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Seoul's Munhwa Broadcasting Company broke into regular programming Friday morning to report that Gates had been shot and killed during a charity event. MBC quoted U.S. cable news channel CNN in the report... Within minutes, two of South Korea's other major networks, Seoul Broadcasting System and news channel YTN, interrupted programming to carry the report of Gates' death.
The news sparked a massive sell-off of technology shares, according to The Korea Times. Stock traders and software industry represetatives jammed local phone networks as the benchmark Korea Stock Price Index fell by 8.5 percent in the minutes after the broadcasts...