Facebook Shares Slip Below $30 In ‘Worst IPO In Financial History’ – Facebook’s stock price fell almost 10% on Tuesday leading analysts to declare its initial public offering (IPO) last Friday as one of the worst in financial history. The social network’s Nasdaq trading price fell as low as $28.65, down from $38 or more than 20% since its launch. [huffpo]

ANC Youth League Gave That Penis March A Miss – While representatives of all other ANC structures and their affiliates marched from Zoo Lake to the gallery in Rosebank to hand over a memorandum protesting against Brett Murray’s painting The Spear, the ANCYL did not turn up. [news24]

SA Government Sees No Reason To Condemn Syria Over Massacre – Department of International Relations and Co-operation spokesman Clayson Monyela says the massacre of 108 people is no reason to change the relationship between SA and Syria. [businessday]

Prince William Opens Up About Diana Not Being At Wedding – Prince William says he is “very sad” Princess Diana will never get the chance to meet his wife Kate, while his brother Prince Harry adds that their late mother would have “loved” the duchess and had the “best seat in the house” at the royal couple’s 2011 wedding. [otrc]

Rare Pink Diamond Sells For R145 Million – The Martian Pink diamond, a rare 12.04-carat brilliant-cut gem, sold for $17.4 million in Hong Kong on May 29, 2012 by Christie’s auction house. An anonymous bidder purchased it by telephone. American jeweler Harry Winston named the gem in 1977. [abc]

Julian Assange Extradition Case: Courts To Decide Today – Britain’s Supreme Court is expected to rule on Wednesday on whether to approve the extradition of WikiLeaks chief Julian Assange to Sweden (for sex crimes), a potential turning point in the Internet activist’s controversial career. [ibnlive]

US Special Forces Parachuted Into North Korea – US and South Korean special forces have been parachuting into North Korea to gather intelligence about underground military installations, according to a senior US officer. [telegraph]

The First 20 People To Join Facebook – They say it’s whom you know, not what you know. That seems to be the case for Facebook founder Mark Zuckerberg’s extended clique during his college days at Harvard, many of whom are now high fliers in business, technology and finance. [thedaily]

Stray Dog Becomes YouTube Sensation [Video] – When a group of Chinese cyclists threw a stray dog a bone, little did they know that they were at the start of an epic journey that makes Lassie Come Home look like a walk in the park. Try 1,600km in 20 days.. [smh]

Drones: How Obama Learned To Kill – The Obama campaign touts a commander in chief who never flinches, but the truth is more complex. In an excerpt from his new book, Kill or Capture: The War on Terror and the Soul of the Obama Presidency, Daniel Klaidman reveals: [beast]

Serena Williams Out Of French Open: First Round – Three hours three minutes into an upset that ranked among the most stunning and unexpected in the recent history of the French Open, Serena Williams turned into a backhand. It was immediately clear it would sail long. [nytimes]

Powerball Lotto Hits R1.2 Billion – Tonight’s Powerball lottery is heading towards a record jackpot again. Tickets for tonight draw can be bought online. Good luck! [tickets]

Madonna Covers Gaga’s ‘Born This Way’ [Video] – Footage of Madonna covering Lady Gaga’s track ‘Born This Way’ has emerged online. The video shows Madonna slip the ‘Born This Way’ chorus into ‘Express Yourself’. Madonna has previously spoken out about the similarities between ‘Express Yourself’ and Lady Gaga’s ‘Born This Way’ by describing the latter as “reductive”. [nme]

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COMING UP TODAY

The Bailey Schneider Show – News Anchor and TV personality, Stacey Holland joins Bailey from 14h00-15h00.[baileyschneider]

The Rolling Stone Chart Show – 2ov Radio has teamed up with Rolling Stone magazine to bring you the weekly charts at 12h45 each Wednesday – live to your radio / car / mobile phone on the Just Josie Show! Followed by Food and Wine pairing with Maryna from Wine-Extra and Miss K Cafe. [rollingstone]