Facebook reported slightly stronger than expected profits. For the second quarter, it reported a net loss of $157 million or 11 cents a share. But when it adjusted its earnings to remove stock compensation charges related to its IPO, Reuters reports, Facebook actually made 12 cents a share.
In the novel What Happened to Sophie Wilder, writer Charlie Blakeman runs into his former college love after 10 years and finds out that she has converted to Catholicism. Charlie can't make sense of her conversion, but as he finds out more about Sophie's past, he sees her life is more complicated than he previously thought. When Sophie once again disappears, Charlie sets out to discover what has happened to her.
A couple of months ago, I visited Beijing, and like so many before me, I was stunned by how hypercapitalist Communist China has become — the hundreds of glossy highrises, the countless shops selling Prada and Apple, the traffic jams filled with brand new Audis. You felt you could be in L.A. or Tokyo — until you wanted some information. Then you discovered that Facebook was permanently blocked, certain words in Google searches always crashed your browser, and, as my wife joked, it was easier to buy a Rolls-Royce than a real newspaper. Here was a country at once booming — and repressive.