3 Reasons Why Facebook's Value Plunged By $130 Billion

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3 Reasons Why Facebook's Value Plunged By $130 Billion

Years of privacy controversies finally caught up with Facebook. Thus, despite announcing another solid quarter – revenue up 42% year-over-year to $13.2 billion and profits up 31% at $5.1 billion – more than $130 billion (as of this writing) were wiped …
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China Baidu's second quarter exceeds expectations, powered by ad sales growth

BEIJING (Reuters) – Chinese internet search giant Baidu (BIDU.O) beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new …
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Alaska Airlines accused of forcing gay couple to sit apart so straight couple could sit together

Alaska Airlines is under fire after a man said he and his boyfriend were told to sit apart on a California-bound plane because a straight couple wanted to sit together.
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Local poké business removes the words 'Aloha' and 'Poke' after cease-and-desist letter

ANCHORAGE, Alaska (KTUU) – In East Anchorage, the signs outside of a local poké business have been taken down. Natasha Kahele, owner of Lei's Poke Stop says it's rebranding after receiving a cease-and-desist from a Chicago-based chain named
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Inside the Tesla Factory: Burning cash, and trying not to burn out

FREMONT, Calif. – At the Tesla Factory one day last week, the robotic city of Elon Musk's dreams looked like a madhouse, a tangle of red machines and car skeletons and industrial presses, firing welding sparks and pounding steel.
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