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Tim Cook has tough job to keep Apple sweet

Steve Jobs’s successor as chief executive faces one of the toughest challenges in corporate history Apple’s new chief executive Tim Cook vowed to stick to Apple’s “unique principles and values” as investors marked his first day as successor to founder Steve Jobs by selling shares and marking the company’s value down by more than 5%, or about £10bn. In taking over from Jobs, widely regarded as a genius for giving the world such groundbreaking products as the iPod and iPhone, Cook faces one of the toughest challenges in corporate history as he strives to maintain Apple’s position as the world’s foremost technology firm. Earlier this month Apple briefly passed the oil behemoth Exxon to become the world’s most valuable company just 14 years after flirting with bankruptcy. In a company-wide email on Thursday, Cook, who has been at Apple for 13 years, told staff: “I want you to be confident that Apple is not going to change. I cherish and celebrate Apple’s unique principles and values. Steve built a company and culture that is unlike any other in the world and we are going to stay true to that – it is in our DNA. We are going to continue to make the best products in the world that delight our customers and make our employees incredibly proud of what they do.” The first challenge for Cook’s reign will be the expected unveiling of the next versions of the iPhone, widely anticipated within the next six weeks as Apple aims to capitalise on its leadership of the mobile phone industry, where it has risen from nothing to having the largest revenue and profits in just under five years. In the computer market, its small sales have still grown faster than the rest of the Windows-based market for 20 successive quarters. And its iPad tablet still dominates the fast-growing market, despite competition from dozens of rivals using Google’s free Android operating system. Reports said that Jobs spent his final day as chief executive at the Apple campus in Cupertino, California, where he worked a full day, and that he intended to be an “active” chairman of the company. Although he gave no reason for his departure, announced late on Wednesday, medical observers believe it is linked to the rare neuroendocrine cancer for which he was treated in 2004, and the liver transplant he received in April 2009. Cook, 50, was until Wednesday the company’s chief operating officer, and had been acting CEO since January. He has long been seen as the natural successor. But even as investors were selling the stock – it later recovered to be down only 1.1% – business analysts were insisting that Cook would have at least two years in which to rely on products that Apple will already have under development. The departure of Jobs, the visionary who has set out Apple’s philosophy for decades – first between 1975 and 1985, and then from 1997 to this year – had been seen by some investors as cause for alarm at the company, which is now more valuable than rivals such as Microsoft, Dell and Intel. But Gartner Research analyst Michael Gartenberg suggested that customers would continue to be loyal to the brand. Without Jobs, he believes the company’s challenge will be the same as it was with him: continuing to find ways to raise the bar with its consumer electronics. “Yes, this is quite some transition… but it doesn’t mean Apple itself will fundamentally change,” he said. “Certainly Apple’s competition would be foolish to think this is a situation they could somehow capitalise on.” Richard Windsor at Nomura said: “By its own admission, Apple’s pipeline is several years long, so if innovation were to stop dead overnight it would still be some time before the effect was felt. That said, the launch of the next iPhone already delayed from the anticipated July launch will be even more important now than it already was. If the hardware is not impressive … then the company may be seen to be losing momentum.” Richard Gardner at Citigroup advised investors to buy the stock if it drops, saying Jobs had laid a strong foundation, and that he expected it to gain market share for years. “In our view, [Cook] is a tough but well-regarded leader who will continue to hold Apple employees to an extremely high standard of performance,” he wrote.” The quiet man with similar goals Steve Jobs is famous for his temper, while Tim Cook is described as soft-spoken. Jobs is a Californian known for his new age interest in vegetarianism and spirituality, but Cook, who is from Alabama, loves American football. And while Jobs enjoyed rockstar-like fame, the intensely private Cook toiled for years in obscurity, an operations wonk who made the proverbial trains run on time. But now it may be the things that Cook shares with Jobs that will matter most as he takes over as boss of one of the world’s coolest companies. One of those characteristics is said to be sheer competitiveness. “He’s not in it for the fame or the ego or the money. He’s in it to win,” said Greg Petsch, his boss at Compaq Computer during the late 90s. “The guy is just a phenomenal operating executive,” said Mark Briggs, who was Cook’s boss at Intelligent Electronics from 1994 to 1997. Briggs remembers a highly analytical executive, focused on metrics, who overhauled the company’s supply chain. “He just works all the time, that’s his life.” Cook has a strong record as a stand-in. When Jobs was first ill in 2004 Cook took charge and things went so well he was made chief operating officer. In his second stint, Apple’s stock rose 62%. Charles Arthur and agencies Tim Cook Apple Computing United States Charles Arthur guardian.co.uk

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Help could be on the way for struggling homeowners with government-backed mortgages: The Obama administration is considering a proposal that would allow such homeowners to refinance their mortgages at today’s interest rates, which hover around a low 4%. Many homeowners can’t currently refinance because they owe more than their house’s…

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Pretty much everyone seems to agree : A video love note Jim Carrey recorded for the actress Emma Stone, apropos of nothing, is creepy. An apparently serious Carrey tells Stone how beautiful she is and envisions the “chubby little freckle-faced kids,” not to mention the sex, they would have if only…

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While scientists have seen the aftermath of stars ripped apart by black holes before, they say they’ve finally seen the galactic violence in the act for the first time, reports the LA Times . The Earth-orbiting Swift observatory noticed an unusual radiation spike coming from a constellation 4.5 billion light-years…

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Nick Clegg: I will refuse to let human rights laws be weakened

Deputy prime minister says Liberal Democrats will not let Tories water down human rights laws Nick Clegg has issued a trenchant defence of human rights laws, setting out their strengths and saying his party will not let Conservatives water them down should there be a fresh push to renegotiate legislation. In an article for the Guardian , the deputy prime minister acknowledges much common ground with the prime minister, David Cameron, who in recent weeks has increasingly given voice to the frustrations of cabinet ministers, MPs and his activist base that European human rights legislation has overruled British courts and must be renegotiated. A European ruling earlier this year that prisoners must be given the vote despite parliament voting for the opposite infuriated Conservatives. Writing at the weekend, Cameron said: “Though it won’t be easy, though it will mean taking on parts of the establishment, I am determined we get a grip on the misrepresentation of human rights. “We are looking at creating our own British bill of rights. We are going to fight in Europe for changes to the way the European court works and we will fight to ensure people understand the real scope of these rights and do not use them as cover for rules or excuses that fly in the face of common sense.” Clegg agrees there is a problem with “misrepresentation” of what rights people enjoy and says he supports government moves to reform the European court of human rights. But his article is different in emphasis from the prime minister’s and represents the first restatement that his party will not brook a profound renegotiation of Britain’s relationship with the Strasbourg court. Clegg describes the incorporation of the European Convention on Human Rights into domestic legislation under the human rights act as “a hugely positive step”. He writes: “As we continue to promote human rights abroad, we must ensure we work to uphold them here at home. We have a record we should be proud of and never abandon.” While Cameron was careful to criticise the interpretation, he is under pressure from his activists to go radically further, with some voices calling for a complete withdrawal. The home secretary, Theresa May, said in a speech last month that she would be arguing for a new definition of article 8 of the European convention, which guarantees the right to a private and family life. By contrast, Clegg says: “Court judgements themselves tend to tell a very different story about our rights culture than tabloid papers. The Human Rights Act and the European Convention on Human Rights have been instrumental in preventing local authorities from snooping on law-abiding families, in removing innocent people from the national DNA database, in preventing rapists from cross-examining their victims in court, in defending the rights of parents to have a say in the medical treatment of their children, in holding local authorities to account where they have failed to protect children from abuse, in protecting the anonymity of journalists’ sources, and in upholding the rights of elderly married couples to be cared for together in care homes.” Clegg also appears to implicitly criticise Cameron’s satisfaction with tough “exemplary” sentences for those involved in the riots alongside backing families of rioters losing council homes and benefits. Defending the concept of human rights in his article, Clegg says that a view is being pandered to that believes no rights come without responsibilities and that “a criminal ought to forfeit their very humanity the moment they step out of line, and that the punishment of lawbreakers ought not to be restrained by due process”. In November the justice secretary, Kenneth Clarke, will push for “important operational changes” to the ECHR when Britain takes over the chairmanship of the Council of Europe. Separately, Clarke and Clegg head a commission into the establishment of a British bill of rights which would redefine the UK’s obligation under the ECHR. The commission is thought to be split down the middle over whether or not to repeal the Human Rights Act. In order to sate the desires of the Tory backbench, a separate commission has been set up which will produce a distinctively Conservative position on the ECHR before the next general election. Nick Clegg Liberal Democrats Conservatives Liberal-Conservative coalition David Cameron Human rights Allegra Stratton guardian.co.uk

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Warren Buffett made news again today , as Bank of America announced that Berkshire Hathaway would be buying $5 billion worth of its preferred stock. “Bank of America is a strong, well-led company, and I called Brian to tell him I wanted to invest in it,” Buffett said. “They are acting…

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A University of Idaho psychology professor was found dead in a hotel room on Tuesday, having committed suicide a day after killing his former girlfriend, a graduate student at the same university, say police. Ernesto Bustamante, 31, reportedly had multiple personalities, one he called “the beast” and another called “psychopathic…

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The Karl Rove-Sarah Palin feud continues: Last night on Fox News, Rove called Palin “thin-skinned” a grand total of four times before being abruptly cut off for a breaking news update. Greta van Susteren repeatedly tried to get Rove onto a different track—she wanted to know why the media…

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The importance of the Notting Hill carnival

It’s in David Cameron’s backyard – and it’s always had a troubled relationship with the establishment. After the UK riots, the stakes are high for the 46th Notting Hill carnival ‘ Look at them,” instructs Clary Salandy, her voice growing ever more urgent. “Those boys are making hats. Those girls are making costumes. Those over there are welding structures for the costumes. They are creating things. They are not rioting. They like Nike and all that stuff but they are here working until the early hours and then they go to the shop and buy them. We have seen what some kids do. Carnival will show what our good kids do.” It will if Clary has anything to do with it. She’s a veteran, colonel-in-chief of the celebrated “masquerade” band Mahogany . Its vivid designs and brightly coloured processions have been a highlight of every Notting Hill carnival that anyone can remember. That’s no accident. Mahogany know what they are doing and they worry about the details. An instruction here, some encouragement there; from her shop premises on Harlesden High Street in north-west London, Clary runs a tight ship. It is people like Clary who put the spectacle on the street and make carnival happen. It’s hard work, not least because the event carries expectations commensurate with being the biggest street festival in Europe. But this year the stakes could not be higher. The 46th Notting Hill carnival will attract a million people this weekend – more if the sun shines – and, as always, placing that many revellers in such a small space presents particular challenges. But it will also be the first big public event in London since the terrible riots that scarred the capital and other cities just three weeks ago. The first chance for the mob to run amok again, if permitted – and so inclined. For many reasons, that cannot be allowed to happen. One is the future of carnival itself, for the event is popular but never universally so. Another is the reputation of the Metropolitan police, which met such criticism, not least from the prime minister, for the tactics deployed when the rioting spread from Tottenham and the looters appeared to have the upper hand. Another is the reputation of London, with the Olympics barely a year away. Then there is the reputation of the UK itself. No one cares to contemplate more shamefully embarrassing images of disorder making their way around the world. So no chances are being taken. There will be a record 16,000 police officers on duty. Preliminary raids have already been carried out to identify known troublemakers and ban them from carnival. The event itself will provide between 500 and 700 stewards. This year, in an unprecedented move, everything will wind down at 7pm. One senior officer tells me carnival is being seen as a litmus test. “There is definitely a keen perception of the risks involved,” he says. “Not just at carnival but also the risk from those elements who think they might be able to fill their boots in other areas while so many officers are at carnival. We got a bloody nose in Tottenham and in other areas and we can’t afford to have this at carnival. The last thing we need is more pictures that say London isn’t safe.” So the runup is a nervy one. But then, has there ever been a year when malign forces have not been conspiring to derail the Notting Hill carnival? No one can remember one. Consider the money. It is expensive to stage, the direct organising costs alone being around £500,000. Add in the amounts spent by the police and other public services, particularly the council cleaners, and then consider that for much of its life there has been no easy assumption that politicians or donors or individuals or corporations would come forward in sufficient number to fund it. Consider that, even now, the event has no primary commercial sponsor and that much of the most vital work involved in putting the show together is done by volunteers. In recent years it has been relatively tranquil, with new faces at the top and a marked improvement in the management of the event, but money has long been a problem. In 2003 the Arts Council refused to give the organisers a proposed grant of £160,000 because of perceived irregularities in the accounting. The Greater London Authority in response decided to steer its grant for stewarding away from the organisers and to pay the companies concerned directly. Three years ago, the new team took over and discovered that the event was seriously in debt. Consider crime. Even without the backdrop to this year’s event, carnival has been forced each year to answer those who say that in terms of crime and antisocial behaviour, the annual revelry is a price not worth paying. Last year’s event was relatively peaceful. But these things, critics say, are indeed relative. Crime was down by 31% compared with the previous year, and some crime is inevitable, but still there were, at one stage, bottles and missiles thrown at police and 280 arrests. Consider the route, always a point of contention, which one might expect given that last year up to one million people crammed the narrow streets of Notting Hill. Thousands flock to west London. At the same time, scores of residents keen to avoid the noise and disruption move out. “Notting Hill carnival is almost here,” said one press release sent out on Wednesday, a catalyst, “for those toying with the idea of getting away over the August bank holiday.” Jennette Arnold, the chair of the London Assembly and a member of the Metropolitan Police Authority, believes carnival has only intermittently enjoyed the sort of support it deserves. “There has been an ambivalence about it. I think it is the jewel in the crown of London’s cultural life. But many throughout its history have seen it as just a black event. They have viewed it negatively, seeing only the potential for trouble.” The event has regularly faced the threat of being taken off the streets, particularly those gentrified Notting Hill streets familiar to residents such as David Cameron and Michael Gove, and being cocooned in a more manageable open space, such as Hyde Park. Had the Royal Parks been more amenable to the idea, few doubt that by now it would have been condemned to such a fate. And to those who see carnival as just another festival – a black lord mayor’s show with dancers and tinsel – that approach might seem to make sense. But there is a history and a philosophy to carnival that sustains it, and frustratingly for politicians who would like to get a better handle on it, makes the event hyper-sensitive and hyper-resistant to change. Claudia Jones, the veteran Trinidadian communist, activist and publisher exiled as a menace from America, is always known as the Mother of Carnival. The first one organised by her in 1959 was largely static, in St Pancras town hall, and was designed as both a comfort and a statement. The race riots in Notting Hill had scarred the area and shocked the nation the year before. The first carnival as we know it in Notting Hill itself took place in 1964 when, spurred on by another pioneer, Rhaune Laslett, marchers and steel bands spilled on to the streets with their artistry. That took chutzpah, for though many embraced the idea and welcomed a dash of colour to what was then a down-at-heel district, race relations in Notting Hill were a constant difficulty. In his new re-investigation of the 1959 murder in the heart of Notting Hill of a black man, Kelso Cochrane, author Mark Olden brilliantly describes a postwar world where feral young white men, drunk on beer, high on bravado, terrified at the emergence of a community they did not recognise or understand, made a statement of their own with regular bouts of “nigger hunting”. So carnival was a pointed response to recent domestic events. But it was more than that. Trace them back – the dances, the rituals – and they transport one back to the West Indies, but don’t stop there. They transport those who know back to the emancipation of forefathers from hundreds of years of slavery. The whole thing, beneath the swaying and the jollity, could not be more historically loaded. Professor Gus John, the historian, author and government adviser says: “People must understand the origins of carnival. It is a festival created by freed slaves in the Caribbean in a period when the only opportunity they had to express themselves and their culture was at the end of the sugar cane crop. The British and French had banned the use of drums, cow horns and conch shells; not only because they were used in traditional religious practices that they wished to outlaw, but because they were also used to organise rebellions. In time, the resourceful workers started making percussion instruments with sticks and with bamboo and with metal implements.” Forerunners of the steel drums. Part of the ritual, he says, was a joyful mocking. “Carnival has always been associated with self-affirmation, assertion of cultural identity and African origins and a parodying of the habits, dress, mores and lifestyle of the oppressor class. The festival has always combined music, drama, costumery and satire.” What happens, Clary tells me, while quality-checking a pointed yellow hat beautifully crafted from gold plastic and white foam, happens for a reason. “It is on the street and it stays on the street because once there were laws forbidding black people to be on the street. No more than 10 were allowed to congregate. We are not taking it to a park behind a fence. No way.” There is a bitter irony this year, he adds. Unsolicited, it falls to carnival to provide some joy to erase the rancour, to show off London’s diversity, to rehabilitate the nation’s reputation as a place where mass events can occur without near anarchy. And yet recently, when there was a chance to truly embrace and promote carnival as part of the Cultural Olympiad for the 2012 Olympics with a widely trailed Festival of Carnivals, the officials responsible decided at the 11th hour not to bother. “One minute the money and the will was there,” Clary says. “We were all preparing to be part of it. The next it wasn’t. When I think of all the good that could have been done with that money, all the young people we could have engaged, doing things, learning things, it makes me disillusioned. What we do is world class. But we don’t get the respect.” There is something unsatisfactory about the establishment’s relationship with carnival. It is liked – a study for the GLA in 2004 suggested it pumps £93m into the London economy. But it isn’t loved in the way that Rio loves its yearly spectacle. It too suffers from crime, sometimes deaths, but these never lead to a questioning of the fundamentals. It is one of the key ways in which the Brazilian city sells itself to the world. For all its longevity, carnival has never enjoyed that status here. As a director of the Notting Hill Carnival Trust for the past three years, it’s now Chris Boothman’s job to change that. It’s a mammoth task, but many feel that so far it’s going well. After two years of internal changes and the forging of new relationships with politicians and the commercial world, this was to be the year carnival showed a new, confident face to the world. The goal is still to make sure everything goes right this weekend. Most believe that will happen. But more than that, it can’t afford to get anything wrong. Pressure aplenty but Boothman, a solicitor, once the legal head of the now defunct Commission for Racial Equality, a member of the Metropolitan Police Authority and a veteran carnivalist, has the sang-froid of a man who’s coping. “There will be 4,000 extra police a day on duty in the carnival area but they won’t be in the immediate area of carnival,” he tells me. “The look and feel of carnival won’t be much different. But they will be available if needed.” Carnival always weathers the storms, he says. “There are people who annually whip things up; a small and hardcore number of individuals who want it scrapped and talk about violence when in fact the event is getting safer every year.” He loves the traditions, but is unafraid to modernise. “The street parade will never disappear but part of the challenge is getting back to the way it used to feel. It has got so big.” Thinking aloud he wonders if they might extend the six-mile route. Or extend the event itself into a season, like the Edinburgh festival. He hopes and expects to be able to continue that work unimpeded, with the aspiration that next year’s event, in Olympic year, will attract both establishment love and sponsors, creating a new normal. “The 80s riots never impacted carnival. When there was trouble, it was about issues between black youths and the police. But people rioting and looting is not something we expect to see at carnival. We have worked hard to get this far. Whatever happens, we’ll be here.” Murder in Notting Hill by Mark Olden is published by Zero Books on 25 Nov, price £11.99. Notting Hill carnival Festivals UK riots Hugh Muir guardian.co.uk

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Hurricane Irene: America’s east coast hunkers down

North Carolina expected to bear brunt of Irene, which is heading towards wide swathe of eastern seaboard Officials are considering whether to evacuate low-lying areas of Manhattan after hurricane Irene barrelled out of the Bahamas towards a wide swath of the eastern US. Irene, which achieved gusts of up to 128mph over Cat Island on Thursday, is forecast to maintain or even increase its intensity as it progresses. The slow-moving but powerful storm could hit North Carolina’s Outer Banks on Saturday morning with winds of around 115mph. It is predicted to travel up the east coast, spewing rain over parts of Virginia and Washington DC, New Jersey and New York City before reaching Maine on Monday afternoon. North Carolina is expected to bear the brunt of Irene, and most of the coast was on hurricane watch with the National Hurricane Centre warning to expect dangerous storm surges where the storm makes landfall. But a much greater swath of the eastern US, from the Carolinas up to Maine, could also feel Irene’s effects, federal officials warned. “North Carolina looks like the greatest threat right now,” Craig Fugate, the director of the Federal Emergency Management Agency (Fema), told reporters. “But the rest of the eastern seaboard is well within the path of the storm. It is going to bring in all of the north-east corridor for heavy rains, high winds and potential flooding.” Residents were warned to expect power outages from fallen trees as well as flooding. “You can expect at a minimum 5 to 10 inches of rain, and with hurricane force winds inland you are going to get a lot of treefall and a lot of flooding,” Bill Read, the director of the National Hurricane Centre, said in a conference call with reporters. As of Thursday, Irene was the strongest storm to threaten the Atlantic coast since 2005. It is also cutting a course that could take it much farther inland than any other storm since 1985. Even if it decreases in intensity, Fugate warns Irene could still cause significant disruption and damage to property. “You don’t really need hurricane force winds. Even winds blowing 40mph, or 50 and 60mph if they are blowing for hours can cause trees to come down and widespread power outages,” he said. As the storm travels north, federal officials from North Carolina to Maine began warning residents in low-lying and coastal areas to prepare to evacuate. New York City mayor Michael Bloomberg told a news conference that officials would make a decision on Friday on whether to evacuate low-lying areas in downtown Manhattan, Brooklyn, Queens and Staten Island, and offer people places in storm shelters. “The timing is a bit up in the air, as it is with all these things. Sometime on Friday, late in the day. How many depends on how severe we think the storm is going to be,” Bloomberg said. He advised residents to begin packing small bags with food and water, medicines, important documents and other essentials in case they are ordered to evacuate. Hospitals began running checks on emergency generators, medicines and other supplies. City police mobilised 50 small boats to use in the event of floods. Hurricane Irene has already caused considerable damage in the southern Bahamas as it made its way to the US. Officials reported that at least 40 homes were badly damaged on the island of Mayaguana. Natural disasters and extreme weather United States North Carolina Suzanne Goldenberg guardian.co.uk

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