Truth and consequences - a dilemma for Twitter and its users

Does Twitter have a credibility problem?

For many, a single fake tweet from the Associated Press account that briefly roiled financial markets on Tuesday, driving the Dow Jones industrial average down about 145 points, vividly reaffirmed the fearsome, near-instantaneous power of the 140-character message.

But the security lapse also revived doubts about Twitter’s place in the media landscape - and its ultimate value - at a moment when its status as one of today’s essential information networks had seemed all but cemented.

via Business feed http://www.scmp.com/business/companies/article/1222830/truth-and-consequences-dilemma-twitter-and-its-users