Zuma’s State Of The Nation Address – The announcement of R19-billion to help with job-creation and the establishment of a relief fund to the tune of R800-million showed SA President Jacob Zuma was putting his money where his mouth is when it comes to the issues that matter most to South Africans — recovering from devastating natural disasters on the one hand and dealing with unemployment on the other. But as for a grand vision for the country that many craved from Zuma, they were once again disappointed. [mail&guardian]
Is Nokia Pulling A Cell C? – On Tuesday and Wednesday, the interwebs were abuzz with a “leaked” memo from the CEO of Nokia to his staff, purporting to show just how awesome and cool he is. Except it’s a little too precious, and we have seen this trick before. [dailymaverick]
Mubarak Further Enrages Protesters – Protesters in Egypt, rowdy with revolutionary fervor, dug in for an 18th day of demonstrations Friday, one day after Egyptian President Hosni Mubarak refused to step down. In a highly anticipated speech, Mubarak clung to the presidency but said he would “delegate powers” to Vice President Omar Suleiman according to the constitution — a major concession from the man who has ruled Egypt with an iron grip for 30 years. [cnn]
Ruth Madoff Turned Away At Son’s Memorial – Ruth Madoff flew from Florida to Greenwich, Conn., to attend a private memorial service for her son Mark after his suicide last December — but was turned away by his unforgiving widow, Stephanie. Now she passes most of her days and nights alone and numb, her friend said. “She told me, ‘At night, it gets to me — the shame, the disgrace, all the stuff that killed Mark.’ ” When Bernard Madoff’s Ponzi scheme collapsed, Mark and his brother, Andrew, warned their mother: It’s him or us. [nypost]
Germans Set To Buy The New York Stock Exchange – After 219 years as the citadel of American capitalism, the New York Stock Exchange was near an agreement to be acquired by Deutsche Börse AG in a deal that would create the world’s largest financial exchange. If a deal is reached and regulators approve, the combined company would trade more stocks and futures than any rival in the world and more options than any U.S. exchange. [wallstreetjournal]
Donald Trump Still Banging On About Being President – Donald Trump got the crowd’s 2012 election juices going on the first day of the Conservative Political Action Committee conference (CPAC). And it sure sounded like the Donald was running for president. “Considering the state of the country we need a competitive person,” Trump said, after noting the Business Week had named him “the world’s most competitive business person.” “If I run and if I win, this country will be respected again.” [time]
Wikileaks Defector Slams Assange In Tell-All Book – WikiLeaks founder Julian Assange lost control of his site’s submission system in an internal revolt last fall, and has never regained it, according to a tell-all book penned by the organization’s top defector, who accuses Assange of routinely exaggerating the security of the secret-spilling website and lying to the public about the size and strength of the organization. [wired]
The Dress Lindsay Lohan Wore To Court Is Now Sold Out – So much for the speculation about whether Lindsay Lohan is going back to jail; now it’s all about her white hot court dress. How can you get one? The dress is from designer Kimberly Ovitz’s pre-fall collection and retails for $575 according to Ovitz’s spokeswoman Alexandra Gordon. The “Glavis” design from Ovitz’ pre-Fall collection is now sold out at every online boutique that carries Ovitz’s designs. [abcnews]
Scarlett Johansson And Sean Penn Sitting In A Tree: K-I-S-S-I-N-G – Scarlett Johansson and Sean Penn are “undercover lovers” exclaims Us Weekly. According to the magazine, just weeks after Johansson and Ryan Reynolds announced their split, she and Penn “began seeing each other.” “Their first hookup was in Scarlett’s bungalow” at the Chateau Marmont hotel in L.A. on January 4, says a so-called “insider” for the mag. [gossipcop]
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