« Inspiration - One Man's Junk | Main | Beginning of the End for Xerographic Technology »
Blogs are competing with mainstream media as a source for trusted information. Apple Inc. lost $4B in market capitalization in six minutes yesterday when a popular blog author posted information from a seemingly trusted source that the iPhone would be delayed for several months. The stock recovered when it was determined to be false. See the story here.
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341da8d153ef00d835795b9369e2
Listed below are links to weblogs that reference The Power of Blogs: $4 Billion Lost in Six Minutes:
This is only a preview. Your comment has not yet been posted.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
Comments