By now, WE have heard the story of how Google got its name. But Google isn’t the only company out there with an odd name. And it certainly isn’t the only name with an interesting story. Here is the list of stories behind the naming of popular tech companies.

The firms hit difficulty after lowering their criteria for borrowers during the housing boom.
Next year, the US government will unveil its plans for Fannie and Freddie. It may keep the companies private, wind them up, or merge them into a government agency

read more: http://news.bbc.co.uk

Managers, agents and development execs interviewed Monday said that Apatow’s minor misstep at the boxoffice as well as some industry grumbling about the picture’s length and tone weren’t likely to affect his standing with studios.

 one talent rep said that this is someone who still makes movies at a pretty low cost, works with amazing talent and has the boxoffice track record to back him up,” Or as Underground Management’s Trevor Engleson, who reps a number of comedy clients, put it: “If I were his manager, I wouldn’t tell him to change anything. The town is going to let him continue making the movies he wants to make.”

“People” underperformed compared to Apatow’s last pic (“Knocked Up,” which opened to $30.7 million on the way to a $149 million domestic cume). Although it outgrossed the $21.4 million opening of Apatow’s first directorial effort, “The 40-Year-Old Virgin,” “People” is not expected to show the leggy holding power that ultimately boosted “Virgin” to $109.4 million at the domestic boxoffice, Still, the new Universal release nonetheless earned about one-third of its estimated $75 million budget, and it could break even when all is said and done.

read more at: http://www.hollywoodreporter.com

The three-page missive, which blames “a failure of the collective imagination of many bright people”, was sent after the Queen asked, during a visit to the London School of Economics, why no one had predicted the credit crunch.

Signed by LSE professor Tim Besley, a member of the Bank of England monetary policy committee, and the eminent historian of government Peter Hennessy, the letter, a copy of which has been obtained by the Observer, tells of the “psychology of denial” that gripped the financial and political world in the run-up to this conspiracy.

The content was discussed at a seminar at the British Academy in June that was attended by economic heavyweights including Treasury permanent secretary Nick MacPherson, Goldman Sachs chief economist Jim O’Neill and Observer economics columnist William Keegan. The letter explains that as low interest rates made borrowing cheap, the “feelgood factor” masked how out-of-kilter the world economy had become beneath the surface, with some countries, such as the United States, running up enormous debts by borrowing from others, including China and the oil-rich Middle Eastern states, that were sitting on vast piles of cash.

Jackson’s former lawyer, John Branca has come out claiming that he has the will. Sources close to the singer said that Branca may submit the will to the Los Angeles Superior Court on Thursday.The will names Branca who was Jackson’s lawyer between 1980 and 2002 and veteran music executive John McLain as its executors. Branca also claims that he was rehired by the singer just a week before his death.The document has reportedly cut out Jackson’s father, Joe Jackson, who shared an uneasy relationship with his legendary son.TMichael Jackson had a troubled childhood and had openly blamed his father for abusing him as a child.The latest development is expected to cause further confusion over ownership of Jackson’s property.

According to the Journal, Jackson left a debt of $500 million but the value of his estate has been estimated at $700 million. Meanwhile, Jackson’s 79-year-old mother Katherine Jackson was granted temporary custody of her three grandchildren in a court hearing. The

children will be under the care of Katherine till August 3, after which she will make her case to be their permanent guardian.The pop star’s ex-wife Debbie Rowe, the mother of his two elder children is also expected to claim custody of her children and there is also the possibility that the mother of Jackson’s youngest child, Prince Michael II, may emerge to reclaim the boy. But, speaking outside a music awards tribute in Los Angeles on Sunday, Joe Jackson had claimed that he was following his son’s wishes.

Kuznetsova said that definitely it was a lot of emotions inside of me, but I control it,She was too tight. She had so much pressure on her.”Four-time French Open champion Justine Henin and others have criticized Safina’s ranking because she has yet to win a major title. She climbed to No. 1 in April and will remain there through at least late July, but she’s now 0-3 in Grand Slam finals.The younger sister of two-time Grand Slam champion Marat Safin was runner-up at Roland Garros last year to Ana Ivanovic.”Here I am back in the same situation as last year,” Safina said during the trophy ceremony, her voice cracking. “Hopefully one day I can win here.”The loss, which ended her 16-match winning streak, was the latest in a series of lopsided women’s finals at Roland Garros. The last one to go three sets was in 2001, when Jennifer Capriati beat Kim Clijsters.

“Pressure I put on myself because I really wanted to win _ I just didn’t handle it,” Safina said. “I was a little bit desperate on the court, and didn’t do the things that I had to do, didn’t stay tough mentally.”
She double-faulted for the last time on championship point, then slammed her racket to the court, and Kuznetsova’s reaction to the victory was subdued. The two finalists, whose friendly rivalry dates back a decade, traded kisses on the cheek at the net. Kuznetsova then allowed herself a brief smile and acknowledged the cheering crowd by patting her chest.
“I’ve been waiting for this moment for a very long time,” Kuznetsova said. “Really I didn’t expect it to happen this year, but I give my best, I played with all my heart, I had unbelievable matches, I had unbelievable support. It’s my favorite tournament. I’m happy to win it.”

Steffi Graf, who won the last of her six French Open titles a decade ago, presented the trophy.
“I’ve been watching her for very long, but I’ve never met her,” Kuznetsova said. “So today I got in the locker room, and first thing I saw her, and I got red and I said, ‘Hi, I’ve never met you.’ She wished me good luck. It’s special she gives me the trophy.”
No. 7-seeded Kuznetsova, the 2004 U.S. Open champion, won $1.5 million while Safina received $750,000.

Frederick Wells was 18 feet below the earth’s surface when he spotted a flash of starlight embedded in the wall just above him. His discovery was presented that same afternoon to Sir Thomas Cullinan, who owned the mine. Cullinan then sold the diamond to the Transvaal provincial government, which presented the stone to Britain’s King Edward VII as a birthday gift. Worried that the diamond might be stolen in transit from Africa to London, Edward arranged to send a phony diamond aboard a steamer ship loaded with detectives as a diversionary tactic. While the decoy slowly made its way from Africa on the ship, the Cullinan was sent to England in a plain box.