THE MORNING LOOP: 11.02.11
Justin Bieber to be a Dad? x 9-year-old charged with four felonies x Rick Perry, YouTube Sensation
No one has yet mastered the formula for how to make online ads a lucrative venture, but that era is quickly coming to a close. Right now there are five companies who control roughly two-thirds of all online ad spending: Google, Yahoo, Microsoft, Facebook and AOL. Google has the largest command with $29 billion, accounting for about a third of all spending by themselves. But Facebook is quickly catching up now that its platform is being monetized.
WikiLeaks leader Julian Assange’s appeal against being extradited to Sweden to face sex crime allegations was rejected. Unless a British Supreme Court hears him out, he will have to go to Scandinavia to be questioned about rape and molestation accusations. He’ll remain held on bail on house arrest at a “supporter’s lavish country estate.” Assange is not denying that there was sex with his accusers, but says it was consensual.
With Nebraska now iffy about the Keystone XL pipeline that would transport natural gas from Canada to Texas, President Obama has finally spoken out about it and says he will be the one to decide whether it gets built or not. In August, protestors camped out near the White House for nearly the whole month to get Obama to cancel the deal, which would be a climate change disaster in the making, and the job prospects for which have been overstated. Obama said he would consider both health and the economy in his decision.
A nine-year-old child was charged with four felonies after throwing a tantrum on her school bus. After the bus driver told her to stop eating candy, she “became very upset” and later spit on him. When a deputy arrived on scene, the child, a student at the Royal Palm School in Florida, threw a patio chair, bit him and told him, “I am going to kill you, get off of me!” The child was later released into her parent’s custody and given home detention for 21 days. [Click to see her mug shot]
Kim Kardashian wrote a heartfelt note to her fans on her blog yesterday saying, “First and foremost, I married for love. I can’t believe I even have to defend this. I would not have spent so much time on something just for a TV show!” Kardashian also cleared up media speculation that she profited from her wedding saying, ”These reports are simply not true and it makes me so sad to have to even clarify this.” She added that she’s donating money from her wedding gifts to the Dream Foundation.
Justin Beiber is all grown up, especially now that he’s been slapped with a paternity suit from a 20-year-old girl who claims the pop singer fathered a baby boy after they “hooked up” in L.A. Beibs’ camp is calling foul saying, “While we haven’t yet seen the lawsuit, it’s sad that someone would fabricate malicious, defamatory, and demonstrably false claims. We will vigorously pursue all available legal remedies to defend and protect Justin against these allegations.”
Tough times at Sony. It is being reported that the company is set to lose money for the fourth year in a row with their latest quarter posting $346 million in losses. Reasons for the decline have been accredited to a strong yen and poor sales of flat screen TVs. Flooding of production plants were also said to be major factors. The company says to stop the bleeding they will be putting more focus on smartphones.
Facebook was recently infiltrated by bots that came in and made off with 250GB of stolen user data including names, photos and status updates. The bots were a part of an experiment that the University of British Columbia Vancouver is conducting. Outside of proving that Facebook’s recent efforts at defending users from hackers and virus are a failure, they also found that pretty people get more friend requests.
The man considered to be the leader of the Four Tops has passed away. George “Tree” Roundtree served as the musical director, arranger, composer
and keyboardist for the group. He died Sunday in a Las Vegas hospital at age 61.
VIDEO OF THE DAY
A video of a Rick Perry speech shows a very lighthearted, dear we say cheery GOP candidate.