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Facebook reported a dip in its quarterly profit Wednesday but said revenues surged on mobile advertising gains, as its user base neared 1.5 billion. Facebook like other global companies was hurt by the rising dollar, saying that revenues would have been up 50 percent without the impact of currency changes. "This was a good quarter for us," said Facebook founder and chief executive Mark Zuckerberg on a conference call on the results.
LOS ANGELES (AP) — The nation's second-largest city is poised to ban possession of firearm magazines that hold more than 10 rounds of ammunition, stepping into the national debate over gun regulation following a series of deadly, mass shootings.
Mullah Mohammad Omar, the secretive head of the Taliban and an al-Qaida ally who led a bloody insurgency against U.S.-led forces, eluded capture for more than a decade in spite of being one of the most-hunted fugitives on Earth.