Dow Jones Erroneously Reports Google Is Buying Apple

The inadvertently published fake news described the acquisition as "a surprise move to everyone who is alive."

Google, Apple, Steve Jobs, Larry Page, Dow jones, Stock, Share, DJIA, California

The Dow Jones financial newswire probably isn’t a place where you’d expect to discover some fake news. But, on Tuesday, the newswire dropped a bombshell after it inadvertently reported an unimaginable story that Google is buying Apple for a meager $9 billion.

Dow Jones issued a statement that claimed Google and Apple have agreed to terms for a sale to 9to5mac, who first reported the fake news. The newswire removed the fake headlines just two minutes after noticing the mistake. However, the news, for a short period of time, sent Apple’s stock price from $156 to $158 per share.

The fake news report also told a fable about the purchase that the deal was prearranged as part of Steve Jobs’ will (What?).  The will dictated the sale to close on Wednesday (11th October 2017). The story went something like this: Alphabet CEO and co-founder of Google - Larry Page and Steve Jobs started discussing acquisition back in 2010. Google would get nine Apple shares per single Google share; this apparently was the last will of Steve Jobs.

Moreover, the fake news report also said that Google would take over Apple’s fancy headquarters at 1 Infinite Loop in Cupertino, California. Apparently, the report also mentioned that Google employees responded to the news by saying, “yay” (well, I don’t see why they won’t).

“The items which were never intended for publication were accidentally published as part of a technology test,” according to a statement Dow Jones gave to Mashable. The company also apologized for the error.

Dow Jones and Company is one of the largest business and financial news companies in the world. It was founded by Charles Dow, Edward T. Jones, and Charles Bergstresser in 1896.

Information source: The Next Web

Title image: technobuffalo

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himanshu pitale (WRITER)

An ardent music enthusiast, a true idealist and an INFP. Loves to play football and volleyball. Enjoys watching TV series and movies, irrespective of their genre. Obsessed with role-playing games. Believes in ‘live-and-let live’. Fascinated by the mysteries of the unknown. More of a ‘try me’ than a ‘why me’ kind.