Last week, the NASDAQ exchange froze for three hours due to a faulty connection. On Monday, Europe’s largest derivatives market shut down for an hour because of a glitch. Last month, 14,000 people in rural Iowa lost internet access after a minor car crash crushed a cable. In 2011, the entire country of Egypt had a total internet blackout after officials ordered the country’s ISPs to flip a few switches; the Syrian government is now doing the same. In late 2006, most of Asia had the same experience after a minor earthquake cut a transatlantic cable.
Will the Internet Destroy the Stock Market?
Every network has a breakpoint.
August 30, 2013
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HBR Learning
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Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Digital Intelligence . Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Excel in a world that's being continually transformed by technology.