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Kellogg’s Backs Up Own Label with Top Secret Special K Recipe

kellogg'sKellogg’s mimics Coca-Cola’s book by creating a top secret new recipe for its Special K, as the cereal manufacturer fights back against the rise of supermarket own-brand cereals.

Kellogg’s will disclose the new recipe to some trusted employees, who’ll be required to keep it secret. They could be hit with a heavy financial penalty if they violate this agreement.

This move by Kellogg’s aims to stop its rivals from piggy backing on the success of the Special K brand. It marks the first time that the cereal giant has changed the recipe of Special K in 30 years. The move copies those of Coca-Cola, which has long protected the recipe of its soft drink.

Ruth Gresty, Special K brand manager, said in a statement that there are many imitation versions of Special K on the market but their new recipe will stand out from the crowd as a premium product.

Angelina Jolie Says She Underwent Double Mastectomy

In a statement that sent waves across Hollywood and the world, Angelina Jolie admits she has undergone a preventive double mastectomy after doctors told her she had an 87% risk of breast cancer and a 50% risk of ovarian cancer.

In a New York Times article on the opinions section, the 37-year-old actress, director, and screenwriter says her decision was informed by her mother Marcheline Bertrand’s long battle against cancer. Bertrand died in 2007 at age 56.

In coming out with her story, Jolie hopes other women find encouragement from her story.

“I choose not to keep my story private because there are many women who do not know that they might be living under the shadow of cancer,” says Jolie in the NYT article. “It is my hope that they, too, will be able to get gene tested, and that if they have a high risk they, too, will know that they have strong options.”

The Oscar-winning actress says she carries the BRCA1 that increases the risk of breast and ovarian cancer. Studies have it that women with the BRCA1 gene have an average of a 65% lifetime risk for breast cancer, along with a heightened risk of the cancer at an early age.

Texas Classrooms May Have Cameras In The Future

A bill that would require cameras in Texas classrooms was passed in the Senate and is currently being discussed by the state’s House Public Education Committee.

The bill is intended to protect students from abuse, and also protect teachers from false allegations. The bill comes after the recent abuse cases involving special needs of students.

Texas would be the first state in the country to have such a law if the bill will be passed in the Houses.

News Channel 10 reports that dozens of parents whose kids are alleged victims of abuse are supporting the bill.

While there are some concerns about the cost of cameras, for which school districts would pay, there is no opposition to the bill.

Change.org has a petition supporting the bill, which currently has 1,052 supporters.

Nike Releases Insane Shoes

Days after the NBA named LeBron James as the league’s Most Valuable Player for two consecutive years, Nike has released its insane “LEBRON X MVP” shoes, which is a special edition footwear made for the Miami Heat forward and only available in limited stocks in North America and China, according to Nike’s website.

In winning the MVP award, James joins the likes of Bill Russel, Wilt Chamberlain, Michael Jordan, and Kareem Abdul-Jabar as one of the few players ever to win the award at least four times, USA Today reports.

Nike argues that the shoes are designed to “weave the story of James’ incredible journey over the past year,” which, judging by the design, shows to have been all over the place.

Know more about the shoes here.

Lindsay Lohan On Drugs And Rehab

Lindsay Lohan opened up to Piers Morgan in an interview in New York days before she entered court-mandated rehab. The actress told the CNN host things about her sexuality and drug use. Lindsay even revealed how many times she used cocaine.

The singer-actress said that contrary to what many people believe she only did cocaine maybe four or five times in her life. She also said that it made her feel “too buzzed and uncomfortable”. For this, she got caught twice.

Lindsay checked into the Betty Ford Center on Friday as part of a plea deal stemming from a car accident case. She said she’s “never” taken heroin or LSD, or “injected” herself with a substance, yet has used marijuana and ecstasy. The actress also admitted that she liked the latter better than the others.

“I didn’t drink on it, so I was just chilling. It’s something that a lot of people experience when they’re in college,” says Lindsay. “I just should have known that being in the public eye, someone was bound to say something or try to make some money off it.”

Find out more, like why Lindsay says she’s bad with timing, in this Yahoo! OMG! News Story.

LG Announces First Curved OLED TVs To Go On Sale

LG Electronics will start selling curved OLED televisions next month in South Korea, making it the first to offer such a device to the public.

This new type of television screen is thinner and more flexible than before because of the organic light-emitting diodes.

The 55in TV will cost 15M won ($13,550) and it’s going to be available only in South Korea for now.

Both LG Electronics and competitor Samsung Electronics presented curved OLED TV prototypes at the Consumer Electronics Event in Las Vegas in January, but did not announce launch dates at that time.

The two companies are part of the larger companies that have separate divisions making their own TV display panels. Many of their rivals buy materials from third parties, making it difficult for them to claim such an exclusive.

Know more about the release of the first OLED TV here.

Tourism In Mexico On A Rise

Hotel occupancy for the first quarter of 2013 in Cancun, Mexico shows that tourism there is stronger than it’s been in years. 79 percent of the hotel rooms in Cancun were occupied during the winter and early spring break period. THe occupancy rate for 2013 was 8.6 percent higher than the first quarter of 2012, and stronger than any January-March period going back to 2007.

This suggests that Cancun remains a popular tourist destination, despite headlines about violence elsewhere in Mexico. Average nightly rates were $159.80 for the first quarter, also 8.8 percent higher than a year ago. Meanwhile, the Acapulco-Morelia area shows a 53 percent occupancy rate for the first quarter of 2013, up from last year’s 43 percent occupancy rate. This data suggests that tourism is on an upward swing.

Will tourism in Mexico continue to flourish come the second quarter of 2013? Find out more from The Huffington Post.

Heavy Machinery Company Caterpillar Optimistic Despite Fall

The Caterpillar Inc. is moderating on the first quarter of 2013. It now cuts inventory by $700 M, which is significantly lower than the build of $875 M in the last quarter of 2012. Growth concerns are extending in the U.S. and China, yet they remain optimistic of global sales.

The company was previously at $7-$9 per share on the revenue of $60-$68 B. In 2013, shares have dropped down for more than 10% with the current market up of nearly double-digits. This caused Caterpillar to settle for $7.00 per share on a revenue of $57-$61 B. Such fall along with the positive cash flow indicates an increase in the company’s repurchases. They are currently preparing for a stock repurchase, expecting up to $1 B in buybacks in the second quarter.

Will Caterpillar get back on its feet within the year? Read more from Forbes’ market writer, Steve Schaefer.

Hacker: Phone App Could Hijack Planes

German security analyst Hugo Teso said Wednesday that he has developed software that could steal control of airplanes.

Teso, who is also a licensed pilot, said he spent three years developing SIMON, a framework of malicious code that could be used to attack and exploit airline security software. He also developed PlaneSploit, the Android app that could run SIMON.

With the use of a flight simulator, Teso showed off the ability to change the speed, altitude and direction of a virtual airplane by sending radio signals to its flight-management system.

Speaking at the Hack in the Box Security Summit in Amsterdam, Netherlands, Teso told the crowd that the tools could also be used to do things like change what is on a pilot’s display screen or to turn off the lights in the cockpit.

Read more of this article at CNN.

US Museum receives $1B Donation

The US Museum has received a $1 billion donation worth of Cubist art or 78 works, which is considered one of the foremost collections of Cubism in the world, from cosmetics executive Leonard Lauder.

The cubist collections for over 37 years include pieces from Pablo Picasso, Georges Braque, Juan Gris, and Fernand Leger.

Thomas Campbell, the museum director, said the donation was “truly transformational.”

In a statement, Lauder said the donation was for “the people who live and work in New York and those from around the world who come to visit our great arts institutions.”

The collections include 33 works by Picasso, 17 by Braque, and 14 works by Gris and Leger. These collections are thought to be worth around 13% of Lauder’s personal fortune.

Read the rest of the news about Lauder’s donation here.