No, Google is not buying Apple. That was a false alarm

"Google to buy Apple for US$9 billion", it read.

But the story, that the acquisition had been suggested in the will of Apple co-founder Steve Jobs, was bogus. Until the retraction, autonomous trading bots bought into the rumor, according to TechCrunch, moving Apple's stock price $2 north albeit for a brief period.

What made the story even more unbelievable was that it claimed that the deal was due to close on Wednesday US time. That is, two of the biggest companies and best-known brands, Google and Apple, were merging as one, with Google buying Apple. Apparently, the Dow Jones Newswires had some type of "technical error" which caused the release of several false stories about Google buying Apple. "Google employees said, 'Yay'". The story also refers to "Google Chief Executive Larry Page", a position he hasn't held since Google's parent company Alphabet was created in 2015. Dow Jones, a subsidiary of News Corp, asked subscribers to "disregard the headlines" and removed the erroneous reports from the newswire.

Apologizing for a technical error, Dow Jones CEO William Lewis gave a statement to Mashable that "I take today's inadvertent and erroneous publication of testing materials extremely seriously".

Dow Jones first issued a statement clarifying it was an error to tech blog 9to5 Mac, who was the first to report on the issue, apart from some spots on Twitter.

Dow Jones Senior Director of Communications Steve Severinghaus blamed a "technical error" for the freakish statements later Tuesday.

Related News: