For a few minutes, the most-watched stock in the world behaved like a malfunctioning computer program. The stock that convinced untold thousands of regular people with E-Trade accounts to get back into investing behaved according to rules that literally none of them understood, traded at volumes that none of them could conceive of and effectively followed contradictory orders from two sets of screaming robots. This is what future shock feels like.
How Facebook’s IPO Got Hijacked by Computers (via @wonderlandblog)
Oh, and this doesn’t even get to the part where NASDAQ didn’t boot up correctly and $3MM in trades got DDOSed.