Marketplace for Thursday, October 17, 2013

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Episode Description 
There’s a better than average chance that the government could shut down again in a few months if Congress can’t come to an agreement, and that will mean that contractors will lose money -- again. How are they factoring in uncertainty into their operations? Meanwhile, we lost two weeks of government data -- data that helps economists study things and data that helps farmers plant stuff. Finally, Facebook is easing up on teens, giving them the ability to have their posts seen by anyone, not just friends. This catches up to rivals Twitter and Instagram, while opening teens to more advertising, at a time when Facebook appears to be losing popularity among teens.
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Hacked small-businesses often have no place to turn

Unlike personal checking and savings accounts, business accounts are not protected from hackers.
Posted In: Small Business, hacking, banking, privacy
0

Government employee: "I'm relieved to be back"

A hydrologist at the U.S Geological Survey says the backup of work is not good, but he's glad to be back.
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In Hollywood, big bets lead to big payoffs

In an industry of risk, Hollywood has to take the safe bet.
Posted In: book reviews, hollywood
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eBay founder Pierre Omidyar plans new media company

The founder of eBay gets into the news business, even recruiting Glenn Greenwald, who brings with him a trove of unpublished security documents from Edward Snowden.
Posted In: journalism, glenn greenwald, ebay, news
1

Buying a share of your favorite athlete

A stock market for athletes. Not as in the athletes do the trading, but as in athletes are the stocks.
Posted In: NFL, Arian Foster, Houston Texans, fantasy football
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Good enough for government data

We lost two weeks of government data -- data that let economists know what to study and data that helps farmers know what to plant.
Posted In: government data, Labor Department
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Why Facebook wants teens to go public

Facebook is easing up on teens, giving them the ability to have their posts seen by anyone, not just friends.
Posted In: Facebook, Twitter, teens, social media, privacy
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Trust issues: D.C. dysfunction means uncertainty for companies

There’s a better than average chance that the government could shut down again in a few months if Congress can’t come to an agreement. That uncertainty is a problem for everyone from contractors to the entire US economy.
Posted In: uncertainty, debt, private contractors, government shutdown 2013
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Chinese views on U.S. debt drama

In light of the U.S. debt scare, an editorial in China's state-run Xinhua news service calls for a world that is ‘de-Americanized.’
Posted In: China, xinhua, foreign investment

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Cheap Treat
Eric Copeland

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