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    « Inspiration - One Man's Junk | Main | Beginning of the End for Xerographic Technology »

    May 18, 2007

    The Power of Blogs: $4 Billion Lost in Six Minutes

    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.

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