Marketplace Morning Report for Friday, October 4, 2013

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Episode Description 
It's day four of the government shutdown. So how is it impacting consumer spending? On Friday, Ireland is voting to abolish one of the houses of the country's parliament. The move isn't just ceremonial -- supporters say it's a cost-cutting measure as well. And is Silicon Valley really a meritocracy? 

Adobe admits it's been hacked, customer information compromised

Hackers have gained access to almost 3 million customer accounts.
Posted In: Tech, Internet, Adobe, hackers, hacking, privacy, online security, cybersecurity

PODCAST: Is Congress smarter than a 7th grader?

More details emerge about Twitter as the company made public its papers for an S-1 IPO. The American Gaming Association is pushing for more gambling regulation. And when it comes to our government's problems, should we turn it over to the kids?

No jobs report today because of the shutdown, but most forecasting 180,000 jobs added

Economists are predicting about 180,000 jobs were added last month, but no way to know if it's accurate due to the government shutdown.
Posted In: jobs numbers, jobs report, government shutdown 2013, debt ceiling

How's the shutdown going to affect Twitter's IPO?

The company has made public its papers for an S-1 Initial Public Offering. But why now in the middle of a government shutdown?
Posted In: Twitter, IPO, government shutdown 2013

Breaking bad and solar panels: This week's Silicon Tally

$1.2 billion. 601,000. $9,200. 500,000: Can you guess what these numbers mean?
Posted In: silicon tally, Tech

'70s rebellion and the roots of tech's reputation for meritocracy

Early Silicon Valley companies experimented with a new management style to reward talent and avoid corporate status and hierarchy.
Posted In: Silicon Valley, meritocracy, Intel

Lessons Congress can learn from middle school

As the fight over the nation's budget continues, we pose the question: Is Congress smarter than a seventh grader?
Posted In: federal budget, government shutdown 2013, kids

The Senate might be abolished...in Ireland

On Friday, Ireland is voting to abolish one of the houses of the country's parliament. Supporters say the move is a cost-cutting measure as well.
Posted In: Ireland, debt, deficit, Irish Parliament

Twitter going public, but not yet profitable

Twitter plans to go public and trade shares under the ticket symbol "TWTR". More details about the company emerge as it has made public its papers for an S-1 Initial Public Offering.
Posted In: Twitter, Facebook, social media, IPO, NASDAQ, NYSE

Looking at no pay for four days, consumers may cut back

It’s day four of the government shutdown. For the 800,000 furloughed workers, that’s four days without income.
Posted In: government shutdown 2013, consumer behavior

Justin Timberlake, unlikely casino industry spokesman

The American Gaming Association is using the new movie "Runner Runner" to lobby for more regulation on Internet gambling.
Posted In: Justin Timberlake, Runner Runner, Caesar's, MGM, gambling

Music from this show

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A Million and One Things To Do (Instrumental)
Time Machine
[Get Off Your] High Horse Lady
Oasis
Fraud Felines ( AKA Too Many Cats Be Fakin ) (Instrumental) [Explicit]
Mr. Sos
Bouncing Bomb
Treva Whateva