Follow us:

Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

May 16, 2007 at 5:03 PM

First YHOO gets gamed, now AAPL

Some clever traders apparently used Engadget, instead of the New York Post, to jigger a stock — in this case Apple’s, whose market cap dropped as much as $4 billion at one point today.

The AOL-owned gadget blog/magazine reported a “leak” saying that the iPhone and Leopard were delayed, but that turned out to be a hoax. Michael Arrington noted that the fake news came on top of real news that Amazon.com’s going after iTunes’ download business.

It will take more than a bunch of strikeout marks and a blog update for Engadget to get past that boo-boo.

UPDATE: Engadget explained the backstory here and said it has learned “a very serious lesson.”

Comments | More in | Topics: Apple

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►