2016 Olympics’ official logo will be unveiled at the traditional New Year celebration of the Brazilian city. Just moments before the fireworks go off at Copacabana beach on Friday 31st midnight, the logo will be displayed by being projected on a large screen on the sand. International Olympic Committee’s members and local officials will be present on the occasion in addition to the millions of tourists and Rio residents.
In 2009, Rio was selected as the host for the 2016 Olympics. Rio defeated cities like Tokyo, Madrid and Chicago to ensure …

After Israel, Egypt is the second biggest recipient of the United States military aid. However the aid may experience a decline in near future as many of the US diplomats blame the Arab nation for not being able to modernize their battling strategy to deal with the new threats emerging to their country. The recent memo released by WikiLeaks divulges this previously unknown friction between US and Egypt.
This recent memo has surprised many because the military co-operation between these two countries has never really been harmed by any possible factor. …

DirecTV satellite and Hearst Corp. has finally reached a new deal and hence subscribers of DirecTV satellite all over the US will continue to receive network TV stations from Hearst Corp. The original deal was scheduled to finish on 31st December, 2010. Currently, Hearst has 29 of the local TV stations which include almost all of the major networks, only Fox being an exception.
The main argument was regarding the fees that DirecTV has to pay to the broadcasting company. Apart from their revenues that come from selling the commercial time, …

When it comes to a short term loan like the payday loans, the benefit for the lenders depends on the interest rate. Generally, people don’t take huge amounts as payday loans and hence if the interest rate is not high, then it does not turn out to be a realistically profitable endeavor for the payday loan lenders. When it comes to US, the interests are being capped in many states recently, Montana joining the list as 16th now. From 1st of January, 2011, it will become a law in Montana …

Nintendo DS is undoubtedly the most successful handheld gaming device in the history of the industry with more than 128 million units of the same being sold since it launched in the year 2004. However, the sales suffered a blow in 2008, as the no of units sold dropped to 27 million that year. Nintendo officials then thought of coming up with something new and hence the idea of Nintendo 3DS came to their minds.
Nintendo is definitely banking quite much on this new console to keep themselves on the top, …

Conrad Murray, the personal doctor of Michael Jackson was charged with involuntary manslaughter after the King of Pop breathed his last. Murray prescribed high dosage of powerful anesthetic propofol which can be harmful to human health if taken more than a certain extent. Murray however has always declined such charges and claimed that he was innocent.
Now, on 4th January, the evidences against Murray will be discussed in a court session. It is being reported that Murray’s lawyers will be claiming that Jackson killed himself to deal with the charges being …

Daegu, a South Korean city has shown the way to reform the overall teaching system that is in use over the world currently. Instead of humans, 30 robots are being used here to teach the youngsters English. This is however a pilot project for the time being and its long term implementation will depend on the success of this project.
KIST or Korea Institute of Science of Technology has developed 30 robots for this project which are around 3.5 feet in height. They have a TV display panel and are controlled …

Robbie McEwen, the Australian sprinter will be debuting for Team Radioshack, his new team next month on the Australia’s Tour Down Under. The news was announced by the organizers of the tournament. McEwen, currently 38 years of age has won 12 stages at both Giro d’Italia and Tour de France. He will join the ace American champion Lance Armstrong and Robbie Hunter of South Africa in his new team.
Mike Turtur, the director of the race said that McEwen has won 12 stages in this race and hence holds the record …

Popular Hollywood actress Reese Witherspoon is engaged and is planning to get married soon. The lucky guy is Jim Toth who works as a Hollywood agent. The news was confirmed by Witherspoon’s representative. According to the representative, the couple will wed very soon and both of them are extremely happy with this decision being taken.
Witherspoon previously was married to another renowned Hollywood actor Ryan Phillippe. However, the couple divorced in 2008. They have two children together. Incidentally, 34 year old Witherspoon has already won an Oscar for her stellar performance …

If you are a fan of Pokémon games and have a Nintendo DS, then there is good news for you. This March, two new games of Pokémon series will be released and those are titled as “Pokémon Black Version” and “Pokémon White Version.” Players will have more than 150 new characters that can be trained and then used in the battles.
According to Nintendo officials, these couple of new Pokémon games are a generation forward from the previous games of the series and not only the ardent fans, but new players …