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11 October 2017, 04:08 | Brandon Parsons
Dow Doh! Fake News About Google Apple Merger Causes Market Uproar AFP 2017 EMMANUEL DUNAND LOIC VENANCE
Obviously, every element of the story is made up, but it's pretty amusing to see the temporal blip on Apple's stock price, which briefly spiked up to $158.
The story describes a "surprise" move that was struck between Google CEO Larry Page and the late Steve Jobs before the Apple co-founders' passing that ignited the deal. No, it's fake news, and we don't have Facebook to blame for it, or at least not directly. Supposedly, Google is buying Apple for a mere $9 billion, which is quite hilarious given that Apple's market capitalization stands at $803.6 billion, and some have seen a $1 trillion market cap as being within striking distance for the iPhone maker. It even included a line saying: "Google employees said, "Yay".
Whilst the contents of the story make it obvious that the news is completely fake, the existence of real-time high-speed trading means the jump to $158 was nearly certainly caused by automatic computer algorithms rather than real people. It's also worth mentioning that Dow Jones rectified this pretty quickly by removing the fake stories. Apparently, the Dow Jones Newswires had some type of "technical error" which caused the release of several false stories about Google buying Apple.
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Randolph then made a superb save to tip Hal Robson-Kanu's powerful header over the crossbar in the 54th minute. The draw comprises the eight best runners-up from the European World Cup qualifying groups.