Marketers spent $5.5 billion on online ads in the third quarter, down 5.4% year-over-year, the IAB and PricewaterhouseCoopers report. That's a slight improvement on Q2, which saw $5.4 billion in spending.
An analysis by ReportBuyer predicts the biocompatible materials market in the U.S. will reach $5.5 billion in 2018, with a 5.4% annual growth rate. The analysis cited synthetic polymers as the group's top-selling product and noted an anticipated increase in demand for natural biocompatible polymers.
A state judge rejected a petition to discontinue construction of Honolulu's $5.5 billion rail transit project due to the city not having completed archaeological surveys throughout the proposed route. The suit was filed because of the plaintiff's concern that the Kakaako burial ground of her ancestors would be disturbed.
Hawaii Gov. Linda Lingle said she plans to review the feasibility of Honolulu's $5.5 billion rail transit proposal as well as transit alternatives for the city. The state's review could delay the city's plans to begin construction on the 20-mile line in January or February. Honolulu completed an environmental impact study for the elevated commuter train, but some critics have questioned the study's adequacy.
Facebook is consolidating shareholder power among its founders and executives in advance of a possible public offering, according to this article. The social-networking company has established a new stock structure with two classes of shares.