Marketplace Morning Report for Wednesday, January 16, 2013
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Facebook made a big announcement yesterday, but it wasn't the one some observers of the company were expecting. The social media giant is breaking into the search game with a new product called Graph Search, and it's getting the attention of the company's Silicon Valley rivals. And, Governor Jerry Brown of California tells Marketplace how he balanced California's notoriously deficit-ridden budget.
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JPMorgan Chase and Goldman Sachs report earnings today. eBay gets boost from mobile bidders. California Gov. Jerry Brown discusses state budgets and the Golden State's fiscal prospects heading into 2013.
Posted In: Boeing, Dreamliner 787, Japan
After another incident on a 787 Dreamliner, Japan's two largest airlines have grounded Boeing's new flagship plane.
Posted In: Facebook, Mark Zuckerberg, Graph Search, search engines, Google
Facebook is getting into the search business. On Tuesday, the social media giant had a press event where it demonstrated its new product, Graph Search. While the feature is still in its infancy, Facebook's announcement has a lot of companies has watching their backs.