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Marketplace for Tuesday, March 25, 2014
Mar 25, 2014

Marketplace for Tuesday, March 25, 2014

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In a document released Tuesday, the Internal Revenue Service says bitcoin is not legal tender. You can't use it to pay your taxes. But the IRS says virtual currencies like bitcoin will be taxed like property as opposed to currency. Plus, the Obama administration is planning legislation to overhaul the National Security Agency's collection and storage of phone records – which could now be kept with the phone companies. But as the burden then shifts to the telecom companies, what extra costs might they incur? And we continue our special collaboration with the New York Times on "Work in America." Today we look at the gig economy.

Segments From this episode

Left in the dust by kale

Mar 25, 2014
Marketplace Datebook for Wednesday, March 26, 2014

The D.I.Y. career

Mar 25, 2014
Freelance workers piece together a living in the temp economy.

Outsourcing the NSA's phone-call database

Mar 25, 2014
Under proposals leaked this week, the National Security Agency would stop its blanket collection of phone-call data. Instead, phone companies would keep records, to be provided on court-sanctioned demand.

MOOC 2.0: Open online education moves forward

Mar 25, 2014
Online course pioneer hires former Yale University president as CEO.

In which Kai Ryssdal has to settle for $22.40

Mar 25, 2014
The individual results from Amazon's e-book price fixing settlement.

Oil and gas will drive future control of the South China Sea

Mar 25, 2014
A new book explores the possible disputes over who owns the South China Sea, and its oil reserves.

The problem with "Golden Parachutes"

Mar 25, 2014
The Time Warner CEO will get $80 million in a severance package, but is that much really necessary?

The IRS labels bitcoin an asset

Mar 25, 2014
The IRS says bitcoins should be counted as assets for tax purposes. And that means what, exactly? Marketplace's Paddy Hirsch explains.
A pile of Bitcoins are shown here after Software engineer Mike Caldwell minted them in his shop on April 26, 2013 in Sandy, Utah.
George Frey/Getty Images

Disney taps news exec to run TV biz

Mar 25, 2014
Disney's ABC has a new head. And he's got a hard row to hoe.

In a document released Tuesday, the Internal Revenue Service says bitcoin is not legal tender. You can’t use it to pay your taxes. But the IRS says virtual currencies like bitcoin will be taxed like property as opposed to currency. Plus, the Obama administration is planning legislation to overhaul the National Security Agency’s collection and storage of phone records – which could now be kept with the phone companies. But as the burden then shifts to the telecom companies, what extra costs might they incur? And we continue our special collaboration with the New York Times on “Work in America.” Today we look at the gig economy.