Edward Uongadded this to Cool Stuff

Silicon Valley vs. Wall Street

Tech Stories That Matter - Tech

How tech is breaking the bank Thirty years ago last Monday, the Dow Jones Industrial Average fell by 508 points. The 22.6% drop, known as Black Monday, was the biggest decline ever recorded on Wall Street. The culprit was an algorithm run amok: software automatically started selling off futures when …

View on flipboard.com