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Tuesday, July 24, 2012
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Nas – N.Y. State of Mind Lyrics | Rap Genius
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Matt Damon Ready For 'Bourne 5,' But If 'Legacy' Is A Hit, He Expects The Franchise To Move On Without Him | The Playlist
Reuter site - Paterno got sweetened deal as sex abuse probe unfolded: report
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http://mobile.reuters.com/article/sportsNews/idUSBRE86D0D320120715
Paterno got sweetened deal as sex abuse probe unfolded: report
Sat, Jul 14 21:13 PM EDT
(Reuters) - Penn State football coach Joe Paterno began trying to amend his contract in January 2011, the same month he learned that his former assistant coach was under criminal investigation for child sex abuse, The New York Times reported on Saturday.
By August 2011, university officials had reached an agreement with Paterno to reward him with a $3 million bonus if he retired at the end of the 2011 season, one season short of his existing contract, which would have expired at the end of 2012, according to the newspaper.
A Penn State spokesman said the contract was set to expire at the end of the 2011 football season, not at the end of 2012 as the Times said. He declined further comment on the Times story.
The university's full board of trustees did not learn of the agreement until November 5, 2011, when the former coach Jerry Sandusky was arrested and charged with molesting several young boys over the course of more than a decade, at times on university grounds.
A spokeswoman for the Paterno family had no immediate comment on the New York Times report.
Last month, Sandusky was convicted of 45 counts of child sex abuse and child endangerment, and is facing life in prison when he is sentenced this autumn. His lawyers have indicated they will file an appeal of the conviction.
After Sandusky's arrest, the university fired Paterno, who had won more games than anyone in major college football history. Paterno died of lung cancer in January 2011, five months before the verdict against his longtime assistant coach was delivered.
Once they learned of the arrangement university officials had reached with Paterno, a divided Penn State board of trustees reportedly debated whether it would be "unseemly" to pay the veteran coach. The university ultimately paid everything the agreement required in April, a package worth roughly $5.5 million, according to the newspaper.
On Thursday, former FBI Director Louis Freeh released scathing conclusions of an eight-month investigation into the university's handling of the Sandusky affair. His report found that the Penn State leadership, including Paterno, failed to take any steps for 14 years to protect the children Sandusky victimized.
Freeh blamed Paterno and other university officials for working together on a cover-up that began as early as 1998, when university police investigated allegations of abuse but let Sandusky off with a warning.
"In order to avoid the consequences of bad publicity, the most powerful leaders at Penn State University ... repeatedly concealed critical facts relating to Sandusky's child abuse," Freeh said, adding that bad publicity would have upset donors and damaged the Penn State brand.
(Reporting By Chris Francescani; Editing by Greg McCune, Cynthia Johnston and Philip Barbara)
Sunday, July 8, 2012
AP Mobile BlackBerry client: Google phasing out 'iGoogle' in latest purge
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Google phasing out 'iGoogle' in latest purge
http://m.apnews.com/ap/db_16036/contentdetail.htm?contentguid=Dk3CpJcJ
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Thursday, July 5, 2012
Reuter site - RIM CEO says "nothing wrong" with BlackBerry maker
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RIM CEO says "nothing wrong" with BlackBerry maker
Tue, Jul 03 14:27 PM EDT
TORONTO (Reuters) - Research In Motion Ltd's freshman CEO insisted on Tuesday that nothing is wrong with the maker of BlackBerry smartphones and that it certainly isn't in a "death spiral," even as the company's already battered stock edged toward new lows.
In what appeared to be a concerted effort to win over Canadians mourning the fall of a national icon, Thorsten Heins said Waterloo, Ontario-based RIM is facing very big challenges, but would emerge successfully from its transition.
"There's nothing wrong with the company as it exists right now," Heins said on Canadian Broadcasting Corp's Metro Morning radio show.
"I'm not talking about the company as I, kind of, took it over six months ago. I'm talking about the company (in the) state it's in right now."
Heins took the reins at RIM in January, replacing founder Mike Lazaridis and his longtime business partner Jim Balsillie.
RIM shares have halved in value since then, and Heins has hired bankers to consider options that could include a possible breakup or sale.
The stock, which was worth $147 a share at the company's peak in mid-2008, fell almost 2 percent to $7.35 on Tuesday, building on losses from last week, when the company reported a $192 million operating loss and said it would delay the launch of a make-or-break new generation of phones until next year.
In an opinion piece in the Globe and Mail newspaper, Heins said the twice-delayed BlackBerry 10 platform would "empower people as never before" by linking them to parking meters, car computers, credit card machines and ticket counters.
"We do not believe RIM is a company at the end," he wrote. "RIM is a company at the beginning of a transition that we expect will once again change the way people communicate."
The operating loss was RIM's first in eight years and RIM said it would fire 5,000 people, almost a third of its workforce, as it delayed the launch of the BlackBerry 10 devices.
Analysts saw the delay as a devastating setback for RIM, which has fallen behind in a smartphone industry it helped pioneer with the email-focused BlackBerry. Quarterly losses could pile up while RIM rushes to build its new platform.
The once-ubiquitous BlackBerry has stumbled as users seek out the oversized touchscreens and massive libraries of apps on Apple Inc's iPhone and on a slew of devices using Google Inc's Android software, although Heins said RIM's subscriber base was continuing to grow.
"This company is not ignoring the world out there, nor is it in a death spiral," Heins told the CBC.
"Yes, it is very, very challenged at the moment — specifically in the U.S. market. The way I would describe it: we're in the middle of a transition," he said. "I'm positive we will emerge successfully from that transition."
(Reporting by Andrea Hopkins and Alastair Sharp; Editing by Peter Galloway and Janet Guttsman)
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