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Those who logged onto Twitter as Hurricane Sandy barreled toward the East Coast Monday night were among the first to read a handful of eye-popping news developments that eventually wound their way onto outlets like CNN and Reuters: that the floor of the New York Stock Exchange was under 3 feet of water; that the New York subways had been pre-emptively closed for a week; and that 19 employees of an electric company had been trapped in a building. These updates seemed to illustrate how a crowd of social media junkies can turn up news faster than a scattered few professional reporters. That would have been true — if the stories themselves had been.