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7 Things You Need to Know Today

A roundup of the day's news curated by the Inc. editorial team to help you and your business succeed.
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1. The Jobs Picture

The jobless rate is staying high because of the long-term unemployed, the Council of Economic Advisers said Monday. The rate of those unemployed 27 weeks or more is double the rate prior to the recession--currently at 2.3 percent, while short-term unemployment, currently at 4.2 percent, has already returned to pre-recession levels.--Wall Street Journal

2. Snowden on Security Tips

Speaking from a secret location in Russia, whistleblower Edward Snowden issued a warning via video chat to festival-goers at South by Southwest Monday: Your company needs better security built into its products from the very beginning. Among other tips, Snowden advises tech companies to hold onto users' data only long enough to complete a specific action.--Inc.com

3. Search Engine

A 22-year-old Colorado company named DigitalGlobe is crowdsourcing the search for Malaysian Airlines flight 370 by making images from its five orbiting satellites available to the public for remote zooming and analysis. Could this represent the future of investigative police work?--ABC News

4. Expiration Date

INSEAD professor Manfred F.R Kets de Vries says that a CEO's period of maximum effectiveness lasts about seven years. The message? If you're smart, you won't wait that long to recognize you need to plan to pass the baton before inevitable decline sets in.--Harvard Business Review

5. Startup TV

Attention, founders and investors: There's another startup TV show on the air. The premier episode of Crowdfund Television (hosted by Kevin Harrington, original Shark Tank investor, and Donald Baillargeon, anchor of MoneyTV) has launched, featuring profiles and interviews with entrepreneurs and emerging companies. -- Crowdfund Television

6. Paying for Privacy

Stanford is launching a new social network called Omlet, which promises not to sell or store users' data. It's part of what Stanford researchers call the looming "privacy economy," a trend in which businesses promising their customers privacy will gain a competitive edge. -- Stanford.edu

7. High-Tech Fasting

The season of Lent--in which Christians make a personal sacrifice for 40 days--began last week. In addition to giving up smoking and swearing, a significant number of the faithful have given up tech. If you notice a dip in your pageviews over the 40-day period, it might just be because an estimated 31 percent of Christians observing Lent are fasting from technology.-- MarketWatch

 

Last updated: Mar 11, 2014

LINDSAY BLAKELY | Staff Writer | Senior Editor, Inc.

Lindsay Blakely is a senior editor at Inc., based in Los Angeles.




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