Marketplace for Tuesday, January 7, 2014
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As a deal to reinstate unemployment insurance works it way through Congress, we delve into the "freeloader argument." What happens when folks lose their benefits -- do they finally start looking and land a job? Next, AT&T is offering companies the opportunity to pay for your smartphone’s data use. The idea is that a company would offer, say, a video for which it pays the data charge, getting you to stream it when ordinarily you’d pass. It gets a view, and AT&T increases the data flowing through its system. And also, Lindsey Vonn, one of the few big names in winter sports, is out of the Winter Olympics with an injury. For NBC/Comcast, which paid a fortune for the rights, a lackluster games could come at a very high cost: lower ratings for the game themselves, but also a loss of ratings for the Today show.
Posted In: insider trading, sac capital
Jury selection began in the trial of former SAC Capital trader Mathew Martoma.
Posted In: Tech, Silicon Valley, Failcon
FailCon is an annual event in San Francisco for the Silicon Valley crowd, who've taken to heart the notion that failing teaches us how to get it right the next time.
Posted In: China, trade
The Chinese media is reporting the value of China’s global trade has overtaken the United States to become the world’s largest trading economy. It’s another milestone for China. But if you take a good look behind the numbers, the claim begins to fall apart.