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Judge William Sylvester granted a request for more time by prosecutors in the case of alleged Colorado James Egan Holmes. The court hearing of the 24-year-old, who allegedly opened fire during a midnight screening of the Dark Knight Rises at an Aurora movie theater, was scheduled for this week, however it has been postponed to August 23.

Eric Savitz of Forbes Magazine says that the sales of iPhone 5 might be the most important in the company’s history. According to business analysts, Apple might sell as many as 250 million of its next generation iPhone. The general consensus in the market is that the iPhone 5 will make to stores on September 21, after Apple launches it on the 12th.

On Thursday, the Ecuadorian foreign minister Ricardo Patino announced at a news conference in Quito that Ecuador would be granting Wikileaks co-founder Julian Assange, asylum thus shielding him from being extradited from Britain to Sweden where he faces charges of rape and sexual molestation.