Newark mayor to headline Broward Democrats’ fundraiser




















Rising Democratic star and Newark, N.J. Mayor Cory Booker will be the keynote speaker at the Broward Democrats’ annual fundraiser March 23.

“He is clearly part of next generation of Democratic leaders,” local party chairman Mitch Ceasar said.

Booker, an African-American Rhodes scholar and Yale University law grad, became mayor at age 37 in 2006. He turned down a job offer from President Barack Obama after his first win. In 2012, Booker spoke at the Democratic National Convention and recently confirmed he is exploring running for U.S. Senate.





The Unity Dinner is the main fundraiser for Broward Democrats, who are preparing for the 2014 elections — most notably, a challenge to Gov. Rick Scott.





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Microsoft taps Krikorian to help run its Xbox business






SAN FRANCISCO (Reuters) – Microsoft Corp said on Thursday it hired technology entrepreneur Blake Krikorian to help run its Interactive Entertainment Business as the world’s largest software company plans bigger things for its Xbox gaming console.


Krikorian will be corporate vice president for the Interactive Entertainment Business, reporting to Marc Whitten, chief product officer for the division, Microsoft added.






The appointment follows Microsoft’s recent acquisition of Krikorian’s company, id8 Group R2 Studios, which had developed an application that allows users to control home heating and lighting systems from smartphones.


Microsoft is trying to transform Xbox from a gaming device into a broader service that controls most aspects of home entertainment, including music, movies, TV and sports.


“We look forward to his contribution to our team as Xbox continues to evolve and transform the games and entertainment landscape,” Whitten said in a statement.


Krikorian’s Sling Media – which was sold to EchoStar Communications in 2007 – made the Slingbox device for watching TV over the Internet.


Krikorian resigned from Amazon.com Inc’s board in late December after about a year and a half as a director at the company, the Internet’s largest retailer.


(Reporting By Alistair Barr; Editing by Tim Dobbyn)


Gaming News Headlines – Yahoo! News





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Olivia Wilde and Jason Sudeikis Engaged

Olivia Wilde, 28, and Saturday Night Live star Jason Sudeikis, 38, are engaged, ET can confirm.

The pair, who went public in December of 2011, moved in together last year and have been seemingly inseparable since.

Related: Olivia Wilde Divorces Italian Royal

According to People, Sudeikis proposed to the Tron: Legacy star shortly after the holidays.

"They are so excited," says a source. "And very, very happy."

No word yet on a wedding date.

Video: Olivia Wilde Steams Up the Screen

This will be the second wedding for Wilde, whose divorce to Italian royal Tao Ruspoli was finalized in late September of 2011.

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NBC backs gun show








Nbc Sports, the home to gun-control advocate Bob Costas, is sticking with its commitment to be a sponsor of the National Shooting Sports Foundation 2013 SHOT Show, which is the largest US gun trade show, this week.

The NSSF is headquartered in Newtown, Conn., where a gunman killed 20 children and six adults in an elementary school on Dec. 14 with a semiautomatic rifle.











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Miami Beach builder Robert Turchin looks back — and ahead




















If former Miami Beach vice mayor Robert Turchin had been a Miami decision maker during the recent vote that decided the fate of The Miami Herald building, he would probably have voted with the ‘nays’ allowing its demolition.

“There’s nothing special about it,” says the 90-year-old Turchin as he cruises Collins Avenue between 63rd and 48th streets, a strip dense with buildings from the same period as the Herald’s — specimens of post-war Miami Modern (MiMo) architecture that he constructed.

It is no exaggeration to say that Turchin built much of post-war Miami Beach, collaborating with Melvin Grossman, Morris Lapidus and other MiMo period architects. From 1945 to 1985, his firm was the busiest in the building trade. Royal York, Montmartre, Moulin Rouge, King Cole, Charter Club, Four Ambassadors — the list goes on, numbering upward of 100 buildings.





“I grew up when Miami Beach was a small town. It was 1945, and the hotels would close during the summer for renovations because they had no air conditioning. I couldn’t wait for summers, when I would return from school and work on the construction sites,” Turchin says.

In an era when hotel signs sometimes read “No Jews or dogs,” Turchin’s father was a successful builder who hoped his son would be a diplomat. It was not to be. After serving in World War II, for which he recently received a French Legion of Honor medal, he started his first project. Like subsequent ones, it broke the mold.

“The GI Bill made housing affordable for veterans, but it was single-family housing. I wanted to build a four-family unit under the bill,” Turchin says. It was an unprecedented proposal that went from city to state to federal agencies before it was approved. The multi-unit buildings launched the concept of condominiums.

As did other builders, he began to experiment with air conditioning. “Once we were able to air condition them, the hotels stayed open year-round. The beach boomed then,” he says.

Buildings came down to make way for new ones. Turchin’s Morton Towers went up where Carl Fisher’s circa 1920 Flamingo Hotel stood on 15 acres. “The land had become more valuable than the building,” he explains.

Turchin became known as “the builder’s builder” for riding to the top floor of construction sites on the hook of a crane, and walking the beams to inspect the work. His view of the built landscape was daring, pragmatic, and often at odds with those of preservationists like Nancy Liebman, a Miami Beach city commissioner from 1993 to 2001 who served with Turchin on the city’s first historic preservation board.

“A lot of the beautiful mansions on the bay and beach were lost to that kind of development,” laments Liebman. “It was the typical mentality of throw it away and build something new.”

But Turchin was building for the next generation. To him, the Art Deco buildings of his father’s generation — Edgewater Beach, the Sands and the Sea Isle where he honeymooned with his wife — were old school.

“They made no sense. They were all building with a few trees in front. They weren’t called Deco back then. Curlicues on concrete is how we thought of them,” he says.





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Jurors hear secret tape recording in Miami police corruption trial as feds rest their case




















As rain began to fall on a June evening, Miami Police Sgt. Raul Iglesias told an undercover detective in his drug-fighting squad to turn off his cell phone and take out the battery as both officers stood outside the boss’s home.

Iglesias, already relieved of duty on suspicions of being a dirty cop, feared Roberto Asanza’s phone could be recording him. And his instincts were right, because Asanza was wired — though not through his phone.

“No one has done anything illegal or broke the law,” Iglesias told Asanza in the recorded conversation, played for jurors Friday at the sergeant’s corruption trial in Miami federal court. “... If they got, they got [it], but I [have] never seen anyone in my unit do anything wrong.”





Later in their chat, Asanza — who was cooperating with authorities and trying to bait his boss into incriminating statements — expressed fears about lying on the witness stand if he was asked to testify. Iglesias agreed that committing perjury would be a bad idea.

“Yeah, of course, you don’t wanna, you don’t wanna f---ing lie,’’ Iglesias responded.

The secret tape recording from June 2010 was the last piece of evidence that prosecutors presented before resting their corruption case Friday against Iglesias, 40, who has been on the force for 18 years.

Iglesias, an ex-Marine and Iraq War veteran who was shot in the leg during a 2004 drug bust, is standing trial on charges of planting cocaine on a suspect, stealing drugs and money from dope dealers, and lying to investigators about a box of money left in an abandoned car as part of an FBI sting.

Asanza, 33, also an ex-Marine, pleaded guilty last year to a misdemeanor charge of possessing cocaine and marijuana. The deal helped him avoid a felony conviction; in exchange, he testified Thursday that Iglesias told him it was “okay” to pay off confidential informants with drugs.

The secret tape recording could cut both ways for jurors. On it, Iglesias did not say anything to Asanza to implicate himself in connection with charges in the nine-count indictment, his defense attorney, Rick Diaz, pointed out Friday. The charges encompass the police sergeant’s brief stint as head of the Crime Supression Unit from January to May 2010.

Miami Internal Affairs Sgt. Ron Luquis, a government witness, agreed with Diaz’s general assessment during his testimony Friday, though the witness also sided with many of prosecutor Ricardo Del Toro’s critical views of the same evidence.

Asanza, despite agreeing to cooperate, discreetly gave his supervisor a heads-up that he was facing a potential criminal investigation when they met for the recorded conversation, according to sources familiar with probe.

The recording was made two months after other members of Iglesias’ Crime Suppression Unit wrote an anonymous letter to internal affairs, alleging that he was “stealing drugs and money” from dealers “2-3 times per 4-day work week.” Five CSU members, including Asanza, testified against Iglesias over the past week.

Asanza’s recording of Iglesias was less intelligible when both went inside the police sergeant’s home. Asanza’s wire picked up the sound of a barking dog, a blaring TV and the rustling of paper. Investigators believe Iglesias wrote down information on sheets of paper and later burned them, but that evidence was not presented to jurors.





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A sense of dread shrouds Nintendo’s Wii U






The latest Wii U sales numbers are out from Japan, the United States and the United Kingdom — and unease is deepening. In Japan, Famitsu Magazine reported Wii U weekly sales slipping to 70,000 units from 76,000 units during the important period ending in January 6. This is the week many Japanese teenagers spend their New Year’s money and sales of consoles tend to bounce. During the week, the portable 3DS sold 305,000 units, up sharply from the already impressive 266,000 units in the previous week. The seven-year-old Sony (SNE) PlayStation 3 managed to increase its sales to 64,000 units from 54,000 units. The equally ancient PSP climbed to 53,000 from 34,000. Even the star-crossed PS Vita managed to vault to 31,000 from 18,000.


[More from BGR: LG reportedly halts Nexus 4 production to make way for new Nexus device]






As Wii U sales are mired close to PlayStation 3 levels in Japan, it is getting hammered by the aging Microsoft (MSFT) Xbox 360 in America. NPD just reported that Xbox 360 moved 1.4 million units in December while Wii U limped through the holiday season with 460,000 units. This is below the 600,000 unit level that the earlier Wii console managed years ago against a much younger console competition in 2006. Back then, Wii launched head-to-head with Sony’s PlayStation 3 in the US market, and the Xbox 360 had been launched just one year earlier.


[More from BGR: BlackBerry Z10 shown off in leaked marketing materials]


In 2012, Wii U debuted against two rival home consoles that were more than half a decade old. The results are not pretty. Meanwhile in the U.K., the Wii U shifted 40,000 units during its launch weekend, but none of the titles cracked the top 10 of the GfK game software chart.


It is clear that the lack of compelling software is hurting Wii U right now. Nintendo (NTDOY) wanted to push it out well before the buzz around the next generations of Sony and Microsoft consoles started building. The problem with the rush is that Wii U is now facing several fallow months before big titles arrive. The January-April sales period could be spectacularly ugly and may cause real damage to Nintendo’s home console reputation if it leads to U.S. sales dipping below 300,000 a month and Japanese sales dipping below 30,000 a month. The danger here is that if consumers start suspecting that the Wii U is a lame duck, they may choose to wait for one of the big rival vendors to roll out some spectacular hardware next winter.


All in all, it’s hard to avoid the notion that the console gaming universe is shrinking. In the U.S., game software sales contracted by a disastrous 26% in December. PS Vita is in dire straits and may leave Nintendo’s 3DS as the only viable portable console in 2014. Wii U is wobbling badly, possibly leading to a 2014 scenario when only Sony and Microsoft are left standing in the home console battle. U.S. consumers are still wild about huge, violent console epics like Call of Duty, Assassin’s Creed and Halo. Those are titles that define PlayStation and Xbox. The casual gaming that defines Wii U is under siege by the smartphone/tablet gaming frenzy that shows no sign of abating.


This article was originally published on BGR.com


Gaming News Headlines – Yahoo! News





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Britney Spears Split with Jason Trawick

After more than three years together, Britney Spears and her fiance Jason Trawick have split, her rep confirmed to People.


RELATED - Britney "Working Hard" on New Music

"Jason and I have decided to call off our engagement," Spears says in the statement. "I'll always adore him and we will remain great friends." Trawick adds, "As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever."

Spears, who got engaged to Trawick on his 40th birthday in December of 2011, previously said of her now-ex, "We're really normal. We just like to watch movies. We work out a lot. We love to work out. We do stuff together like that. We take walks."


VIDEO - More Shocking Celebrity Splits

Today has been a big day for sad Spears news as it was previously announced she wouldn't be returning for another season of The X Factor.

"I've made the very difficult decision not to return for another season," Spears told ETonline in a statement. "I had an incredible time doing the show and I love the other judges and I am so proud of my teens but it's time for me to get back in the studio."

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ResCap creditor hope









Uncle Sam may make an additional payout to the unsecured creditors of bankrupt mortgage lender ResCap in order to fast-track the sale of its stake in Ally Bank, The Post has learned.

The size of the payout will be determined by an independent mediator, which was appointed recently by the bankruptcy judge overseeing the liquidation of Ally’s bankrupt ResCap unit.

The mediator was appointed at the request of Ally specifically to oversee the added payout, sources said.

The first meetings between Treasury-owned Ally, the ResCap unsecured creditors and the mediator took place this month, sources close to the situation said.




A group of hedge funds has been pushing Ally to quadruple its contribution to the ResCap reorganization from the $750 million now on the table to $3 billion. Treasury owns 74 percent of Ally, and some creditors believe Ally can pay them much more without impacting regulatory capital.

The bank (formerly known as GMAC) will likely put in more equity, sources said. ResCap has already sold its mortgage servicing business and mortgage portfolio.

Every additional dollar contributed by Ally to the ResCap reorganization is a dollar less in value taxpayer-owned Ally has to pay back Treasury. After a $200 million dividend payment this week, Ally — the black sheep of the auto-related bailouts — still owes taxpayers $11.3 billion of the $17.2 billion it took.

Ally, worth more than $10 billion, will sell itself or go public once it completes the restructuring. Washington is looking to fast-track its exit from Ally as credit markets are booming, making Ally more valuable, a source said.

An Ally spokesperson declined comment.

jkosman@nypost.com










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What the week’s big mortgage moves mean for consumers




















This week brought three big developments to the nation’s beleaguered mortgage landscape. For consumers, the complex moves have been mostly mystifying, but experts say they all aim at turning the page.

“There is a strong desire to put behind us all this period of time — the aftermath of the darkest period in American finance. All these things [announced this week] are intended to do that,” said John Taylor, president and CEO of the National Community Reinvestment Coalition, a Washington, D.C.-based consumer advocacy group. “There are good and bad things in it for consumers.’’

A new rule issued Thursday by the Consumer Financial Protection Bureau aims to prevent lenders from making the sort of toxic mortgages that forced many unsuspecting borrowers into ruin. Yet the new “qualified mortgage” rule, according to some lenders, also could perpetuate the nation’s tight credit problem and keep many would-be homebuyers on the sidelines.





Meanwhile, two settlements unveiled Monday with big banks should resolve some lingering issues from the mortgage meltdown that have kept banks focused on past errors instead of getting back to the business of lending.

Here is a quick primer on the week’s developments and some likely implications for consumers.

OCC Settlement

The Office of the Comptroller of the Currency, which regulates nationally chartered banks, Monday unveiled an $8.5 billion settlement with 10 giant banks that service mortgages.

As part of the controversial settlement, the OCC is scrapping its Independent Foreclosure Review, which was aimed at identifying victims of robo-signing and other improper foreclosure tactics by banks, but soon proved to be a badly flawed effort.

Instead, under the OCC’s new approach — which will be spelled out in enforcement actions in a couple of weeks — more than 3.8 million borrowers who faced foreclosure between Jan. 1, 2009 and Dec. 31, 2010 stand to get some payment regardless of whether they actually suffered any harm.

The mortgage servicing banks covered are Bank of America, Wells Fargo, Citibank, JPMorgan Chase, SunTrust, PNC, Sovereign, U.S. Bank, MetLife Bank and Aurora.

The agreement provides for $3.3 billion to go directly to borrowers. Another $5.2 billion is earmarked for loan modifications and the forgiveness of deficiency judgments.

The OCC said the amount that eligible borrowers get will range from a few hundred dollars up to $125,000, depending on the type of error that possibly occurred in their mortgage servicing.

“If a borrower went through foreclosure with one of those 10 lenders, they should receive a couple hundred bucks, whether they deserve it or not,” said Guy Cecala, publisher and CEO of Inside Mortgage Finance Publications in Bethesda, Md., which tracks news and statistics in the residential mortgage industry. “The odds of getting $125,000 is the odds of winning the lottery. It would have to be a false foreclosure or where they were thrown out of their house illegally.”

The OCC will look to 13 broad categories of errors outlined in the Independent Foreclosure Review launched in April 2011.

Those include a litany of bumblings and misdeeds by the mortgage servicers, ranging from foreclosing on a homeowner who was following the rules during a trial period of a loan modification, to failing to offer a loan modification as mandated under a government program, to failing to follow up with a borrower to obtain needed documents under a government program.





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