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]