triggering a partially automated market selloff which crashed United's stock price in only a few minutes. During a slow news period, a single visitor dropped by the Web site of the South Florida Sun-Sentinel, and clicked once on a link to the old story. This activity was enough to triggger its inclusion on the website's list of the day's most popular stories. The Googlebot, Google's Web indexer, dropped by minutes later and added the story to Google News."

http://1sq.me/j7LIau

markonseaSat 18/06/11 21:44

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It just goes to show you can never be too careful.

And they seriously thought robots could be trusted with the washing-up one day!

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