NPR's business news starts with NASDAQ compensating clients.
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MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.
Google has fired the first shot in what might come to be known as the map wars. Yesterday, the company unveiled new features, such as maps in 3D. Google made its move just five days before Apple is expected to announce its own new and improved mapping software.
Google made its move just five days before Apple is expected to announce its own, new and improved mapping software. NPR's Laura Sydell reports.
The need to store digital information is growing. Tens of thousands of new jobs are expected to be created over the next six years to take full advantage of that ocean of information known as big data.