Journalism via Twitter wins trader $2.4M windfall on possible Intel-Altera deal

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Not that long ago, if you were a reporter with a hot scoop and you wanted to be first to break the news to the public you had to do one critical thing first: write the story.

Not today.

Today a relatively new journalistic practice exists whereby members of the media put aside the writing of the story part for long enough to announce the news immediately on Twitter. “Hey,” they tell their Twitter followers, “I’ve learned this important piece of news and will reveal more as soon as I do that pesky story writing.” Having thus established their reporting of the news as the first such reporting, then and only then do they write the story.

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Network World Paul McNamara