Just saw a few tweets about Blockbuster filing Chapter 11. It's what's driven the price of the stock down almost 80% in the past 10 minutes.
Yet, when I look on Google News and Yahoo News, there's no word of it.
Over on StockTwits, there's plenty of $BBI bankruptcy chatter
While a Summize search shows even more:
So, where are you getting your breaking news?
Clarification: a few tweeters pointed out that the news originated on Bloomberg. That's correct. It was posted to Bloomberg News around 2:01pm EST. What I was noting was that the Twitter community (and StockTwits users in particular) were sharing and commenting on that story by 2:07pm while the mainstream web news sources like Google and Yahoo did not pick it up for another 30 minutes. Real-time financial news still beats almost any web source, especially when you're a professional user with a high speed pipe, but Twitter is proving that the real-time web can beat traditional web sources in many instances.
