Marketplace Morning Report for Monday, July 29, 2013
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Have you heard of Omnicon and Publicis? They've heard of you, and they're merging. Markets in Japan are down on what's being called a 'mini-correction.' A realtor's tale of the housing boom and bust. And a new survey finds four out of five Americans will struggle with joblessness, near-poverty, or reliance on government welfare at some point in their lives.
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Posted In: Omnicom, Publicis Groupe, advertising, Silicon Valley
The merger is a case of Madison Avenue trying to catch up with Silicon Valley, trying to use their size and reach to deliver small targeted markets to advertisers in real time.
Omnicom and Publicis go big to go small, digitally. Want better government? Try cost-benefit analysis. And are the Federal Reserve's monetary policies putting the country at risk for inflation?
Posted In: hacking, NSA leaks, surveillance, malware
The biggest difference between the two? This year Defcon organizers disinvited the Feds in the wake of NSA surveillance revelations. While Black Hat's keynote speaker will be none other than NSA Director General Keith Alexander.
Posted In: Avatar, psychology, spain
A research team working at the University of Barcelona has found that when adults are represented by child avatars in a virtual world, they act more like children.
Posted In: Housing, housing crisis, real estate
Kristal Wilson sold lots of houses to people during the housing boom -- and then helped them with short sales when prices collapsed as they faced foreclosure.