9. Google Crawler Condemned for UAL Stock Dive
Date: Sept. 9, 2008
Try to follow the chain of events: The Sun-Sentinel posted a 2002 article about United Air Lines' bankruptcy filing on its website, then a Florida investment newsletter discovered the story after doing a Google search for “bankruptcy 2008.” Once Bloomberg ran into the report, UAL’s stock price plummeted from $12.30 to $3. Sun-Sentinel owner, Tribune Co., blamed Google News for highlighting the story, but Google responded by saying its news crawler picked it up because it had been featured on the newspaper site's most viewed section and had a current date (Sept. 6, 2008) attached to it. Obviously no one bothered to look at the original published date of the six-year-old article. That's what you call bi-losing.