News > Capital Markets

Dow Jones Newswire Sends False Google-Apple Merger Story; DJ Calls it 'Technical Error'

By BenZinga
Capital Markets


Alphabet Inc (NASDAQ: GOOGL) and Apple Inc. (NASDAQ: AAPL) stock briefly plunged Tuesday morning on false yet ostensibly official reports of a merger.

The Dow Jones newswire circulated the following post:

“In a surprise move to everyone who is alive, Google said it’s going to buy Apple for $9 billion. Google Chief Executive Larry Page had secret talks with the now-deceased Steve Jobs in 2010 to firm up the deal. The deal was announced when Jobs’s will was read in Cupertino, Calif. …

Photo: Getty iStock

Subscribe to our Newsletter

Be one of the first to experience the future of financial services