Steve Jobs is Alive and Kicking, But CBS' Source Deal Died [PHOTOS]

A false report from a source on Friday that Apple's CEO Steve Jobs died has caused CBS News to sever ties with the host of the Internet show who sent out the Tweet.

CBS News reportedly ended its relationship with both What's Trending, the site that issued the erroneous tweet, and the celebrity blogger who produced it, The Hollywood Reporter reported.

CBS News' Web site had been hosting the web show What's Trending since May, but after the erroneous Tweet it was removed from the' site.

The program was independently produced by Disrupt Group, and hosted by Disrupt Group co-founder Shira Lazar. But while the independently produced program had no news gathering partnership with CBS News.

Jobs recently retired from Apple and has had to deal with prolonged illness and even a liver transplant in recent years.

The Tweet made Friday by What's Trending suggested Jobs was dead, sending the Internet in a frency, lighting up re-tweets and concern.

Jobs has not died, according to reports - it was just the mistaken Tweet sent by What's Trending.

Twitter news moves fast, however, and the tweet caused panic late Friday among Jobs' admirers and fans throughout the world, even though the Tweet was a mistake.

Reports say that Steve Jobs has passed away. Stay tuned for more updates, the CBSNews.com Tweet said.

CBSNews.com realized the tweet was a mistake, and apologized for the unconfirmed, erroneous tweet. CBSNews.com removed the tweet completely through Twitter's deleting process but not before it was retweeted by hundreds of people on Twitter and spread throughout the Internet, spawning the active search term, steve jobs dead.

Lazar later tweeted an apology: On behalf of all of us at @disruptgroup we sincerely apologize for the inaccuracy that was tweeted earlier today.-EP/ Host @WhatsTrending,

See pictures below of Steve Jobs' health over the years.