Implications of Social Networking

http://abovethelaw.com/2010/03/georgetown_professor_tague_john_roberts_lesson.php

A professor at Georgetown started a maelstrom of controversy as he told his class that Chief Justice Roberts was retiring based on information from a "credible" source. Students lit up the blogosphere and newspapers with this "exclusive" announcement. Halfway into class, he told them it was a joke and that they needed to be more wary on their sources. He taught the students, blogosphere and newspapers to think before you print. I wonder what the implications are for people like myself in this?