London Burns – Rioting has spread across London on a third night of violence, with unrest flaring in other English cities. An extra 1,700 police officers were deployed in London, where shops were looted and buildings were set alight. Birmingham, Liverpool, Nottingham and Bristol also saw violence. [bbc]

Malema Pays R50,000 For Saying Alleged Victim Enjoyed Being Raped – ANC Youth League leader Julius Malema on Monday paid a R50 000 fine for his “nice time” remark about a woman who claimed she had been raped. Malema had said a woman who accused President Jacob Zuma of rape had “a nice time” and had breakfast afterwards. [mail&guardian]

Horror As US Markets Plummet – US stocks plummeted more than five percent on Monday, with the Dow Jones Industrial Average losing 625 points in the wake of Standard & Poor’s unprecedented downgrade of the United States. The Dow was down 5.5% to 10 813.26 in closing trade, its lowest close since last October. It was the steepest one-day drop in point terms since the financial crisis of 2008. [fin24]

Jay Z And Kanye West’s Album ‘Drops’ On iTunes – Jay-Z and Kanye West’s “Watch the Throne” collaboration album was released exclusively on iTunes today (August 8), becoming the first major hip-hop release in recent memory to avoid being leaked. Muffled excerpts from the duo’s listening party at the Museum of Natural History in New York last week were briefly posted online but were soon removed. [billboard]

Kanye West Likens Himself To Hitler – Kanye West stirred up the crowd at the Big Chill festival in the U.K. with a rant about Hitler. “I walk down the street, and people look at me like I’m insane, like I’m Hitler,” the 34-year-old U.S. rapper told the audience at the four-day weekend event in Herefordshire. His complaints that he was misunderstood were met with boos. [bloomberg]

Maid Sues DSK – A hotel maid who accuses ex-International Monetary Fund boss Dominique Strauss-Kahn of sexual assault sued him Monday, seeking unspecified damages as a result of what she calls the “violent and sadistic” attack in a room at the upscale Sofitel hotel, leaving her with torn pantyhose, an injured shoulder and a bruised vagina. [foxnews]

Facebook May Lead To Psychological Disorders – Increasing research on social media’s effects on human interaction has revealed the development of antisocial behavior, narcissism and a slew of other character flaws and negative by-products. Overdosing on Facebook may lead to the development of such psychological disorders in teens. [mashable]

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