WikiLeaks founder Julian Assange plans to run for a seat in the Australian Senate in elections due next year despite being under virtual house arrest in England and facing sex crime allegations in Sweden, the group said Saturday.The 40-year-old Australian citizen is fighting extradition to Sweden. He has taken his legal battle all the way to Britain’s Supreme Court, which is expected to rule on his case soon. Assange has criticized Australian Prime Minister Julia Gillard’s center-left government for not standing up for him against the potential threat of his extradition to the United States for prosecution over WikiLeaks’ release of hundreds of thousands of classified U.S. documents.
Wednesday, March 28, 2012
Pitchfork- Today in things you never thought you'd see: Footage of Nine Inch Nails performing on the cheesy late-1980s/early-1990s live dance program "Dance Party USA" (think: Sarah Jessica Parker and Helen Hunt in Girls Just Want to Have Fun). They perform their debut single "Down In It". And it is the best thing you will watch all week.
A user on the message board Echoing the Sound (via the NIN Hotline) has posted the performance, which comes from a first-generation video recording purchased for $100. Spoiler alert: Trent Reznor is wearing a scrunchie. Enjoy!
Sunday, March 25, 2012
"Funk Up the Fun", a new song from Azealia Banks produced by Diplo. This one finds Banks at her speediest, smack-talkingest peak, saying: "Outta here, y'all little internetbitches. I really do this... snitches still on the Myspace and on YouTube, still tryna y'all little video views up to a million."
Thursday, March 22, 2012
Tuesday, March 20, 2012
Monday, March 19, 2012
Al Jazeera- Apple has announced it plans to pay a quarterly dividend of $2.65 per share and authorised a $10bn stock buyback programme to be executed over three years.
The pioneering technology giant said it planned to initiate the quarterly dividend in the fourth quarter of the 2012 fiscal year, which begins on July 1, and to begin the stock repurchase programme in the 2013 fiscal year, which starts on September 30.
Wall Street had speculated that Apple was planning to return cash to shareholders, taking a cue from comments made by Tim Cook, the company's chief executive, about "active discussions" at the top levels about the matter.
Cook recently said he had been "thinking very deeply" about investors' demands that Apple return some of the cash to shareholders via a dividend, pushing Apple shares up more than 35 per cent since the beginning of the year.
Apple shares rose 2.4 per cent in trading in New York on Monday, ending the session at $598.84 a share.
The move appears to mark a change from corporate policy under Steve Jobs, Apple's co-founder and former chief executive who died last year, when dividends were often mentioned but not acted upon.
Still, Cook said on Monday that the company's priority remained "making great products", echoing his predecessor's mantra.
"Innovation is the most important objective at Apple and we will not lose sight of that," Cook said.
Apple has experienced a phenomenal turnaround in fortunes since the 1990s, when it struggled to stay afloat before its co-founder the late Steve Jobs returned to take the helm.
The company, known as Apple Computer Inc when it was founded in 1976, was on a steep decline before Jobs returned in 1997 to re-energise the company with innovative products such as the iPod music player, the iPhone and the iPad tablet computer.
With a market value of about $546bn, the company last year eclipsed oil giant Exxon as the world's most valuable company based on its stock value.
Had it kept amassing cash and low-yielding securities, Apple could eventually have opened itself to legal challenge from shareholders, who could have argued that it was misusing their money.