Did you hear Google was buying Apple for only $9b? The story went out over the wires earlier this week and immediately triggered automated investment bots to start trading in Apple stock, jumping the price from $156 to $158 (not an insignificant jump). Then the story was quickly taken down and attributed to a tech glitch. Still, someone traded in that time and probably got rich. It’s the ultimate hack if you think about it. Post fake news, cash in on the stock difference, and get away with it completely because everyone is too embarrassed to admit what happened.
Read the full story on Mashable >
Love non-obvious stories? Get my weekly newsletter with stories like this one along with a short but useful analysis of why it matters … all delivered directly to your inbox every Thursday morning!
WE RECENTLY REMOVED COMMENTING - LEARN WHY HERE >