First Take: Nokia hit hardest in Microsoft layoffs

Even by Silicon Valley's outsized standards, this week has been head-spinning. Longtime frenemies Apple and IBM announce a business partnership. Yahoo continues its advertising struggles, leading to whispers of layoffs. PC sales stabilize, ushering in surprisingly impressive financial results for Intel.

NEW FIFA RANKING: Nigeria move up 10 places after World

NEW FIFA RANKING: Nigeria move up 10 places after World Cupperformance 

The Super Eagles have risen up from 44 to 34 in a new FIFA World Ranking released today July 17th.

FIFA released the new list based on countries performance at the just concluded World Cup in Brazil. Nigeria went up 10 spots courtesy of the Super Eagles' second round finish at the World Cup.

Dow plunges 161 points, closes below 17,000

Stocks tumbled Thursday and closed sharply lower on rising geopolitical risks sparked by a downed Malaysia Airlines jet and an Israeli offensive in the Gaza strip.

ESPN networks to carry 'Dota 2' championships

It appears e-sports have caught the attention of The Worldwide Leader in Sports.

Valve announced it is partnering with ESPN to broadcast The International Dota 2 Championships, which start in Seattle on July 18.

Celebrities learn the word 'bae'

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Pharrell sings with his “baes.” (Michael Tran/FilmMagic)

It has recently come to the attention of the Entertain This! team that some people don’t understand what “bae” means. And some of those people are famous white guys:

Malaysian passenger plane shot down in Ukraine, 295 dead

A Malaysian Airlines flight from Amsterdam to Kuala Lumpur has crashed in eastern Ukraine. There were 280 passengers and 15 crew members on board.
Ukrainian Interior Minister said all on board are dead and that the plane was shot down by Russian ground-to-air anti-aircraft missiles at 32,000 feet and at 500mph.

The plane, a Boeing 777, came down near the city of Donetsk, which is a border between Russia and Ukraine where a Ukrainian transport plane was shot down at 21,000 feet on Monday July 13th and a military jet shot down last week from the Russian side of the border. 

Peter Okoye shares another pic

In case some of you didn't get it the first time...Peter Okoye just shared another photo of himself chilling at Squareville mansion in Lagos with some friends. His older brother Jude Okoye's wedding is still on-going in Anambra state! See more photos from the wedding

6 times the late, great Elaine Stritch accessorized like a boss

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AP/Sundance Selects

Stage and TV star Elaine Stritch passed away today at the age of 89, but her big personality, one-of-a-kind laugh and great sense of style will always live on.

In fact, she was one of the master accessorizers of modern times. From her ubiquitous hats to those rounder-than-round owl glasses, she was a true original.

Here are some of her best moments in accessories.