According to the Chicago Booth/Kellogg School Financial Trust Index (h/t WSJ’s Sudeep Reddy), only 23% of Americans trust the financial system. And 62% are either “angry” or very “angry” about the state of the economy.
Trust in the financial system hasn’t been this low and anger in the economic situation hasn’t been this high since March 2009. And March 2009 was when the S&P 500 hit that horrific low of 666.
“In an election year, this certainly indicates the importance of the economy to the political agenda,” wrote Paolo Sapienza. Sapienza co-authored the index with Professor Luigi Zingales.
Then again, March 2009 turned out to be an amazing time to buy stocks.
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Twitter has acquired security startup Dasient, a company that specializes in fighting spam and malware.
In terms of the size of the team this acquisition was a large one, said TechCrunch’s sources.
It could be a match made in heaven — the most likely scenario seems that Twitter wants to protect its self-serve ad product from being used as a vehicle for spam.
With Dasient being well-versed in anti-spam and anti-malware efforts, it could be just what Twitter needs to maintain the product.
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In a weird twist of events, the hole was actually found by Infoworld, a news site that covers the tech industry. Oracle even gave the publication a public credit for finding and reporting the hole — and waiting to publish the story until Oracle could issue a patch, which it did today.
The flaw had to do with time stamp technology that acts like an internal clock. This clock is the key to keeping data synchronized and safe. When multiple databases are linked together the clock could be manipulated to be inaccurate. This is one of those critical systems that was difficult to fix and affected a long list of Oracle’s products.
The critical patch sent out today fixes a whole bunch of other flaws, too. Some 78 holes will be patched across all of Oracle’s major product families.
Inforworld contends that Oracle executives knew about the time stamp problem and not only downplayed it, but issued a workaround fix that could have caused customers even more headaches and money. Oracle seems to have gotten its act together and really fixed the security flaw this time, Infoworld says.
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Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.
Collaborators – Digital Profs
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