Here's what happened:
- The Associated Press Twitter account was hacked Tuesday. The tweet claimed that President Barack Obama was injured in two explosions in the White House.
- Within minutes the @AP Twitter account was suspended and the Associated Press' corporate communication Twitter account announced that the tweet about the explosions in the White House and President Obama's supposed injury was false.
- But in those few minutes that the tweet was up, it was retweeted thousands of times.
- It wasn't long before people figured out that the tweet was erroneous and that the AP's Twitter account had gotten hacked.
- Even so, in those few minutes of uncertainty, the S&P 500 tanked. It recovered pretty soon.
- A group that calls itself the "Syrian Electronic Army" is claiming credit for hacking the AP's official Twitter feed.
- The "Syrian Electronic Army" are also claiming credit for two other similar attacks on Twitter feeds run by CBS News and NPR's content management system.
- Despite the excitement on Twitter, the hacking of AP's twitter account and the erroneous tweet about President Obama being injured are unlikely to have any lasting impact.
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