James Murdoch To Pay Milly’s Family Millions – James Murdoch, the chairman of News International, has reportedly agreed to cough up about £3-million ($4.7-million) in damages to the family of Milly Dowler, the 13-year-old English murder victim whose phone and voicemails were hacked by reporters of the now-defunct News of the World tabloid. [ibtimes]

Avusa Chair And Directors Quit – The annual meeting of media group Avusa was marked by the surprise resignation of its chairperson, advocate Dumisa Ntsebeza and two other directors on Monday. Two non-executive independent directors, Tom Wixley and Babalwa Ngonyama also resigned. [news24]

Sarah Ferguson Is Moving To LA – Sarah Ferguson is moving permanently to Los Angeles. The ex wife of Britain’s Prince Andrew has told friends she is sick of how she is portrayed in Britain and is hoping for a fresh start in America, where she believes she isn’t judged for her past transgressions, including her attempt to sell access to her former spouse for cash. [femalefirst]

Loeries: Stop Me If You’ve Seen This One Before – “The weekend has come and gone down here in the fairest of Capes and the terrified people of Cape Town are slowly emerging from hiding in the tentative hope that they are finally safe from the orgiastic deluge of booze, cocaine and backslapping that was the 2011 Loerie Awards” – Rob Van Vuuren gets a few things off his chest..[mail&guardian]

Apple Stocks Hit Highest Level Ever – Apple Inc. stock reached its highest level ever Monday, hitting $413.23 in intraday trading even as the broader market declined. That price was 3.2 percent higher than Friday’s close and brought the company’s market capitalization to $383 billion, albeit briefly. [smh]

S&P Reduces Italy’s Rating – Italy has had its sovereign debt rating cut by Standard & Poor’s, the latest move in a deepening European debt crisis. S&P cut its rating one level to A/A-1 from A+/A-1+, adding that the outlook for the country was “negative”. It cited fears over Italy’s ability to cut state spending and bring its finances in order. [bbc]

Virgin Galactic Space Launch Within 12 Months – British business magnate Richard Branson hopes to launch a vessel into space within the next 12 months, kicking off an era of commercial space travel. “The mother ship is finished… The rocket tests are going extremely well, and so I think that we’re now on track for a launch within 12 months of today.” [luxuo]

Australian Foreign Minister In Sandwich Spread Drama – Kevin Rudd, the Australian foreign minister, has been forced use all of his powers of diplomacy to convince dubious members of the US Customs service to allow him to take a jar of Vegemite, his nation’s favourite spread, onto a plane. [telegraph]

“Party Rock Anthem” North Korea Edition – YouTube user error606 uploaded a mash-up on Friday, titled “North Korea Party Rock Anthem ft. Kim John II,” that puts the official song of the summer in a crazy new light. The video matches up LMFAO’s “Party Rock Anthem” with scenes from military parades in North Korea, bringing house beats and militarized marching together like never before. [huffpo]

Whites Love Mandela More Than Jesus – Controversial anti-apartheid activist Dr Allan Boesak has accused white South Africans of loving Nelson Mandela more than Jesus because, according to him, even Jesus took a stronger stance on social justice than the former president. “Jesus was far too radical and Mandela didn’t want to go that far because he understood our people in this country,” said Boesak yesterday. [timeslive]

Pressure On Info Bill Is Working – The delay of Parliament’s vote on the Protection of State Information Bill proves that pressure on the government is working, the National Press Club said on Tuesday. “We remain of the view that the Bill is unconstitutional. All clauses that infringe on our rights need to be withdrawn,” club chairman Yusuf Abramjee said in a statement. [timeslive]

Drones Of The Future Will Have Automated Killing – One afternoon last fall at Fort Benning, Ga., two model-size planes took off, climbed to 800 and 1,000 feet, and began criss-crossing the military base in search of an orange, green and blue tarp. The automated, unpiloted planes worked on their own, with no human guidance, no hand on any control. [washpo]

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