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Bill Gates hoax hits Korean market

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Posted (edited)

There's nothing like the internet for making people look foolish.

The latest outbreak of red faces is in Seoul, where Korean journalists and investors have been caught out by one of the oldest online hoaxes around.

user posted image View: Full Article | Source: BBC

Edited by SaRuMaN

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On a slack Friday afternoon's trading, the Korean stock market dropped by 1.5% - a value loss of more than $3bn - after local TV reported that Microsoft chairman Bill Gates had been assassinated.

It's amazing the effect this has on the stock market, especially since it wasn't even a genuine report.

The whole thing was apparantly concocted by a web site - and went from there. It's certainly not the first time someone's said that Bill Gate's is dead, it's becoming bewilderingly common these days.


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