Whatsapp is the world’s leading news service provider with two billion users. Alternatives such as Telegram (500 million), Signal (10 million), Slack (10 million) or Threema (8 million) put the news service in the shade for a long time.
A Twitter call with consequences
The story began last week with a tweet from Tesla founder Elon Musk. He was annoyed about how Whatsapp dealt with user data. Musk wrote, “Using Signal,” another messaging app.
And the internationally sought-after whistleblower Edward Snowden immediately replied: Signal is safe. He uses the app every day and is not dead yet.
Plus of 12,000 percent
The appeal immediately left its mark on the stock exchange. Signal Advance shares rose from 60 cents to over $ 70 at times. This corresponds to an increase of 12,000 percent. But the crazy thing about it: The listed company Signal Advance, a manufacturer of medical technology, has nothing to do with the messaging service provider Signal Messenger.
Although the error has now been spotted, the stock is still trading around $ 10 after a brief collapse. And thus still many times higher than before Elon Musk’s tweet.