Kenyan elephant numbers plummet by 1000 in four years









































IT'S a case of up then down for Kenya's second largest population of elephants. After a promising growth spurt, the elephants are now dying faster than they are being born. The decline is being blamed on illegal poaching, driven by Asia's demand for ivory.












The Kenya Wildlife Service recently conducted a census of the Samburu/Laikipia population, the country's second largest. It found that the population lost over 1000 elephants in just four years, and now stands at 6361. Previous censuses in 1992, 1998, 2002 and 2008 had revealed a growing population, which appears to have peaked at 7415 in 2008.












Poaching is suspected. A July report by three conservation groups found that it has been on the rise across Africa since 2006. Poaching is also spreading eastwards from central Africa into countries like Kenya, says Richard Thomas of TRAFFIC in Cambridge, UK, one of the three groups that drafted the report. The July report found that more than half of all elephants found dead in Africa in 2011 had been illegally killed.












The rise in poaching appears to be driven by increasing affluence in China and Thailand, where ivory is often used to make religious sculptures and other decorations.












Organised criminal gangs have capitalised on this increased demand. "If it's worth someone's while to smuggle the ivory, they'll take the risk," Thomas says. There is evidence that gangs are moving into Kenya to hunt elephants.


















































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Life & works of local literary icon on exhibit






SINGAPORE: An exhibition that features the life and works of local literary icon Dr Muhammad Ariff Ahmad was launched at the National Library Building on Saturday.

"Sumbangsih MAS: Muhammad Ariff Ahmad" also showcases his writings that are displayed for the first time, including an unpublished manuscript.

The well-respected Malay language and cultural luminary turned 88 two days ago.

This exhibition - which recognises his efforts and contributions towards Singapore's literary scene, comes as a timely birthday gift.

Jointly organised by National Library Board, ASAS 50 and the Malay Language Council, the exhibition is in English and Malay to reach out to a wider community.

In conjunction with the exhibition, NLB published a bibliography on Dr Ariff's works, in the hope that it becomes a source of reference for researchers of Malay literature in Singapore.

The National Library Board also produced a collection of 25 of Dr Ariff's poems that were penned since 1947.

"What can be expected in this exhibition is the life and contributions of Cikgu Muhammad Ariff, mainly in the areas of language, literature and in the education field," said Juffri Supa'at, curator for the exhibition and senior librarian of the National Library.

The exhibition is part of NLB's Literary Pioneer Series in honour of Singapore's literary figures.

The exhibition runs at Level 9 of the National Library Building until 3 February 2013. It is open to public and admission is free.

- CNA/xq



Read More..

Android's Google Now services headed for Chrome, too




It looks like Chrome users, not just
Android users, will get access to Google Now, the search giant's technology for bringing weather reports, trip departure reminders, birthday alerts, nearby restaurant reviews, and more to the attention of Android users.


Chrome team programmers accepted the addition of a "skeleton for Google Now for Chrome" to the Google browser yesterday, an early step in a larger project to show Google Now notifications in Chrome.


Google Now integration into Chrome gives Google a new way to connect people closely to online services that Google judges to be relevant depending on time and location. Francois Beaufort, who keeps a close eye on the Chrome source code, spotted the move.




The move reflects the growing maturity of Google's operating system strategy. In mobile, it steers people to Android, and on personal computers, it steers them to Chrome or Chrome OS. Although Chrome isn't an operating system, strictly speaking, browsers are absorbing more and more OS abilities, and Chrome OS systems of course can't run anything but Web apps.


Whatever OS a person is using, Google is designing it as a mechanism to reach Google services: search, Google Maps, YouTube, Google Apps, Gmail, Google+, and more. These services are where Google makes its money.


Read More..

Plants Grow Fine Without Gravity


When researchers sent plants to the International Space Station in 2010, the flora wasn't meant to be decorative. Instead, the seeds of these small, white flowers—called Arabidopsis thaliana—were the subject of an experiment to study how plant roots developed in a weightless environment.

Gravity is an important influence on root growth, but the scientists found that their space plants didn't need it to flourish. The research team from the University of Florida in Gainesville thinks this ability is related to a plant's inherent ability to orient itself as it grows. Seeds germinated on the International Space Station sprouted roots that behaved like they would on Earth—growing away from the seed to seek nutrients and water in exactly the same pattern observed with gravity. (Related: "Beyond Gravity.")

Since the flowers were orbiting some 220 miles (350 kilometers) above the Earth at the time, the NASA-funded experiment suggests that plants still retain an earthy instinct when they don't have gravity as a guide.

"The role of gravity in plant growth and development in terrestrial environments is well understood," said plant geneticist and study co-author Anna-Lisa Paul, with the University of Florida in Gainesville. "What is less well understood is how plants respond when you remove gravity." (See a video about plant growth.)

The new study revealed that "features of plant growth we thought were a result of gravity acting on plant cells and organs do not actually require gravity," she added.

Paul and her collaborator Robert Ferl, a plant biologist at the University of Florida in Gainesville, monitored their plants from the Kennedy Space Center in Florida using images sent from the space station every six hours.

Root Growth

Grown on a nutrient-rich gel in clear petri plates, the space flowers showed familiar root growth patterns such as "skewing," where roots slant progressively as they branch out.

"When we saw the first pictures come back from orbit and saw that we had most of the skewing phenomenon we were quite surprised," Paul said.

Researchers have always thought that skewing was the result of gravity's effects on how the root tip interacts with the surfaces it encounters as it grows, she added. But Paul and Ferl suspect that in the absence of gravity, other cues take over that enable the plant to direct its roots away from the seed and light-seeking shoot. Those cues could include moisture, nutrients, and light avoidance.

"Bottom line is that although plants 'know' that they are in a novel environment, they ultimately do just fine," Paul said.

The finding further boosts the prospect of cultivating food plants in space and, eventually, on other planets.

"There's really no impediment to growing plants in microgravity, such as on a long-term mission to Mars, or in reduced-gravity environments such as in specialized greenhouses on Mars or the moon," Paul said. (Related: "Alien Trees Would Bloom Black on Worlds With Double Stars.")

The study findings appear in the latest issue of the journal BMC Plant Biology.


Read More..

Australian DJs Behind Prank Call Under Fire













An outpouring of anger is being directed today at the two Australian radio hosts after the death of a nurse who was caught in the DJs' prank call to hospital where Kate Middleton was treated earlier this week.


Lord Glenarthur, the chairman of King Edward VII's Hospital - the U.K. hospital where the Duchess of Cambridge was receiving treatment, condemned the prank in a letter to the Max Moore-Wilton, chairman of Southern Cross Austereo, the Australian radio station's parent company.


Glenarthur said the prank humiliated "two dedicated and caring nurses," and the consequences were "tragic beyond words," The Associated Press reported.


DJs Mel Greig and Michael Christian, radio shock jocks at Sydney's 2Day FM have been taken off the air, but the company they work for did not fire them or condemn them.


"I think that it's a bit early to be drawing conclusions from what is really a deeply tragic matter," Rhys Holleran, CEO of Southern Cross Austereo told a news conference in Sydney. "I mean, our main concern is for the family. I don't think anyone could have reasonably foreseen that this was going to be a result."


Nurse Jacintha Saldanha was found dead Friday morning after police were called to an address near the hospital to "reports of a woman found unconscious," according to a statement from Scotland Yard.


Circumstances of her death are still being investigated, but are not suspicious at this stage, authorities said Friday.


Following news of Saldanha's death, commentary on social media included posts expressing shock, sadness and anger.








Jacintha Saldanha, Nurse at Kate Middleton's Hospital, Found Dead Watch Video









A sampling of some of the twitter posts directed at the DJs included: "you scumbag, hope you get what's coming to you" and "I hope you're happy now."


The hospital said that Saldanha worked at the hospital for more than four years. They called her a "first-class nurse" and "a well-respected and popular member of the staff."


The hospital extended their "deepest sympathies" to family and friends, saying that "everyone is shocked" at this "tragic event."


"I am devastated with the tragic loss of my beloved wife Jacintha in tragic circumstances, she will be laid to rest in Shirva, India," Saldanha's husband posted on Facebook.


The duchess spent three days at the hospital undergoing treatment for hyperemesis gravidarum, severe or debilitating nausea and vomiting. She was released from the hospital on Thursday morning.


"The Duke and Duchess of Cambridge are deeply saddened to learn of the death of Jacintha Saldanha," a spokesman from St. James Palace said in a statement.


On Friday, Greig and Christian had been gloating about their successful call to the hospital, in which they pretended to be Queen Elizabeth and Prince Charles and were able to obtain personal information about the Duchess's serious condition.


"You know what they were the worst accents ever and when we made that phone call we were sure a hundred people at least before us would have tried the same thing," said Grieg on air. She added with a laugh, "we were expecting to be hung up on we didn't even know what to say [when] we got through."


"We got through and now the entire world is talking, of course," said her co-host Christian.


When the royal impersonators called the hospital, Saldanha put through to a second nurse who told the royal impersonators that Kate was "quite stable" and hadn't "had any retching."


The hospital apologized for the mistake.


"The call was transferred through to a ward, and a short conversation was held with one of the nursing staff," the hospital said in a statement. "King Edward VII's Hospital deeply regrets this incident."


"This was a foolish prank call that we all deplore," John Lofthouse, the hospital's chief executive, said in the statement. "We take patient confidentiality extremely seriously, and we are now reviewing our telephone protocols."


The radio station also apologized for the prank call.






Read More..

Parasite makes mice fearless by hijacking immune cells









































The Toxoplasma parasite is an unusually devious operator. When it infects mice, it alters their behaviour so they become fearless enough to seek out cats and get eaten. But exactly how it did this was it a mystery.












Now it appears that the parasite hijacks its victim's immune system, causing it to produce a chemical normally found in the brain. The discovery suggests that the brain and immune system might have evolved using similar processes to control their behaviour, including electrical and chemical signals now known mainly in nerves.












Toxoplasma gondii spends part of its life in a cat's gut, then spreads to mice via cat droppings. It invades their brains and causes them to behave fearlessly towards cats – quickly returning the parasite to a cat's gut and completing its life cycle.











The parasite can use other animals as a host, and can spread to humans via infected, uncooked meat as well as cat droppings. Acute infection can harm a fetus, so pregnant women are told to avoid cat litter boxes. A quarter of people have a lifelong Toxoplasma infection and may suffer psychological effects, including increased recklessness.













Antonio Barragan of the Karolinska Institute in Stockholm, Sweden, has now discovered that the parasite's mind-bending abilities could be a side effect of the way it hijacks the immune system. Invaders like Toxoplasma normally get engulfed by white blood cells called dendritic cells (DCs), a process that helps other immune cells learn to recognise them.











Cell hijack













Toxoplasma, however, hijacks DCs. It not only lives and multiplies inside them, it makes them "hypermobile", crawling more actively through tissue and migrating faster around the body than usual. "The DCs are vehicles that transport the parasite around the body," says Barragan.












Barragan's team has found that the parasite does this by turning on a set of genes within DCs for producing and secreting a chemical called GABA. This was a surprise as GABA is a neurotransmitter, carrying signals in the brain from one nerve cell to another. The researchers found that DCs, like a few other non-neural cells, carry receptors for GABA.












The GABA that DCs make stimulates their own receptors, causing the voltage across the cell membrane to change, just as it would in a nerve cell membrane. This somehow makes the DCs more mobile and able to spread the parasite: drugs that block GABA stopped the cells becoming hypermobile and this led to fewer parasites in the brain.












The fact that immune cells respond to a neurotransmitter raises the possibility that mechanisms though to be unique in nerves may also operate in many other types of cell.











Intriguingly, says Barragan, as a neurotransmitter in the brain, GABA reduces fear and anxiety. A brain invaded by parasite-infested DCs churning out GABA may well become inappropriately fearless. Alternatively, the parasite might be able to invade brain cells too and turn on their GABA genes.













"It's hard to say which came first," says Barragan, the parasite's ability to hijack the brain, or the immune system. Either way, it is GABA that gets the parasite where it wants to go: down a cat's throat.












Journal reference: PLoS Pathogens, doi.org/jxk


















































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Yachting: Stamm takes lead in Vendee Globe






PARIS: Switzerland's Bernard Stamm has taken the lead for the first time in the solo, round-the-world Vendee Globe race ahead of France's Francois Gabart, Jean-Pierre Dick and Armel Le Cleac'h, organisers said on Friday.

Stamm took pole position in the southern Indian Ocean after Le Cleac'h, who had held the lead for much of the last 18 days, paid the price for trying to cut off an anticyclone near the Crozet "ice gate".

The Swiss skipper was the first to pass the virtual marker post on Thursday morning and the first to meet gentle winds - those slower than 10 knots.

At 0400 GMT on Friday, he was sailing at no more than 4.6 knots while Stamm (15.5 knots), Gabart (14.3 knots) and Dick (13.4 knots) were travelling nearly three times faster and more southward, buoyed by more sustained wind.

Le Cleac'h dropped to fourth overall and those in his wake chose to delay heading through the gentle wind zone, crossing their fingers that it will disappear when they head northward to pass Crozet.

Stamm's performance in his third Vendee Globe is remarkable given that his boat "Cheminees Poujoulat" is the most powerful of the fleet but also the most demanding physically.

The 49-year-old, who is based in the Brittany region of northwest France, has a glittering record in world sailing, having twice won the Velux 5 Oceans in 2002/3 and 2006/7 and is experienced in the Southern Ocean.

Standings at 0400 GMT:

1. Bernard Stamm (SUI/Cheminees Poujoulat) 16,641 nautical miles (19,150 miles, 30,819 kilometres) from the finish

2. Francois Gabart (FRA/Macif) at 11.5 miles

3. Jean-Pierre Dick (FRA/Virbac Paprec 3) at 59.5 miles

4. Armel Le Cleac'h (FRA/Banque Populaire) at 106.2 miles

5. Alex Thomson (GBR/Hugo Boss) at 145.3 miles

6. Mike Golding (GBR/Gamesa) at 653.7 miles

7. Dominique Wavre (SUI/Mirabaud) at 677.6 miles

8. Jean Le Cam (FRA/SynerCiel) at 678.1 miles

9. Javier Sanso (ESP/Acciona) at 1,295 miles

10. Arnaud Boissieres (FRA/Akena Verandas) at 1,515 miles

- AFP/de



Read More..

Google puts deadline on bids for Motorola STB biz -- report



Google solicitation of bids for Motorola's set-top box business could come to an end later today.


Google has been accepting bids for Motorola's operation for some time, but the company has set a deadline on the last bid round for today, the Wall Street Journal is reporting, citing people who are familiar with the dealings. The Journal's sources said that Google might extend the deadline if the offers aren't up to par.


According to the Journal's sources, Google expects the bids to reach between $1.5 billion and $2 billion, though they could go as high as $2.5 billion.



Google acquired Motorola Mobility in May for $12.5 billion. When Google announced the deal last year, it made clear that it was acquiring Motorola for its intellectual property in the smartphone industry. Motorola's set-top box business, which sees the company selling hardware to cable providers, generates solid cash for the company, but is believed to be plagued by lesser growth opportunities.


For its part, Google hasn't publicly confirmed that it's shopping Motorola's set-top box operation. However, several reports have been surfacing over the months suggesting that's the case. The Journal's sources say a host of companies, including telecommunications equipment maker Arris Group and set-top box company Pace, will place their bids.


CNET has contacted Google for comment on the report. We will update this story when we have more information.


Read More..

Space Pictures This Week: Lunar Gravity, Venusian Volcano









































































































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store_43331.init();









































































































































































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November Unemployment Falls to 7.7 Percent












The economy generated 146,000 new jobs in November and unemployment fell to 7.7 percent, better than economists expected, despite worries that superstorm Sandy and the looming fiscal cliff would dampen hiring.


There are still 12 million people unemployed in the country, but the Labor Department said Sandy did not "substantively impact" employment.


The Labor Department's Bureau of Labor Statistics dialed back job gains for the previous two months. In October, the U.S. economy added 138,000 jobs, not the 171,000 reported before the election. The jobs added in September were also revised downward to 132,000 from 148,000.


Stephen Bronars, chief economist with Welch Consulting in Washington, D.C., said many economists believed Superstorm Sandy would have influenced Friday's jobs report after causing devastation especially in the Caribbean and U.S. Northeast. Many expected an addition of 90,000 jobs causing the unemployment rate to tick up slightly.


Though the job numbers seemed strong, Bronars still said the overall report was "mixed" as many people were giving up their job searches. He also said he expects the payroll number for November will also be revised downward in the next two months.


"We need to see a few more months of data to see the full impact of both Sandy and expiring unemployment insurance benefits," Bronars said.






Stan Honda/AFP/Getty Images







Businesses and residents in the tri-state region of New York, New Jersey and Connecticut, which produce about one-eighth of U.S. GDP, experienced prolonged power outages and major infrastructure damage.


Bronars said, "Sandy hit the U.S. at a place where it inflicted close to the maximal possible economic damage from a storm that size."


New Jersey and New York were the hardest hit, with at least 120,000 jobs lost, at least temporarily, in those two states, some estimates showed. The Labor Department will release official regional and state unemployment estimates on Dec. 21.


Expiring unemployment insurance benefits for many jobless workers also affected the labor department's household survey as benefits have run out for hundreds of thousands of workers. A condition for receiving unemployment insurance benefits is an active job search.


"It is not surprising that some of the workers that have been out of work for a year and a half would give up job search, for a while, after their benefits ran out," Bronars said.


The labor force dropped by 350,000 in one month and employment fell by 122,000 according to the household survey.


"Those numbers are weak, even given Hurricane Sandy," Bronars said.


In addition, the employment to population ratio and the labor force participation rates fell.


On Wednesday, payroll provider ADP, reported that private companies added 118,000 jobs in November, down from 157,000 in October. However, ADP includes in its figures people as employed if they remain on payroll, whereas the Labor Department's includes workers as employed if they are paid.


Now that election season is over, employers and investors are surrounded by worries from another uncertainty, the fiscal cliff.


Read more: Eliminating Charitable Deduction Would Help Budget, Hurt Charities


Bronars said the November report will not have quite picked up effects of the looming fiscal cliff, as employers prepare for a mix of government spending cuts and tax increases after the end of the year.






Read More..

Your next boss could be a computer






















Software that delegates tricky problems to human workers is changing the nature of crowdsourcing






















"I'D RATHER have a computer as my boss than a jerk," says Daniel Barowy. To that end he has created AutoMan, the first fully automatic system that can delegate tasks to human workers via crowdsourcing platforms such as Amazon's Mechanical Turk.












Artificial intelligence is improving all the time, but computers still struggle to complete certain tasks that are easy for us, such as quickly reading a car's license plate or translating a joke. To get round this, people can post such tasks on platforms like Mechanical Turk for others to complete. Barowy wanted to automate this process - and AutoMan was born.












"We think of it as a new kind of computing," says Barowy, a computer scientist at the University of Massachusetts, Amherst. "It changes the kind of things you can do."












Barowy and colleagues designed AutoMan to send out jobs, manage workers, accept or reject work and make payments. "You're replacing people's bosses with a computer," he says.












The quality guarantee is the most important contribution of the work, says Barowy. "Without a mechanism for addressing the quality of worker output, full automation is not possible."












Unlike existing crowdsourcing platforms, AutoMan doesn't attempt to predict the reliability of its workers based on their previous performance. Instead, if it is not sure it has the correct answer, it keeps on posting the same job, upping the fee each time, until it is confident that it does.












"One way to think about it is that it saves the interesting parts, the creative parts, or the fun parts for people," says Barowy. "It's really the best of both worlds. You have the computer doing the grunt work."


















AutoMan could be used by developers of apps like VizWiz, in which blind people take a photo of their surroundings and receive a description of the scene. The algorithm could be incorporated into the app, sending the photos to crowdworkers, choosing the correct descriptions and sending them back to the app's user.












Of course, human labour doesn't come free. AutoMan will be given a budget by the app developer and be programmed to keep costs down. Quicker - or higher quality - responses will cost more but AutoMan will manage all of this automatically. Anyone using such hybrid software wouldn't know whether they were interacting with a machine or a crowd of humans - or both.












So how do Mechanical Turk workers feel about being directly employed by a computer? Barowy has received positive feedback so far. When a human boss rejects your work, it can feel personal or unfair. But that's not the case with AutoMan. "People ended up liking the system because it's impartial," he says. The team presented the work at the OOPSLA conference in Tucson, Arizona, last month.












"Any programmer could pick this up and use it," says Michael Bernstein of Stanford University in California. "That's a really powerful thing." Bernstein has developed hybrid computational systems himself, such as Soylent, a word processor that uses crowd workers to edit text.












Barowy's team hopes that their system will make crowdsourcing mainstream, with software delegating tasks to human workers around the globe. "AutoMan might even help grow a new class of jobs that could become a new sector of the world economy," says team member Emery Berger, also at the University of Massachusetts.




















People power makes Google work







Google likes to give the impression that it organises the world's information using algorithms alone, but the manual for its human raters tells the true story. Google's small army of home workers have a big say in what sites we are offered when we type in a search term.









The manual, revealed by technology website The Register, gives instructions on how raters should judge whether a set of search results matches a user's intention. They are also asked to make calls on a website's "relevance" - something that popular myth suggests is handled by the PageRank algorithm alone - and "quality". Raters are told to look for websites with content that is less than four months old.











































If you would like to reuse any content from New Scientist, either in print or online, please contact the syndication department first for permission. New Scientist does not own rights to photos, but there are a variety of licensing options available for use of articles and graphics we own the copyright to.




































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OUE sets deadline for F&N takeover offer






SINGAPORE: A consortium led by property group Overseas Union Enterprise (OUE) has set a deadline for its takeover offer of conglomerate Fraser and Neave (F&N).

Its S$13.1 billion offer for F&N will close on 3 January.

OUE is controlled by Lippo Group, a major Indonesian conglomerate that was founded by tycoon Mochtar Riady. Mr Mochtar is father of OUE's executive chairman Stephen Riady.

The OUE-led consortium offered to buy out shares of F&N at S$9.08 a piece on 15 November.

It is backed by Japanese brewer Kirin Holdings, which holds a 14.8 per cent stake in F&N. Kirin is also F&N's second largest shareholder.

OUE's offer was 2.25 per cent higher than the S$8.88 per share offered by rival TCC Assets, which is controlled by Thai beverage tycoon Charoen Sirivadhanabhakdi.

Through his entities TCC and Thai Beverage, he now owns almost a third of F&N.

TCC's S$8.7 billion bid for F&N will close on 11 December.

Analysts expect both sides to battle it out for F&N given the attractiveness of its property and soft drinks business.

They say TCC, which has extended the deadline on its offer twice, could ask for yet another extension next Tuesday before making their next move.

Liu Jinshu, deputy lead analyst at SIAS Research said: "TCC can't drag this out over a prolonged period, with the OUE bid announced last month, there is pressure for them to raise the stake.

"The premium offered by OUE's offer at S$9.08 a share is not high. TCC might not find it attractive after they have invested so much resources and effort in F&N. There is potential for TCC to rope in a partner and put in a higher bid for F&N."

F&N's share price closed at S$9.39 on Thursday, leading analysts to say that shareholders are holding out for a better offer and that a bidding war could emerge.

"We are seeing steady level being held at around the S$9.40-S$9.50 share mark on the exchange traded share. At the moment we are waiting to see who would move first in terms of putting in a better offer… I think we are likely to see both sides improve before we actually get to the end of any takeover," said Head of Premium Client Management at IG Markets Jason Hughes.

F&N is expected to appoint an independent financial advisor to review OUE's offer.

- CNA/jc



Read More..

Tim Cook: Steve Jobs told me to 'just do what's right'



Apple CEO Tim Cook with late co-founder Steve Jobs in 207.

Apple CEO Tim Cook with late co-founder Steve Jobs in 207.



(Credit:
James Martin/CNET)


Apple CEO Tim Cook said that Steve Jobs provided much-needed advice to him before he officially became chief executive.


Speaking to Bloomberg BusinessWeek in an interview published today, Cook said that Jobs called him one day and asked to speak with him about his plans for Apple's future. Jobs told him that he would recommend Cook as CEO and he would serve as chairman. After Cook asked Jobs several times if he was sure about making that transition, Jobs told him to stop asking, and provided his reasoning for the decision.


Here's what Cook said about the conversation:


I asked him about different scenarios to understand how he wanted to be involved as chairman. He said, "I want to make this clear. I saw what happened when Walt Disney passed away. People looked around, and they kept asking what Walt would have done." He goes, "The business was paralyzed, and people just sat around in meetings and talked about what Walt would have done." He goes, "I never want you to ask what I would have done. Just do what's right." He was very clear.


Cook served as interim CEO for Apple on three occasions as Steve Jobs left his post temporarily for medical reasons. In August 2011, shortly before his death, Jobs stepped down as CEO and assumed the role of chairman. Tim Cook was appointed CEO that same day.


Aside from a discussion on Steve Jobs, Cook had an awful lot to say during his interview. He touched on his relationship with Jonathan Ive, why Scott Forstall's recent ouster was necessary, and his plans for Maps. Here's what he had to say:


  • Speaking about the recent executive shakeup at his company, in which senior vice presidents John Browett and Scott Forstall left, Cook said that the change will allow Apple to take collaboration between executives "to another level." He also said that he feels the new setup, which sees senior vice president of industrial design Jonathan Ive taking over the "human interface," makes perfect sense.

  • Speaking of Ive, Cook said that he "loves" his design guru, adding that "he's an incredible guy, and I have a massive amount of respect for him."

  • Moving on to Maps, Apple's new mapping application for iOS that was hit with major issues at launch this year, Cook said that his company "screwed up." However, he noted that Apple has "a huge plan to make it even better."

  • Noting his court battles with Samsung, Cook told Bloomberg that he can't stand litigation, but he believed that he had no other choice but to launch lawsuits.

Read More..

High-Voltage DC Breakthrough Could Boost Renewable Energy

Patrick J. Kiger


Thomas Edison championed direct current, or DC, as a better mode for delivering electricity than alternating current, or AC. But the inventor of the light bulb lost the War of the Currents. Despite Edison's sometimes flamboyant efforts—at one point he electrocuted a Coney Island zoo elephant in an attempt to show the technology's hazards—AC is the primary way that electricity flows from power plants to homes and businesses everywhere. (Related Quiz: "What You Don't Know About Electricity")

But now, more than a century after Edison's misguided stunt, DC may be getting a measure of vindication.

An updated, high-voltage version of DC, called HVDC, is being touted as the transmission method of the future because of its ability to transmit current over very long distances with fewer losses than AC. And that trend may be accelerated by a new device called a hybrid HVDC breaker, which may make it possible to use DC on large power grids without the fear of catastrophic breakdown that stymied the technology in the past.  (See related photos: "World's Worst Power Outages.")

Swiss-based power technology and automation giant ABB, which developed the breaker, says it may also prove critical to the 21st century's transition from fossil fuels to renewable energy sources, by tapping the full potential of massive wind farms and solar generating stations to provide electricity to distant cities.

So far, the device has been tested only in laboratories, but ABB's chief executive, Joe Hogan, touts the hybrid HVDC breaker as "a new chapter in the history of electrical engineering," and predicts that it will make possible the development of "the grid of the future"—that is, a massive, super-efficient network for distributing electricity that would interconnect not just nations but multiple continents. Outside experts aren't quite as grandiose, but they still see the breaker as an important breakthrough.

"I'm quite struck by the potential of this invention," says John Kassakian, an electrical engineering and computer science professor at the Massachusetts Institute of Technology. "If it works on a large scale and is economical to use, it could be a substantial asset."

Going the Distance

The hybrid HVDC breaker may herald a new day for Edison's favored mode of electricity, in which current is transmitted in a constant flow in one direction, rather than in the back-and-forth bursts of AC. In the early 1890s, DC lost the so-called War of the Currents mostly because of the issue of long-distance transmission.

In Edison's time, because of losses due to electrical resistance, there wasn't an economical technology that would enable DC systems to transmit power over long distances. Edison did not see this as a drawback because he envisioned electric power plants in every neighborhood.

But his rivals in the pioneering era of electricity, Nikola Tesla and George Westinghouse, instead touted AC, which could be sent long distances with fewer losses. AC's voltage, the amount of potential energy in the current (think of it as analogous to the pressure in a water line), could be stepped up and down easily through the use of transformers. That meant high-voltage AC could be transmitted long distances until it entered neighborhoods, where it would be transformed to safer low-voltage electricity.

Thanks to AC, smoke-belching, coal-burning generating plants could be built miles away from the homes and office buildings they powered. It was the idea that won the day, and became the basis for the proliferation of electric power systems across the United States and around the world.

But advances in transformer technology ultimately made it possible to transmit DC at higher voltages. The advantages of HVDC then became readily apparent. Compared to AC, HVDC is more efficient—a thousand-mile HVDC line carrying thousands of megawatts might lose 6 to 8 percent of its power, compared to 12 to 25 percent for a similar AC line. And HVDC would require fewer lines along a route. That made it better suited to places where electricity must be transmitted extraordinarily long distances from power plants to urban areas. It also is more efficient for underwater electricity transmission.

In recent years, companies such as ABB and Germany's Siemens have built a number of big HVDC transmission projects, like ABB's 940-kilometer (584-mile) line that went into service in 2004 to deliver power from China's massive Three Gorges hydroelectric plant to Guangdong province in the South. In the United States, Siemens for the first time ever installed a 500-kilovolt submarine cable, a 65-mile HVDC line, to take additional power from the Pennsylvania/New Jersey grid to power-hungry Long Island. (Related: "Can Hurricane Sandy Shed Light on Curbing Power Outages?") And the longest electric transmission line in the world, some 2,500 kilometers (1,553 miles), is under construction by ABB now in Brazil: The Rio-Madeira HVDC project will link two new hydropower plants in the Amazon with São Paulo, the nation's main economic hub. (Related Pictures: "A River People Await an Amazon Dam")

But these projects all involved point-to-point electricity delivery. Some engineers began to envision the potential of branching out HVDC into "supergrids." Far-flung arrays of wind farms and solar installations could be tied together in giant networks. Because of its stability and low losses, HVDC could balance out the natural fluctuations in renewable energy in a way that AC never could. That could dramatically reduce the need for the constant base-load power of large coal or nuclear power plants.

The Need for a Breaker

Until now, however, such renewable energy solutions have faced at least one daunting obstacle. It's much trickier to regulate a DC grid, where current flows continuously, than it is with AC. "When you have a large grid and you have a lightning strike at one location, you need to be able to disconnect that section quickly and isolate the problem, or else bad things can happen to the rest of the grid," such as a catastrophic blackout, explains ABB chief technology officer Prith Banerjee. "But if you can disconnect quickly, the rest of the grid can go on working while you fix the problem." That's where HVDC hybrid breakers—basically, nondescript racks of circuitry inside a power station—could come in. The breaker combines a series of mechanical and electronic circuit-breaking devices, which redirect a surge in current and then shut it off.  ABB says the unit is capable of stopping a surge equivalent to the output of a one-gigawatt power plant, the sort that might provide power to 1 million U.S. homes or 2 million European homes, in significantly less time than the blink of an eye.

While ABB's new breaker still must be tested in actual power plants before it is deemed dependable enough for wide use, independent experts say it seems to represent an advance over previous efforts. (Siemens, an ABB competitor, reportedly also has been working to develop an advanced HVDC breaker.)

"I think this hybrid approach is a very good approach," says Narain Hingorani, a power-transmission researcher and consultant who is a fellow with the Institute of Electrical and Electronics Engineers. "There are other ways of doing the same thing, but they don't exist right now, and they may be more expensive."

Hingorani thinks the hybrid HVDC breakers could play an important role in building sprawling HVDC grids that could realize the potential of renewable energy sources. HVDC cables could be laid along the ocean floor to transmit electricity from floating wind farms that are dozens of mile offshore, far out of sight of coastal residents. HVDC lines equipped with hybrid breakers also would be much cheaper to bury than AC, because they require less insulation, Hingorani says.

For wind farms and solar installations in the Midwest and Rocky Mountain regions, HVDC cables could be run underground in environmentally sensitive areas, to avoid cluttering the landscape with transmission towers and overhead lines. "So far, we've been going after the low-hanging fruit, building them in places where it's easy to connect to the grid," he explains. "There are other places where you can get a lot of wind, but where it's going to take years to get permits for overhead lines—if you can get them at all—because the public is against it."

In other words, whether due to public preference to keep coal plants out of sight, or a desire to harness the force of remote offshore or mountain wind power, society is still seeking the least obtrusive way to deliver electricity long distances. That means that for the same reason Edison lost the War of the Currents at the end of the 19th century, his DC current may gain its opportunity (thanks to technological advances) to serve as the backbone of a cleaner 21st-century grid. (See related story: "The 21st Century Grid: Can we fix the infrastructure that powers our lives?")

This story is part of a special series that explores energy issues. For more, visit The Great Energy Challenge.


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Cliffhanger: Can They Get to 'Yes'?












There are all sorts of theories floating around Washington about what kind of deficit reduction deal Democrats and Republicans eventually cut and when and how they get there.


And, nearing the end of a week when little progress appears to have been made, one thing is certain: Americans are worried about the consequences of going over the fiscal cliff.


According to a new Quinnipiac University poll out this morning, voters by a 47 to 23 percent margin said that the consequences of falling off the cliff, which include deep spending cuts and painful tax hikes, would be bad for the economy. And even more -- 53 percent -- said lawmakers' failure to avoid the cliff would be "bad for their personal financial situation" compared to just 13 percent who said it wouldn't.


What's more, President Obama and Democrats head into the final weeks before Christmas operating from a position of relative strength, at least when it comes to public opinion.


Read: What national "fiscal cliff" polls tells us (and what they don't)


Obama's post-election job approval rating stands at 53 percent, according to the latest Quinnipiac numbers (40 percent disapprove), and 53 percent of voters also said they trust the president and Democrats more than Republicans to work out a deal in the deficit negotiations.
But the question of how that happens is another matter altogether. Some Republicans say that the best option is to simply get President Obama and House Speaker John Boehner in a room together and wait for them to hammer out a deal mano-a-mano.




In an interview this week with Bloomberg News, President Obama disagreed.


"I don't think that the issue right now has to do with sitting in a room," he told Bloomberg's Julianna Goldman. "The issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms in entitlements that I'm prepared to make, that we're going to have to see the rates on the top two percent go up. And we're not going to be able to get a deal without it."


Related: Can the mortgage deduction survive the fiscal cliff?


Nevertheless, House Republican Whip Rep. Kevin McCarthy, R-Calif., called on the president to lead and predicted that we are entering a crucial phase of the talks -- despite the fact that some lawmakers are leaving town for a long weekend.


"If you want the answer to solving the fiscal cliff, the House has put an offer on the table and the president now has to engage," McCarthy said at a news conference yesterday. "I think the next 72 hours are critical. If he sits back and continues to play politics that will give you your answer to where we are going. This is an opportunity for this country to lead. This is an opportunity for the president to lead."


And Speaker Boehner assured that he would "be available at any moment to sit down" with the president "to get serious about solving this problem." (President Obama and Boehner spoke by telephone yesterday).


In the end, more Americans are rooting for compromise rather than collapse: By a 48 to 43 percent margin, voters surveyed in today's Quinnipiac poll predicted that President Obama and Congress would reach agreement to avoid the cliff by the end of the year.



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The butterfly effect – in giant balloons



Kat Austen, CultureLab editor



HB-Saraceno-27.jpg

On Space Time Foam (Image: courtesy of Fondazione HangarBicocca; photography by Alessandro Coco)



See more in our gallery: "The universal art of networking"



"I HAVE always been fascinated by the butterfly effect," says Tomás Saraceno. "A butterfly's movement here will make a storm somewhere else."



An artist and architect trained in Buenos Aires, Argentina, Saraceno sees the world as a vast interconnected network, a notion that pervades his work. His 2010 installation, 14 Billion, for example, is a collection of beautifully interlinked hand-knotted strands, designed so that disruption to any one thread affects the whole piece. It was the fruit of a collaboration with scientists he met during a residency at NASA's Ames Research Center in California.








In an earlier work, Saraceno took inspiration from the three- dimensional structure of webs spun by spiders such as the black widow. He teamed up with researchers to develop models of such webs, then used these models to create 14 Billion, which represents galaxy formation at the start of the universe.



Saraceno's latest work, On Space Time Foam (pictured), now on display at HangarBicocca in Milan, Italy, uses malleable surfaces to explore interconnections between individuals. Constructed of huge transparent balloons that overlap on different levels in the cavernous former factory, the piece allows the audience to experience the invisible links that bind us together by collectively walking, lying or scrambling on the sculpture. "It is a big ecosystem... it makes people aware of their coexistence," he says.



Saraceno not only takes inspiration from science, but also inspires his collaborators to ask new questions. After his NASA residency, he and colleagues submitted a joint proposal to do experiments with spiders on the International Space Station. The proposal was ultimately unsuccessful, but there are likely to be new science-inspired projects on the horizon: Saraceno has just finished a residency at the Massachusetts Institute of Technology.


On Space Time Foam by Tomás Saraceno, HangarBicocca, Milan, Italy, until 3 February 2013



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AA to introduce new advanced defensive driving course






SINGAPORE: The Automobile Association of Singapore (AA) plans to introduce a new advanced defensive driving course, as part of its continuing efforts to promote safe driving and safer roads.

Speaking at the AA's 105th charity gala dinner held at the Ritz-Carlton Millenia Singapore, AA president Bernard Tay said that the association will be working with the authorities on the curriculum.

No timeline was announced for the course. AA holds defensive driving courses for the public once a year with the next one expected in June or July next year.

Some driving schools in Singapore such as the Bukit Batok driving centre currently conduct a day course on defensive driving, which includes skid planning and emergency planning. At Woodlands Driving school, defensive driving is included in their basic driving courses.

Mr Tay also announced that S$700,000 had been collected for three beneficiaries - the Singapore Road Safety Council, the Teck Ghee Citizens' Consultative Committee Community Development & Welfare Fund and the National Arthritis Foundation.

The event was graced by Prime Minister Lee Hsien Loong and Members of Parliament Cedric Foo, Hri Kumar Nair and Lam Pin Min.

Mr Lee noted the growth of the AA from 56 members in 1907 to over 83,000 members today.

"We are a completely different world but it's a world where there's still a role for AA to serve their members, to educate them on road safety, provide them with services," said Mr Lee. - TODAY



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#askpontifex meme takes off before pope's first tweet



The Pope has already racked up nearly half a million followers in eight languages ... and a long queue of queries.



(Credit:
Screenshot by CNET)


Pope Benedict XVI has signed up for Twitter and though the pontiff has yet to bestow his first tweet upon us, he's racked up nearly half a million followers.


He is also already facing a backlog of questions -- ranging from sincere to raunchy -- from the faithful and the not-so-faithful alike.


Twitter made the announcement Monday that the Pope's personal Twitter handle was live and that Vatican City's most famous resident would be taking questions via the #askpontifex hashtag, some of which will be answered by the pontiff himself during a live tweeting session on December 12.


Twitter and the Vatican's communications staff have made it pretty clear that Benedict is only interested in receiving questions on matters of faith. But as the resulting avalanche of one-liners and downright rudeness reveal, more people on Twitter seem to practice irreverence than Catholicism. My favorite of the bunch so far:




In fact, it's pretty difficult to find many sincere questions on matters of faith (in English, anyway -- some of the Spanish queries seem to be less ironic and cynical) in the #askpontifex stream. Even the horrified tweets of the more respectful bystanders seem to outnumber actual, earnest questions:




I think you're right, Mr. Suess. And by the way, I hope that once you've wrapped up your master's you continue on to get your doctorate so we can call you, well ... you know.


Oh my goodness, the irreverence is contagious. My apologies. Better just sign off here and let some of the more clever questions for the Pope speak for themselves:












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Scientific Results From Challenger Deep

Jane J. Lee


The spotlight is shining once again on the deepest ecosystems in the ocean—Challenger Deep in the Mariana Trench (map) and the New Britain Trench near Papua New Guinea. At a presentation today at the American Geophysical Union's conference in San Francisco, attendees got a glimpse into these mysterious ecosystems nearly 7 miles (11 kilometers) down, the former visited by filmmaker James Cameron during a historic dive earlier this year.

Microbiologist Douglas Bartlett with the University of California, San Diego described crustaceans called amphipods—oceanic cousins to pill bugs—that were collected from the New Britain Trench and grow to enormous sizes five miles (eight kilometers) down. Normally less than an inch (one to two centimeters) long in other deep-sea areas, the amphipods collected on the expedition measured 7 inches (17 centimeters). (Related: "Deep-Sea, Shrimp-like Creatures Survive by Eating Wood.")

Bartlett also noted that sea cucumbers, some of which may be new species, dominated many of the areas the team sampled in the New Britain Trench. The expedition visited this area before the dive to Challenger Deep.

Marine geologist Patricia Fryer with the University of Hawaii described some of the deepest seeps yet discovered. These seeps, where water heated by chemical reactions in the rocks percolates up through the seafloor and into the ocean, could offer hints of how life originated on Earth.

And astrobiologist Kevin Hand with the Jet Propulsion Laboratory in Pasadena, California, spoke about how life in these stygian ecosystems, powered by chemical reactions, could parallel the evolution of life on other planets.


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Majority Back Clinton for Presidential Bid in 2016


ap hillary clinton jp 121204 wblog Hillary Clinton Wins High Popularity, Majority Support for a 2016 Bid

Kevin Lamarque/AP Photo


Carried by a new high in personal popularity and broad approval of her work as secretary of state, Hillary Clinton closes out her diplomatic career with majority support as a candidate for president in 2016.


Fifty-seven percent in the latest ABC News/Washington Post poll say they’d back a run by Clinton to succeed Barack Obama, vs. 37 percent opposed. That includes a broad gender gap – 66 percent support for Clinton among women, dropping to 49 percent among men.


See PDF with full results, charts and tables here.


Clinton is expected to step down soon from her leadership of the State Department, a position she accepted after narrowly losing the Democratic presidential nomination to Obama in 2008. She’s demurred on the prospect of another bid for the presidency.


Clinton’s fared well during her tenure at State; 68 percent approve of her work, second only to Colin Powell among the last five secretaries of state. (He managed a remarkable 85 percent approval in 2002 and 2003.) Similarly, two-thirds in this poll, produced for ABC by Langer Research Associates, see Clinton favorably overall, numerically a new high in her long public career as first lady, U.S. Senator, presidential candidate and top U.S. diplomat.


Clinton’s recovered from personal favorability as low as 44 percent in April 2008, during her presidential run; she also dropped that low in June 2003, when she was discussed as a possible candidate in the 2004 presidential race, and in June 1996, during the Whitewater controversy. Those dips underscore the potential risks should she climb back into the political fray.


In another sign of the challenges of a political candidacy, intensity of sentiment is better for Clinton personally, and as secretary of state, than it is for her as a candidate. Her “strongly” favorable rating and strong approval of her job performance outnumber her strong negatives, in both cases, by more than 2-1 margins. Strong support for her as a candidate also outweighs strong opposition, but much more narrowly, by 9 percentage points, 36 to 27 percent.


2016 and GROUPS – Politics are comparative, so actual support for Clinton as a candidate would depend more than anything on her opponents, in the Democratic primaries and general election alike. That said, having 57 percent willing to give you a look (55 percent among registered voters) is not a bad starting point – and the differences among groups are telling.


In addition to the gender gap there are sharp differences between age and racial groups, generally similar to Obama’s support patterns. Young adults, age 18 to 29, support Clinton for president by nearly 2-1; that falls to an even split among seniors. And while she gets 52 percent support among whites, that jumps to 70 percent among nonwhites, a strongly Democratic group.


Clinton does less well among nonwhites than did Obama, who won re-election with 80 percent of their support last month. That said, while majorities of white men and married men say they’d oppose a Clinton candidacy, she’s backed by more than six in 10 white women and married women – two groups that Obama lost.


Among other groups, support for Clinton in 2016 tops out at eight in 10 Democrats and liberals, vs. 23 and 24 percent of Republicans and strong conservatives, respectively. About two-thirds of moderates and six in 10 independents say they’d support a Clinton candidacy.


It’s hard to see Clinton winning 23 percent of Republicans in an actual campaign; no Democrat has come close to that mark in exit polls dating back 36 years. That’s another sign that, while currently her numbers are positive, actually running for president can be messier than it looks from a popular perch at Foggy Bottom.


METHODOLOGY – This ABC News/Washington Post poll was conducted by landline and cell phone Nov. 28-Dec. 2, 2012, among a random national sample of 1,020 adults. Results have a margin of sampling error of 4 points. The survey was produced for ABC News by Langer Research Associates of New York, N.Y., with sampling, data collection and tabulation by SSRS/Social Science Research Solutions of Media, Pa.

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Battling nature in your backyard



Phil McKenna, contributor



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(Image: Shattil & Rozinski/Naturepl.com)


Your yard is the new frontier as wildlife returns to the suburbs. In Nature Wars, Jim Sterba calls for a shift from conservation to culling to win back territory



BEARS are at the bird feeder and gangs of turkeys terrorise the suburbs. In Nature Wars, author Jim Sterba takes readers on a fascinating journey to the front lines of the human versus wildlife conflicts erupting in backyards across the US.



What makes Nature Wars a must read, however, is that it brings to light one of the greatest environmental success stories ever told. We are bombarded with dire environmental reports - the disappearing Amazon or dwindling tiger populations - creating what Sterba calls a "mental narrative of loss". Yet from the vantage of a cottage on the edge of New York City, he finds the opposite problem. On a wooded lot that was once a family farm, he encounters a menagerie of turkeys, Canada geese and herds of deer so thick he can hardly step outside. If anything, Sterba argues, we are suffering from too much of a good thing.







Nature_Wars.jpg

A reporter for The New York Times and The Wall Street Journal, Sterba digs into dramatic yet largely overlooked changes in the landscape of the US over the last several hundred years.



Prior to the arrival of European settlers, Sterba tells us, the largest tree-covered landscape in what is now the US was the Great Eastern Forest, an area stretching from Maine to Alabama that made up an estimated 75 per cent of the nation's tree cover.



Settlers cleared the woods for farming and fuel until the prospect of running out of trees threatened national stability. Marginal land once cleared for farming was abandoned, oil and coal were discovered as replacements for firewood, and a slow, almost imperceptible regeneration of woodlands began. Today, trees cover two-thirds of the original Great Eastern Forest.



Mirroring the decline and regrowth of the nation's forests was a mass extermination and subsequent rebound of wildlife. By 1890 white-tailed deer were reduced to an estimated 350,000 individuals, just 1 per cent of the population thought to exist before the arrival of Europeans. Today, thanks to forest regeneration and intensive conservation efforts, deer in the US number around 30 million. Turkey and black bear populations have followed a similar arc.



Burgeoning wildlife populations are an extraordinary environmental success but the spread of suburbanites across the landscape means animals now have to contend with new denizens. By 2000 the majority of people in the US lived not in cities or on farms but in the vast area in between.



So how does the convergence of so many wild creatures and humans play out? Sterba offers as an example the community of Princeton Township in New Jersey, home to Princeton University and the Institute for Advanced Study. The woods surrounding both institutions were so overrun with deer that vehicle collisions and Lyme disease posed serious risks to human health.



When the township employed a team of sharpshooters to cull the deer population, candlelight vigils ensued. The local animal control officer started wearing a bulletproof vest after his cat was crushed to death and his dog was poisoned. Deer guts were splattered on the mayor's car, but the cull continued.



The idea of wildlife overabundance may be difficult to accept. But accept it we must, says Sterba. Environmentalists must shift from a mindset of preservation to one of wise use. This includes selective logging, culling and even embracing a long-standing taboo - fur clothing. After a century of conservation, wise use will be a tough sell, but Nature Wars makes me want to pick up a gun and learn how to hunt.



Book information
Nature Wars: The incredible story of how wildlife comebacks turned backyards into battlegrounds by Jim Sterba
Crown
£17.99/$26


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Asian hedge fund industry faces challenges ahead






SINGAPORE: Hedge fund managers said industry consolidation and increased regulatory oversight with accompanying costs are the top two challenges facing the industry in the next one to two years.

This is according to a pool of 100 hedge fund managers interviewed by accounting firm, Ernst and Young.

Many also pointed to a downward pressure on fees, resulting in a drop in revenues.

Hedge funds are investment funds that generally only open to institutions and sophisticated investors specified by regulators and use advanced investment strategies such as leveraged, long, short and derivative positions.

According to Eurekahedge, an investment funds research house, specialising in hedge fund databases, Asian hedge funds may be delivering an annualised returns of 9 percent since 2008, but things are not looking all that rosy for the industry.

More than 70 hedge funds in Asia have shut down this year, with more expected to close shop next year.

Eurekahedge's head of Analysis and Research, Farhan Mumtaz, said: "Returns are performance-based, so if they are performing well, it does not necessarily mean they would be making a lot of cash for themselves especially if they have a smaller asset base.

"Since 2008, a number of hedge funds remain below their high water mark."

The slowdown in the US and the sovereign debt situation in Europe have made matters worse for hedge funds in Asia as asset flows dried up because of risk aversion.

This year, Asia's hedge funds are estimated to have managed some US$126 billion -- a drop of almost 30 percent from 2007.

But the number of hedge funds operating in Asia remain almost unchanged, standing at 1,319 for the three quarters of 2012, compared to 1,317 for the whole of 2011.

Mr Mumtaz said: "It is a fluid situation, there will obviously new start-ups. We expect that trend to continue for one reason, banks themselves are not doing too well -- their trading operations are at risk of closing. So, when that's closed, to pre-empt that, traders might start their own hedge funds."

However, industry tracker, Eurekahedge expects the asset size of Asian hedge funds to grow 7 percent next year to US$135 billion as risk appetite recovers.

Ernst and Young's partner for Assurance and Financial services, Brian Thung, said: "Investment performance is a very key criteria for the investors.

"However, the investors also need to understand or they want to understand how would the managers be having an operational model that would allow them to create this kind of returns that investors crave for."

According to Ernst and Young, hedge funds continue to face a squeeze on margins, particularly on fees and often in return for large mandates and lock-up periods.

- CNA/lp



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Apple nabs former TI engineers for chip push, report says



Apple's A6 chip, which is designed by Apple and manufactured by Samsung.

Apple's A6 chip, which is designed by Apple but manufactured by Samsung.



(Credit:
Apple)


Reports suggest that Apple is in the hunt for former Texas Instruments engineers in Israel, in a bid to expand its operations in the country.


According to sources speaking to The Next Web, Apple has been hiring "dozens" of engineers after the chipmaker cut 250 jobs from one of its Israeli operations center.


Apple is ramping up its efforts to build research and development centers in Herzliya and Haifa, the report said.


TI this month announced a round of redundancies, in the region of 1,700 employees worldwide, as it aims to pull out of the consumer market while focusing on embedded systems. The company aims to focus on selling its chip technology into embedded markets and the automotive sector.


According to the report, the engineers were working on radio chips, such as those supporting Bluetooth and Wi-Fi technology, used in a number smartphones and
tablets. But TI began to wind down its OMAP operations -- or Open Multimedia Applications Platform, a system-on-a-chip (SoC) used in such products as the
Kindle Fire -- while shifting its research and developments efforts back to the U.S.




Earlier this year, Apple was reportedly on the lookout for talent for its Israel research and development center in Haifa, including recruiting new employees.


Last month, amid the departure of iOS chief Scott Forstall, Apple's top executive team was shaken up, and hardware engineering chief Bob Mansfield was pulled out of retirement to head up the Cupertino, Calif.-based technology giant's Technologies unit.


The new division is understood to oversee the company's wireless networking efforts, along with its chipmaking business, giving Apple an opportunity to turn its chip design and building efforts in-house, cutting out smartphone rival Samsung, which currently manufacturers chips for the company, and gaining a firmer grip on its increasingly leaky supply chain.


We've put in questions to Apple, and we will update the post if we hear back.


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Insiders Reveal 2012 Election Secrets


ht obama romney meeting wy 121129 wblog New Revelations From Obama/Romney Campaign on Immigration, Facebook and That Eastwood Speech

Pete Souza/White House


The 2012 election cycle came full circle last week when representatives from the Obama and Romney campaigns, as well as top advisers to many of the GOP primary candidates and several influential outside groups, gathered at the Harvard Kennedy School of Government for a 2012 debrief — finally answering some of the lingering questions about the race.


On neutral ground in Cambridge, Mass., fierce rivals (think Romney campaign manager Matt Rhoades and strategist Stuart Stevens and Obama campaign manager Jim Messina and strategist David Axelrod) met for the first time since the election — and many for the first time ever.


The conference, organized by Harvard’s Institute of Politics, featured a who’s who of political bold-faced names from campaign 2012, including senior campaign aides like Romney political director Rich Beeson and pollster Neil Newhouse, Obama deputy campaign manager Stephanie Cutter and digital director Teddy Goff, Rick Santorum adviser John Brabender, former Rick Perry campaign operatives Rob Johnson and Dave Carney and even Mark Block, who ran Herman Cain’s short-lived but much-talked-about presidential bid.


Representatives from the outside groups that had so much influence — and spent so much money — on the election were also on hand, including Bill Burton, senior strategist for the pro-Obama super PAC, Priorities USA Action; Steven Law, head of the pro-Republican group American Crossroads; and Tim Phillips, president of the conservative Americans for Prosperity.


Dozens of campaign 2012 veterans and journalists were on hand for the sessions, which covered the GOP primary, the general election, campaign strategy, the debates, conventions and the emerging power of the super PACS.


Here are some of the highlights from the conference:


Romney’s Campaign Concedes Immigration Position in Primary Was a Mistake


Mitt Romney’s decision to take a hard-line stance on immigration during the GOP primary was considered a big reason for his paltry 27 percent showing among Latino voters. But, the conventional wisdom has suggested that Romney couldn’t have won the primary without drawing a strong contrast with Texas Gov. Rick Perry on this hot-button issue.


Romney campaign manager Matt Rhodes, however, says that his candidate could have won the primary without attacking Perry’s support for in-state tuition for illegal immigrants.  When asked by panel moderator Jonathan Martin of Politico whether he “regret[s] trying to outflank Perry on the right on immigration,” Rhoades took a long pause, and then shifted the conversation to Perry’s controversial statements about Social Security. Romney had attacked the Texas governor for calling the popular entitlement program a “Ponzi scheme” and a “failure.”


“In retrospect,” Rhoades said. “I believe we probably could have just beaten Perry with the Social Security hit.”


So while Rhoades never said he wished that Romney had never uttered the words, “self-deportation” he essentially conceded that he regrets the immigration position the governor took in the primary.


The Obama Campaign Only Fully Committed to Florida in Mid-September


If there was one state that the Romney campaign felt confident they were going to win it was Florida. And, until mid-September, the Obama campaign wasn’t convinced that they were going to contest the state. That changed in the aftermath of the strong convention in Charlotte, however, and the Obama campaign decided that they were going to go “full out” to win there.


Obama campaign strategist David Axelrod:


“One of the things that we had discussed internally was the state of Florida and how we were going to treat Florida. We had made a decision that we were going to wait until mid September and after the conventions to see where we were in Florida before we fully committed. We were in, we had invested a lot, but we hadn’t been in the Miami media market. When we emerged from conventions not only had we gotten a little bump, but we saw Florida remained very competitive and made the decision to go full out in Florida.”


Team Romney Never Read Clint Eastwood Speech


Romney strategist and convention director Russ Schrieffer was asked by panel moderator Ron Brownstein of National Journal if anyone actually read a copy of Eastwood’s speech. The answer: not so much.


Russ Schrieffer: “I said [to Eastwood] are you going to do what we talked about, are you going to talk about what you talked about at these fundraisers. And he looked at me and said.. ‘Yep.’ ”


Laughter followed Schrieffer’s comments to which he replied:


“It’s Clint Eastwood, you argue with him.”


Republicans Are Worried (And Rightly So) About the Technology Gap With Democrats: 


Jon Huntsman’s campaign manager Matt David noted that “one area we should freak out about is technology. The GOP is far behind there.”


The Obama campaign used social media as a means to an end — using technology as a way to recruit, persuade, target and turn out voters.  Obama’s digital campaign guru Teddy Goff pointed to the power of Facebook in helping to find a previously unreachable group of potential voters: the friends of those who were already voting for the President.


In 2008, said Goff, they found that “99 percent of our email list voted.” As such, Goff said, “We entered into this election, with an understanding that anyone we were talking to directly, the vast majority were voting for us. So the question was … how can we serve them with stuff that will make them go out and get their friends.” And, Obama’s Facebook fans were a great place to start. Obama’s 33 million Facebook fans globally are friends with 98 percent of the U.S. Facebook population, Goff said.


Facebook also helped the campaign track down their coveted 18-to-29-year-old cohort. Goff explained that they were unable to reach half of their 18-to-29 GOTV targets by phone because they didn’t have a phone number for them. But, he said, they could reach 85 percent of that group via a Friend of Barack Obama on Facebook. “We had an ability to reach those people who simply otherwise couldn’t be reached,” Goff said.


Was the Romney High Command Really and Truly Shocked on Election Night? 


Neil Newhouse, Romney pollster:


“Here’s what we saw in the data: you have to give credit to the Obama campaign for undercutting it. We saw in the last two weeks, an intensity advantage, a campaign interest advantage, an enthusiasm advantage for Republicans and Mitt Romney. … Just the same as we saw four years ago on behalf of Barack Obama. We thought it would tilt the partisan make-up of the electorate a couple points in our direction.


“We weren’t surprised by racial composition; we were surprised by the partisan composition. … The real hidden story here on our side, the number of white men who didn’t vote in this election compared to four years ago was extraordinary. And these white men were replaced by white women. We were taking a group we won by 27 points and replacing them with a group we won by 12-14 points.”


Perry Should Have Waited Until Late Fall, Not Summer, to Jump In:


Perry strategist Dave Carney said the biggest tactical mistake made by Perry was that “we should have started years ago.” Perry, as governor in a state with a part-time legislature, “had a lot of time on his hands” — he should have used that time, and his role as RGA chair, to meet donors and travel the country before 2011. Once Perry decided to get in, however, Carney argues the Perry should have waited until mid-October or November to get into the race. That extra few months, said Carney, “would have given us more time to be prepared and do the groundwork that was necessary on the issues.”


What Role Did Karl Rove Play With Republican Outside Groups Like American Crossroads, Which He Co-founded?


Steven Law, president and CEO of American Crossroads and president CrossroadsGPS:


“Karl … recognized it was really important to not simply have an organization exist in a particular cycle for a tactical use but to … start to build enduring institutional strength on the right the way that we saw the unions providing that for the Democrats. … And then there were certain other parts that I think Karl really gets credit for. The first is encouraging us to reach out to other center-right groups and to try to start to collaborate where we were legally permitted to do so to share information and encourage people to pull the oars in the same direction. On the fundraising side both he and Ed [Gillespie] and then later on Haley Barbour were all tremendously instrumental in harvesting their Rolodexes and relationships. Karl is a guy that’s got tremendously good ideas, and again, not so much on the tactical side but more kind of broad strategic moments and was a tremendously useful and valuable source of ideas along the way.”


Bill Burton, senior adviser, Priorities USA Action:


“He also helped us raise money. I probably e-mailed out every one of his columns to our donors — our high-dollar list — to point out what they were saying on the Republican side and how confident Rove was. … When he would go on TV bursting with confidence about Romney winning, that little click went around every single time. Karl Rove is an enduring figure for both sides.”


After Rove’s Appearance on Fox News on Election Night, Is He Discredited Within the Republican Party?


Steven Law:


“Absolutely not. We all get our turn in the barrel.”

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