Apple Joins $500 Billion Club – After the U.S. market closed on Tuesday, the value of Apple topped $500 billion amid reports the iPad 3 launch is imminent. The company is now worth more in dollar terms than most countries’ gross domestic product and joins a very exclusive club of companies that have been valued, at some point, at more than half a trillion dollars. [cnbc]

Julius Malema Expelled From ANC – We reported this late yesterday evening. You can catch that breaking news report by scrolling down to the article below this, or by following the link. [link]

Telkom Hits New Low On Doubts Over Korea Sale – Telkom ’s share price fell yesterday to its lowest level in more than three years on speculation that South Korea’s largest phone company, KT Corporation, may abandon its offer for a 20% stake or cut its offer price because of the stock’s poor performance. [businessday]

Shots Fired Outside Malema Home – Shots were fired outside the home of ANC Youth League president Julius Malema in Seshego, after it was announced he had been expelled from the ANC, said Limpopo police early Thursday morning. [timeslive]

Oscars Go Under The Hammer For $3 Million – A Los Angeles auction house sold a collection of 15 Oscar statuettes for more than $3 million on Tuesday, two days after this year’s Academy Awards show. The gold-plated prizes included a Best Screenplay Academy Award for the iconic movie “Citizen Kane,” given to Herman Mankiewicz in 1941. [luxuo]

North Korea Agrees To Suspend Uranium Enrichment – Despite the State Department’s announcement Wednesday that North Korea has agreed to suspend its uranium-enrichment program and long-range missile tests, Obama administration officials stress that the concession marks only modest progress toward its goal of denuclearizing North Korea. [usatoday]

Some Classic Malema Quotes – Now that Julius Malema has been expelled from the ANC, perhaps we should look back at some of his more famous quotes. My personal favourite is this one: “You can arrest me, but you can’t arrest my ideas.” Fantastic. Just fantastic. [news24]

CNN Founder Ted Turner ‘Spends One Week Each Month With A Different Girlfriend’ – Ted Turner, the 73-year-old billionaire founder of CNN and Jane Fonda’s ex, has revealed that he has four girlfriends each of whom he spends one week with a month. [telegraph]

Facebook Rolls Out New Advertising Tools – Facebook rolled out new tools for advertisers as it prepares to go public later this year in the largest flotation ever by an internet company on Wall Street. Among the marketing opportunities was the possibility for ads on mobile devices. [timesofindia]

New Google Privacy Policy Sparks EU Inquiry – Google’s new privacy rules, which have come into force as of today, are to be investigated by EU authorities, with France arguing the sweeping changes breach European law. [guardian]

App Company Suing Justin Bieber – A local app company, RC3, is suing pop music star Justin Bieber according to a press release from the company. The Jacksonville mobile app developer is suing the star after he filed a “cease and desist” order in reference to an app the company created called “Joustin’ Beaver.” [fcnews]

Davy Jones, Monkees Singer, Dies At 66 – Davy Jones, a singer and, by long-held public consensus, the handsomest and most popular of the Monkees, the collectively young, longhaired, wildly famous and preternaturally buoyant pop group of the 1960s and afterward, died on Wednesday in Indiantown, Fla. He was 66. [newyorktimes]

Michael Jordan’s Estate For Sale [Video] – Former NBA star Michael Jordan has put his longtime Chicago-area home on the market. The property includes an indoor basketball complex and a gate engraved with his iconic jersey number. The asking price is $29 million. You need to see this. [wallstreetjournal]

Natalie Portman Secretly Got Married – Academy Award winner Natalie Portman secretly wed dancer-choreographer Benjamin Millepied, reported jeweler Jamie Wolf on Tuesday in a press release. Portman and Millepied were both spotted with wedding bands at Sunday night’s Academy Awards ceremony. [extratv]

The Most Fabulously Ferocious Ferrari Ever – At some point, automakers will realize there is more to life than horsepower, gearheads will see that eyeball-flattening acceleration is overrated and … oh, who are we kidding? There will always be cars like the fabulously ferocious Ferrari F12 Berlinetta and we will always love them. [wired]