Welcome to today's roundup of what's trending around the world of finance and business. This inaugural look from Yahoo! Finance's Exchange at what's spiking on social media sites and in search terms kicks off with the story everyone seems to be talking about, or perhaps just that every media outlet's reporting on. Either way, trust us, it's everywhere: The DNS hacked-computer drama.
If you haven't heard of it, you've not been on a news site in the last few days. As TV reporters might say with complete and utter seriousness, "It's being called Malware Monday," or something similarly alliterative. Here's the summary, courtesy of Dylan Stableford at Y! News.
Thousands of computer users may be without Internet access Monday after a deadline expired for a temporary fix to a malicious software scam shut down by the FBI last year. Millions of computers were infected with the so-called "Internet Doomsday" virus used in the hacking scam, which redirected Internet searches through DNS servers used by the scammers.
Yes, Internet Doomsday. Pretty scary stuff. No Internet? Terrifying. The truth is the vast, vast majority of computers in the U.S. and around the world are NOT infected now, if they ever were, but thanks to the always hard-working panic generator, searches for the DNS changer infection have been soaring in recent days. Terms like DCWG and DCWG connect were also trending upward, as you and your fellow humans scoured the Internet to make sure that come today, you would still be able to scour the Internet. If you're reading this, you can.
Elsewhere on the list of top stories gaining traction today:
- Boeing orders in July (AP) and on a related note, the Farnborough International Airshow (CNBC).
- The iPhone 5 (CNET), about which rumors and speculation continue to abound.
- Both Con Edison and the more frequent abbreviation Con Ed (Reuters), which has been dealing with keeping New York's power up and running during a wretched heat wave and simultaneously contending with a labor dispute.
- Kindle Fire review (AllThingsD). Not an exact match with the news, but this is probably being driven by talk about the next-generation Fire.
- Wall Street's link to Libor (The Guardian), which follows the recent trading scandal at the bank and similarly, Bob Diamond tried to resign from Barclays in 1998 (CNBC).
And wrapping up the trending news around the web:
- It could take longer than anyone thought to escape unemployment black hole - Business Insider
- Chinese market tanks and deflation talk - Yahoo! Finance
- Mormon Church wants Romney to release tax returns - Business Insider
- 50 Shades of Grey to hit 20 million books sold this weekend - WSJ
- A Judge Protects Taxpayers - WSJ
- Samsung wins court case against Apple because it's "not as cool" - Reuters
- Apple May Sell 6 Million Smaller IPads This Year, Analyst Says - Bloomberg
- Kayak prepping largest tech IPO since Facebook - Mashable
- Twitter for iOS getting a major overhaul with iOS6 - WebProNews
- A visual guide to undersea cables and their $5.5b price tag - GigaOM
- Comedy Central establishes merchandising division - NYT
- Virgin Money's first store opens - Virgin.com