Bin Laden Is Fourth Man To Get Time’s Red ‘X’ Cover – The magazine said Monday that it will publish a special issue, to hit newsstands Thursday, on the death of the al Qaeda leader. The cover will feature an illustration by Tim O’Brien of bin Laden’s face with a red X across it, making bin Laden the fourth person in the magazine’s history to receive that treatment. Previous recipients of the red X include Adolf Hitler (May 7, 1945), Saddam Hussein (April 21, 2003), and Abu Musab al-Zarqawi (June 19, 2006). [huffpo]

Bush Declines Obama’s Ground Zero Invitation – President Obama invited former President George W. Bush to join him at ground zero in New York City on Thursday to mark the killing of Osama bin Laden, but a spokesman confirmed “President Bush will not be in attendance on Thursday.” “He appreciated the invite, but has chosen in his post-presidency to remain largely out of the spotlight.” [newyorktimes]

White House Backtracks On How Bin Laden Died – Claims that the al-Qaeda leader had died while firing an automatic weapon at commandos were withdrawn, with President Barack Obama’s spokesman admitting “he was unarmed”. A dramatic description of bin Laden using his wife as a “human shield” and forcing her to sacrifice her life also proved to be false. The woman was still alive and was taken into custody with several of the terrorist’s children. [telegraph]

Who Snagged The $27 Million Bin Laden Reward? – Under a special program started by Congress back in 1984, the U.S. government has paid $100 million to dozens of people who helped bring international terrorists to justice. But the reward for the most notorious terrorist of all — Osama bin Laden — could go unclaimed. The State Department’s Rewards for Justice Program had a $27 million bounty on bin Laden. [npr]

US Cautious With Release Of Bin Laden Photo – CIA chief Leon Panetta has suggested that photographs taken of al Qaeda leader Osama bin Laden after he was killed will eventually be made public. However, the White House was more cautious about the likelihood it would release images of the terrorist leader taken after he was shot in the head during a raid on his home in the Pakistani city of Abbottabad by US Navy SEALS. [skynews]

DA Says Black Support Has Tripled – The Democratic Alliance’s support among black voters has tripled in the run-up to the May 18 local government elections, party strategist Ryan Coetzee claimed on Tuesday. “Since the beginning of this campaign, the DA’s support among black voters has about tripled,” Coetzee told a press conference in Cape Town, citing the party’s tracking polls. [news24]

James Bond Sells Out Nicely This Time – One third of the budget for the next James Bond film is to come from brands that will appear on screen, making it the biggest product-placement bonanza in cinema history. Under a deal struck between the MGM studio and the film’s distributor, Sony, $45 million will be raised from companies wanting their brands displayed on screen – twice the previous record, held by Steven Spielberg’s Minority Report. [theaustralian]

Murdoch And Ferrari Look To Buy F1 – Formula One could face a joint takeover bid from Rupert Murdoch’s News Corp. and an investment company linked to Ferrari, the sport’s oldest team. Media giant News Corp. and Italian investment firm Exor said Tuesday that they were working together to search for other investors to potentially fund a bid for the motor racing series, which has been owned by private equity firm CVC Capital Partners since 2006. [timeslive]

Mystery Man Gives Mind-Reading Tech More Early Cash Than Facebook, Google Combined – Imagine the money that could be made by a drug company that accurately predicted and treated the onset of Alzheimer’s before any symptoms surfaced. That may give us an idea why NeuroVigil, a company specializing in non-invasive, wireless brain-recording tech, just got a cash injection that puts it at a valuation “twice the combined seed valuations of Google’s and Facebook’s first rounds,” according to a company announcement. [fastcompany]

Prince Of Monaco’s Wedding – Monaco’s Prince Albert II and Charlene Wittstock, his South African swimming champion fiancee, are to get married in Monte Carlo’s millionaire’s playground in a civil ceremony on July 1 followed by a religious ceremony the following day. Monarchs and heads of state can watch the marriage itself within the palace while 3,500 less privileged guests can watch on a giant screen. [luxuo]

AfriForum And Malema Mull Settlement – AfriForum has received an email from ANC Youth League president Julius Malema’s lawyers about the possibility of reaching an out of court settlement over his hate speech trial, the lobby group’s lawyer said on Tuesday. “We received an email from them inviting us to make suggestions,” said Willie Spies. [mail&guardian]

Mummified Body Appears To Be That Of Former Playboy Playmate – Los Angeles County coroners are trying to confirm that a badly decomposed body found in the home of former Playboy Playmate and B-movie actress Yvette Vickers is hers. The body appeared to have gone undiscovered for an unknown period of time — anywhere from several months to a year. [washingtonpost]

Fast & Furious 5 Is Biggest Movie Opener Of The Year – Ticket sales of $86.2 million for the fifth volume in the high-speed car chase series, in which Paul Walker and Vin Diesel reunite with fellow Fast veterans, marked the biggest premiere for any film so far this year. It is also currently racing ahead in the UK box office. In it’s opening weekend last weekend it took £5,332,096. [telegraph]

TV Ownership In The US Drops For The First Time Since 1992 – The economy and digital alternatives have caused more Americans to tune out their TV sets, The Nielsen Co. reports. In a report released Tuesday, Nielsen estimated the number of U.S. households with TVs to be 114.7 million, down from 115.9 million in 2010 — a decline to 96.7% from 98.9%. That may not seem like much, but the last such dip came 19 years ago. [mashable]

New York Finally Upgrades Their Taxis. Nissan Lands The Coveted Deal – The Nissan NV200 was selected over two other finalists, which were Ford Motor Co. and Karsan models. During a City Hall press briefing in New York City today, Mayor Michael Bloomberg and Nissan Americas Chairman Carlos Tavares announced that the Nissan NV200 has been selected as the “Taxi of Tomorrow.” [dailytech]

live – every day – 1-click to tune in.