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Marketplace for Wednesday May 28, 2014
May 28, 2014

Marketplace for Wednesday May 28, 2014

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In a long- awaited report, the Federal Trade Commission today called for consumers to have more control over their personal information. The FTC wants Congress to consider legislation restricting the way data brokers can use the information they gather from "online" and "offline" sources. For example: What consumers buy, their social media activity, magazine subscriptions and political  affiliations. In this episode we look at how the data brokers operate. Also, Google recently introduced a prototype for their self-driving vehicle. Generation of Americans have experienced driver's-ed as a rite of passage, sitting behind a wheel while a driving instructor with his own set of controls yells, "Cwutch it! Cwutch it!!!!" (Or maybe not...) Now that Google is developing a second-generation self-guided car with no controls for a human driver to grab, it is possible to imagine a life where people in cars don't even need to know how to drive. ...New York comes to mind. Plus, "The Star Trek vision for a Universal Translator isn't a galaxy away," says corporate VP of Skype, Gurdeep Pall. And with that, comes the unveiling of new translation software that will work in real-time: "Skype Translator" will be launched later this year. After decades of research, Microsoft has apparently made a "breakthrough" in translation software, so we look at how much of a difference this will make, and the impact on international business.

 

Segments From this episode

When we started drinking beer, we became civilized

May 28, 2014
A look at the business and science of beer.

Increase your v-o-c-a-b-u-l-a-r-y

May 28, 2014
Marketplace Datebook for Thursday, May 29, 2014

Solving Detroit's blight, one scary poster at a time

May 28, 2014
Houses having been sitting empty for three to five years, and they are not getting any better.

What Google's driverless car actually means

May 28, 2014
With Google's new self-guided car, will people even need to know how to drive?

Lost in translation? Skype hopes not

May 28, 2014
Skype will introduce a new translation software that works in real time.

Data brokers set the price tag on your head

May 28, 2014
Now, the FTC wants them to give us some personal information.
The websites of Bing, Microsoft and Yahoo are displayed on a computer monitor in San Anselmo, California.
Justin Sullivan/Getty Images

In a long- awaited report, the Federal Trade Commission today called for consumers to have more control over their personal information. The FTC wants Congress to consider legislation restricting the way data brokers can use the information they gather from “online” and “offline” sources. For example: What consumers buy, their social media activity, magazine subscriptions and political  affiliations. In this episode we look at how the data brokers operate. Also, Google recently introduced a prototype for their self-driving vehicle. Generation of Americans have experienced driver’s-ed as a rite of passage, sitting behind a wheel while a driving instructor with his own set of controls yells, “Cwutch it! Cwutch it!!!!” (Or maybe not…) Now that Google is developing a second-generation self-guided car with no controls for a human driver to grab, it is possible to imagine a life where people in cars don’t even need to know how to drive. …New York comes to mind. Plus, “The Star Trek vision for a Universal Translator isn’t a galaxy away,” says corporate VP of Skype, Gurdeep Pall. And with that, comes the unveiling of new translation software that will work in real-time: “Skype Translator” will be launched later this year. After decades of research, Microsoft has apparently made a “breakthrough” in translation software, so we look at how much of a difference this will make, and the impact on international business.

 

Music from the episode

Missing Words Mark Ronson, The Business Intl
Buttons Sia
You're Not Good Enough Blood Orange