Apple Is Holding More Cash Than The USA – Apple now has more cash to spend than the United States government. Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn). Apple’s most recent financial results put its reserves at $76.4bn. [bbc]

Obama Announces Deal To End US Debt Crisis – Barack Obama declared on Sunday he had reached agreement with Republican and Democratic Congressional leaders aimed at ending the US debt deadlock that has threatened to throw the US and world economy into chaos. However, in an address from the White House, he added cautiously, “We are not done yet.” [guardian]

Amy Winehouse Album Tops Album Charts – As tributes poured in to the troubled star, fans flocked to buy her records sending five hits into the top 40 – a record for the late soul and jazz star. And while Back To Black became this week’s best-selling album – holding off Adele’s 21 – her debut effort Frank came in at number 5 and the box set Frank/Back to Black entered at number 10. [telegraph]

Zara Phillips Marries Mike Tindall [Video] – As the Queen’s grand-daughter, Zara Phillips, married Mike Tindall, the England rugby captain in Edinburgh yesterday, there was none of the high pomp and ceremony that marked the marriage of Prince William and Kate Middleton in Westminster Abbey in April. And there was not a politician in sight. This was a relaxed, modern affair in glorious sunshine, a private wedding for friends at the Canongate Kirk on Edinburgh’s Royal Mile. [telegraph]

Apple Topples Nokia And Samsung As Top Smartphone Maker – Apple blew by once dominant cellphone makers Nokia and Samsung to become the top smartphone vendor, with over 18 percent market share, according to figures released by Strategy Analytics. In just four years since the release of the iPhone, Apple managed to become the world’s largest smartphone maker, despite sharp competition from rival Samsung. [pcworld]

De Villiers Believes Tri-Nations Tour Was An ‘Investment’ – Peter de Villiers was in a buoyant mood despite back-to-back defeats for the Springboks over the past two weeks on the away leg of the Tri-Nations in Australasia. The Springbok coach said the exercise of fielding a host of young and inexperienced players for the two Tri-Nations matches will be a good investment for the future, and something that will stand the next national team coach in good stead. [mail&guardian]

Malema Not Scared Of Jail – ANC Youth League president Julius Malema said he is not afraid of going to jail. Breaking a seven-day silence after the City Press published damning allegations that he has been funding his lavish lifestyle through a family trust fund, Malema said he has never accepted a bribe in his life. [timeslive]

Malema Heads For Botswana – The ANC Youth League’s national executive committee is to send a team to Botswana to consolidate local opposition parties, its leader Julius Malema said on Sunday. “Botswana is in full co-operation with imperialists…and the government is undermining the African agenda,” he said at the committee’s closing meeting in Boksburg. [news24]

China’s Media Blackout – After days of growing public fury over last month’s high-speed train crash and the government’s reaction, Chinese authorities have enacted a virtual news blackout on the disaster except for positive stories or information officially released by the government. The government’s decision to muzzle the media followed a remarkable outpouring of online criticism of the government over the July 23 accident. [nytimes]

Rival Rebel Group Clash in Libya – 4 Dead – Four people died in clashes between rival factions of the Libyan rebels yesterday in the opposition stronghold of Benghazi, deepening the worst crisis so far for the movement after its chief military commander was killed, possibly by fighters from his own side. One rebel group overran the base of another faction because they suspected it had freed some supporters of Muammar al-Gaddafi from an opposition prison. [scotsman]

Jenson Button Celebrates His 200th Grand Prix And Win With Smoking Hot Girlfriend – After winning the Hungary Grand Prix and driving in his 200th Grand Prix, Jenson Button was on top of the world yesterday. And after clinching pole position in Budapest, the 31-year-old was certainly sharing the love as he joined his girlfriend and teammate Lewis Hamilton for a group hug. Photos.. [dailymail]

Second Life Business Owners Suing Each Other – A palomino mare named Star grazes on Debbie DeLouise’s clover meadow, hanging out at a salt lick there and frolicking with her foal Holly. But a legal dispute may imperil their pastoral bliss: It threatens to close the only store where Ms. DeLouise can buy food for Star and Holly. Without their special diet, the horses would waste away and turn green. [wallstreetjournal]

What It’s Like To Have Your Own Private Island – Roughly 300 miles off the coast of South Florida is a string of mostly uninhabited small islands amid clear blue water and coral reefs on a limestone plateau. There’s virtually no nightlife, no major airports, no celebrity chef restaurants. There are also no neighbors. That remoteness is attracting a rarefied group of wealthy entertainers and name-brand CEOs. In the world of high-end real estate, privacy is an increasingly prized amenity. [wallstreetjournal]

‘Life In A Day’ Distills 4,500 Hours Of Intimate Video – Life in a Day is a simple movie born from a complex process. The crowdsourced documentary, which opens in select cities Friday, takes a look at July 24, 2010, through the lenses of tens of thousands of average folks who submitted videos of their day to the film’s creators through YouTube. The resulting film comes in at 90 minutes, but started out as 80,000 individual clips amounting to 4,500 hours of electronic footage. [wired]

F-16 Fighter Jet Crashes On Runway [Video] – An F-16 fighter jet ran off the end of a runway and crashed at the EAA AirVenture convention in Oshkosh, Wisconsin on Friday. The lucky Alabama Air Guard pilot wasn’t injured, but it looks like that $20 million F-16 Fighting Falcon might need a serious overhaul. [mashable]

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