Why Zuckerberg should like the Facebook movie

Why Zuckerberg should like the Facebook movie “The Social Network,” the movie dramatization of the founding of Facebook, comes to U.S. theaters on Friday. Facebook CEO Mark Zuckerberg reportedly opposed the making of the film, which charts his rise to become the world’s youngest self-made billionaire. Zuckerberg need not worry. “The Social Network” ultimately paints […]

Share

$5M Ibrahim Prize for African Leadership: No 2009 Winner

When Sudanese-born billionaire Mo Ibrahim announced an annual $5 million prize to reward Africa’s best leaders, he warned that there would be years when “we wouldn’t award the prize.” Just three years on, and despite considering “some credible candidates,” the prize committee said on Monday that no prize would be awarded in 2009. In announcing the decision, committee member and former Botswana President Ketumile Masire said the panel “noted the progress made with governance in some African countries, while noticing with concern recent setbacks in other countries.” The non-award is, of course, a powerful indictment of Africa’s still patchy governance and the continent’s most recently retired leaders

Share

Sri Lanka claims billionaire trader funded terrorists

Raj Rajaratnam, the New York-based billionaire and hedge fund manager charged in an alleged insider trading scheme on Friday, was funding the Liberation Tigers of Tamil Eelam, which is considered a terrorist group by the US, the Sri Lankan government claimed on Sunday. Brigadier Udaya Nanayakkara, spokesman for the Sri Lankan defence ministry, told the Financial Times that the government had been monitoring Mr Rajaratnam for several years.

Share

Jews dismiss F1 boss’s apology for praising Hitler

Jewish groups on Wednesday rejected as inadequate an apology by Formula One chief Bernie Ecclestone for remarks in which he praised German Nazi leader Adolf Hitler. During an interview with The Times newspaper last week the billionaire spoke of the Nazi dictator’s ability to “get things done.” But after a storm of criticism, Ecclestone issued a statement on Tuesday in which he said: “I unreservedly apologize for the remarks I made regarding Hitler in a recent interview.

Share