Top Stories from the last 24 hours

Hi David, These are the top stories from The Next Web over the last 24 hours. Apple's Siri: the 'best smartphone ever' is the Nokia Lumia 900. Wait, what? Charge your phone with your shoe? New Kenyan technology makes it possible. Baidu to rival Android and iOS in China with cloud-centric smartphone platform Foxconn Chairman says company is preparing for Apple's new televisions Amazing Alex: Rovio CEO confirms name of Angry Birds successor Facebook billionaire renounces US citizenship, likely to help dodge massive tax bill The French are coming: Here's what you can expect at LeWeb London Twitter's San Francisco office relocation drives local rent prices up 60% The Next Web P.S. Want to be the first of your friends and followers to spread our breaking news stories? Now you can, with Spread.us.  unsubscribe from this list | update subscription preferences | view email in browser

ABC Renews Tim Allen's 'Last Man Standing'

ABC Renews 'Private Practice,' 'Body of Proof,' 'Apt. 23,' 'Scandal,' 'Last Man Standing'; Cancels 'GCB,' 'Pan Am,' 'River'   follow on Twitter | THR on Facebook | forward to a friend  © 2011 The Hollywood Reporter, All rights reserved. Terms of Use | Privacy Policy   unsubscribe from this list | update newsletter preferences |

Box Office Report: A Still-Super 'Avengers' Easily Eclipses 'Dark Shadows'

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May 11, 2012 Box Office Report: A Still-Super 'Avengers' Easily Eclipses 'Dark Shadows' More news: Top Stories | Movies | TV | Music | Tech | Style | The Business | Awards

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ABC Orders Reba McEntire Comedy to Series

ABC Gives Series Orders to Connie Britton's 'Nashville,' Reba McEntire Comedy, 'Last Resort,' 6 More   follow on Twitter | THR on Facebook | forward to a friend  © 2011 The Hollywood Reporter, All rights reserved. Terms of Use | Privacy Policy   unsubscribe from this list | update newsletter preferences |

ABC Renews 'Private Practice,' 'Body of Proof'

ABC Renews 'Private Practice,' 'Body of Proof,' 'Apt. 23,' 'Scandal'; Cancels 'GCB'   follow on Twitter | THR on Facebook | forward to a friend  © 2011 The Hollywood Reporter, All rights reserved. Terms of Use | Privacy Policy   unsubscribe from this list | update newsletter preferences |

ABC Renews 'Apt. 23'

ABC Renews 'Apt. 23,' 'Scandal' for Second Seasons; Cancels 'GCB'   follow on Twitter | THR on Facebook | forward to a friend  © 2011 The Hollywood Reporter, All rights reserved. Terms of Use | Privacy Policy   unsubscribe from this list | update newsletter preferences |

ABC Cancels 'GCB'

ABC Renews Shonda Rhimes' 'Scandal' for Second Season; Cancels 'GCB'   follow on Twitter | THR on Facebook | forward to a friend  © 2011 The Hollywood Reporter, All rights reserved. Terms of Use | Privacy Policy   unsubscribe from this list | update newsletter preferences |

ABC Orders Shawn Ryan's 'Last Resort' to Series

ABC Gives Series Orders to Shawn Ryan's 'Last Resort,' 'Nashville,' '666 Park,' 5 More   follow on Twitter | THR on Facebook | forward to a friend  © 2011 The Hollywood Reporter, All rights reserved. Terms of Use | Privacy Policy   unsubscribe from this list | update newsletter preferences |

ABC Picks Up Sarah Chalke Comedy to Series

ABC Gives Series Orders to Connie Britton-Starrer 'Nashville,' 'Red Widow,' 'Zero Hour' and 2 Comedies   follow on Twitter | THR on Facebook | forward to a friend  © 2011 The Hollywood Reporter, All rights reserved. Terms of Use | Privacy Policy   unsubscribe from this list | update newsletter preferences |

Cheat Sheet - Is This Obama’s LBJ Moment?

Today: Rebekah Brooks Testifies On Cozy Relationship With No. 10 Downing Street in Latest Leveson Hearing , Dimon: $2B Loss Is 'Egg on Our Face' , Saverin Gives Up Citizenship for IPO May 11, 2012 CIVIL RIGHTS 1. Is This Obama’s LBJ Moment? In an election year nearly 50 years ago, President Johnson took a risky stand on a civil rights—and triumphed. Historian and Johnson biographer Robert Dallek writes on the parallels with Obama’s gay-marriage endorsement, noting how, like LBJ, Obama has taken on one of the country’s most volatile issues during an election year. Whatever happens in the long term, Dallek writes, Obama’s stand may be one for the history books. Read it at The Daily Beast CHUMS 2. Brooks Testifies at Leveson Inquiry Former queen of Fleet Street Rebekah Brooks took the stand in London Friday morning to answer questions about allegations of hacking that occurred at the defunct Murdoch News of the World during her tenure as editor. Among the revelations: that Prime Minister David Cameron sent her text messages ending “LOL” thinking the acronym stood for “lots of love.” Brooks said that she and Cameron occasionally discussed allegations of hacking at the paper between 2009 and 2011. Read it at The Daily Beast Whoops 3. Dimon: $2B Loss Is ‘Egg on Our Face’ Federal securities regulators said Friday they have been investigating JPMorgan Chase’s hedge-fund losses.The announcement followed CEO Jamie Dimon’s admission that $2 billion was lost from “egregious mistakes” on a hedging strategy. JPMorgan Chase, the biggest U.S. bank by assets, estimates the business unit will post a loss of $800 million this quarter, when it previously forecast a profit of $200 million. Dimon said in a hastily arranged conference call to investors that the report “puts egg on our face.” He linked the losses to a trader nicknamed the “London Whale,” who had allegedly amassed a outsized position that hedge funds bet against. Regulators said Friday that they had discussions with JPMorgan Chase the division that allegedly lost the money for a month. Read it at Reuters MORE MONEY 4. Saverin Gives Up Citizenship for IPO Billionaire Facebook cofounder Eduardo Saverin has given up his U.S. citizenship in advance of the social network’s planned initial public offering, a move that could save him on taxes. The Brazilian-born Saverin now lives in Singapore, and stands to profit handsomely from Facebook’s IPO. In other news, Facebook’s nearly $100 billion initial public offering has come under review by the Federal Trade Commission, the Financial Times reported Thursday. Neither Facebook nor the FTC would comment yesterday on the alleged investigation by regulators into the social network’s acquisition of Instagram. An FTC investigation of the deal would be routine considering the massive size of Facebook’s planned IPO, but a probe could toss a monkey wrench in plans to go public next week. Read it at Bloomberg STRIKE THREE 5. Third Man Makes Travolta Sex Claim Chilean cruise worker Fabian Zanzi came forward on Friday with claims of sexual misconduct against actor John Travolta. Zanzi alleges that Travolta made unwanted advances toward him on a Royal Caribbean cruise in 2009, and that the actor took off his bathrobe in his presence. “When he got close to me, he took off his white robe and was naked,” Zanzi told Chilean reporters. Travolta also offered him $12,000 for sex, Zanzi said, an offer the cruise worker said he turned down. Travolta’s lawyer Marty Singer rebutted the claim, calling it “ridiculous.” Read it at E! Online American Woman Bachmann Drops Swiss Citizenship Gained it after marrying Marcus. TRAGEDY Three More Arrested in Bain Kidnapping After main suspect kills self, girls found alive. Gay Marriage Bristol Palin Not Happy With Obama Thinks “Glee” is a bad influence. SPOOF No One Safe at Dictator Premiere Baron Cohen targets Murdoch, Merkel. HOORAY! 30 Rock Lands Final Season NBC renews Parenthood as well. GET The Cheat Sheet A speedy, smart summary of news and must-reads from across the Web. You’ll love the featured original stories on politics, entertainment, and more from The Daily Beast’s diverse group of contributors. GET The Yes List Weekly cultural recommendations from The Daily Beast. Fox Movie-Exec Mystery by Maria Elena Fernandez , Christine Pelisek The Constitution Question by John Avlon Why Did SuperJet Crash? by Elyse Moody

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