A Short To-Do List for Intel’s Next CEO

With Paul Otellini heading in May to the nearest 18-hole course, speculation is rampant about who will replace him. That’s a parlor game this post isn’t going to get into (although you can see a good roundup of likely candidates here). But no matter who gets the job, the new chief executive officer of Intel (INTC) has a refreshingly brief and direct list of priorities for the months and years ahead.

Evercore analyst Patrick Wang put it best: “Intel’s new CEO has one task and one task only,” he said. “Succeed in mobile.”

There’s no doubt that Otellini has fulfilled Intel’s primary objective of dominating PCs and laptops. Though Intel’s competitor, Advanced Micro Devices (AMD), proved an able (and at times, superior) rival, that marketplace has settled into a fairly stable picture, with Intel continuing to command nearly 80 percent of the processors in notebooks and desktops.

But in mobile, the chipmaker serves less than 1 percent of the market. There, Intel has ceded ground to designs from British chip designer ARM (ARM:LN). ARM chips are made by Samsung (005930:KS), Qualcomm (QCOM), Nvidia (NVDA), and others and are in just about every smartphone and tablet you can think of. Here, Intel has a steep hill to climb. “The new CEO’s job is to grow mobile market share to somewhere north of 25 percent,” says Patrick Moorhead, a former AMD executive and now an industry analyst. According to Moorhead, Intel is not lacking technologically. “After two failed attempts at developing a mobile processor,” he says, “Medfield [Intel's latest mobile processor] shows they can create a competitive mobile product.”

But a manufacturer also has to sell what it makes, and that’s where things can get a little tricky for Intel. For starters, you have Samsung, the dominant manufacturer in mobile. Samsung is also the world’s second-largest semiconductor manufacturer, so it’s going to continue making chips for itself. Apple (AAPL) takes up another big chunk of the mobile and tablet market: Its processors are designed in-house, but manufactured by Samsung.

That leaves Intel with the not-Samsung/not-Apple part of the mobile market to go after. But it’s not even this simple, because that territory is already being fought over by Qualcomm, Nvidia, and Chinese manufacturers such as Fuzhou Rockchip Manufacturing. “Those Chinese manufacturers can do things so cheaply to satisfy domestic Chinese demand, ” says Wang. “Even Qualcomm and Nvidia can’t touch them.”

Everyone who follows Intel knows it remains the company to beat when it comes to technology and manufacturing ability. The company’s new CEO can rest assured that those parts of the company are where they need to be. But the mobile market is so competitive, with so many new players, that having a great product is only half the battle.

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Rebels in Congo reach door of Goma

GOMA, Congo (AP) — A Rwandan-backed rebel group advanced to within 3 kilometers (1.8 miles) of Goma, a crucial provincial capital in eastern Congo, marking the first time that rebels have come this close since 2008.

Congolese army spokesman Col. Olivier Hamuli said the fighting has been going on since 6 a.m. Sunday and the front line has moved to just a few kilometers (miles) outside the city. After more than nine hours of violent clashes the two sides took a break, with M23 rebels establishing a checkpoint just 100 meters (yards) away from one held by the military in the village of Munigi, exactly 3 kilometers (1.8 miles) outside the Goma city line.

Contacted by telephone on the front line, M23 rebel spokesman Col. Vianney Kazarama said the group will spend the night in Goma.

“We are about to take the town. We will spend the night in Goma tonight,” said Kazarama. “We are confident that we can take Goma and then our next step will be to take Bukavu,” he said mentioning the capital of the next province to the south.

The M23 rebel group is made up of soldiers from a now-defunct rebel army, the National Congress for the Defense of the People, or CNDP, a group made-up primarily of fighters from the Tutsi ethnic group, the ethnicity that was targeted in Rwanda‘s 1994 genocide. In 2008, the CNDP led by Rwandan commando Gen. Laurent Nkunda marched his soldiers to the doorstep of Goma, abruptly stopping just before taking the city.

In the negotiations that followed and which culminated in a March 23, 2009 peace deal, the CNDP agreed to disband and their fighters joined the national army of Congo. They did not pick up their arms again until this spring, when hundreds of ex-CNDP fighters defected from the army in April, claiming that the Congolese government had failed to uphold their end of the 2009 agreement.

Reports, including one by the United Nations Group of Experts, have shown that M23 is actively being backed by Rwanda and the new rebellion is likely linked to the fight to control Congo’s rich mineral wealth.

The latest fighting broke out Thursday and led to the deaths of 151 rebels and two soldiers. On Saturday U.N. attack helicopters targeted M23 positions in eastern Congo.

Also on Saturday, United Nations Secretary-General Ban Ki-Moon had called Rwandan President Paul Kagame “to request that he use his influence on the M23 to help calm the situation and restrain M23 from continuing their attack,” according to peacekeeping chief Herve Ladsous who spoke at the U.N. headquarters in New York on Saturday.

North Kivu governor Julien Paluku said Saturday that the Congolese army had earlier retreated from Kibumba, which is 30 kilometers (19 miles) north of Goma, after thousands of Rwandans, who he says were backing the rebels, attacked early Saturday.

“Rwandan forces bombarded our positions in Kibumba since early this morning and an estimated 3,500 crossed the border to attack us,” he said Saturday.

In downtown Goma, panicked residents had come out to try to get more information on what was happening. A 45-year-old mother of five said that she has nowhere to go.

“I don’t really know what is happening, I’ve seen soldiers and tanks in the streets and that scares me,” said Imaculee Kahindo. Asked if she planned to leave the city, she said: “What can we do? I will probably hide in my house with my children.”

Hamuli, the spokesman for the Congolese army, denied reports that soldiers were fleeing.

In 2008 as Nkunda’s CNDP rebels amassed at the gates of Goma, reporters inside the city were able to see Congolese soldiers running in the opposite direction, after having abandoned their posts. The Congolese army is notoriously dysfunctional with soldiers paid only small amounts, making it difficult to secure their loyalties during heavy fighting.

“We are fighting 3 kilometers from Goma, just past the airport. And our troops are strong enough to resist the rebels,” said Hamuli. “We won’t let the M23 march into our town,” he said. Asked if his troops were fleeing, he added: “These are false rumors. We are not going anywhere.”

U.N. peacekeeping chief Ladsous said that the rebels were very well-equipped, including with night vision equipment allowing them to fight at night.

Reports by United Nations experts have accused Rwanda, as well as Uganda, of supporting the rebels. Both countries strongly deny any involvement and Uganda said if the charges continue it will pull its peacekeeping troops out of Somalia, where they are playing an important role in pushing out the Islamist extremist rebels.

The U.N. Security Council called for an immediate stop to the violence following a two-hour, closed-door emergency meeting. The council said it would add sanctions against M23 rebels and demanded that rebels immediately stop their advance toward the provincial capital of Goma.

“We must stop the M23″ because Goma’s fall “would, inevitably, turn into a humanitarian crisis,” said France‘s U.N. Ambassador, Gerard Araud. He added that U.N. officials would decide in the coming days which M23 leaders to target for additional sanctions.

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Associated Press writer Maria Sanminiatelli at the United Nations and Rukmini Callimachi in Dakar, Senegal, contributed to this report.

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Singing stars arrive for American Music Awards

Pink on a song with Lauryn Hill? The pop star hopes so.

Pink said on the red carpet of the American Music Awards that she’d like to collaborate with the acclaimed singer-rapper.

Cyndi Lauper said her musical playlist includes Pink, Nicki Minaj and Carly Rae Jepsen‘s “Call Me Maybe.” Boy band The Wanted is excited to see “Gangnam Style” star PSY and Colbie Caillat wants to watch No Doubt rock the stage.

The stars walking the red carpet before the AMAs were ready to take their seats as fans. Arrivals included Taylor Swift, 50 Cent, Gloria Estefan, Ludacris, Kelly Rowland, Lady Antebellum, J. Cole, Luke Bryan, the Backstreet Boys and Linkin Park.

“What makes the American Music Awards special is the fans choose the winning artists,” said Chester Bennington of Linkin Park, who is nominated for favorite artist alternative rock and will perform at the show.

Carrie Underwood arrived in a magenta dress and Kerry Washington was in a banana Stella McCartney number Sunday. Heidi Klum and Ginnifer Goodwin were also on the scene.

Along with Rihanna, Minaj is the top nominee at Sunday’s American Music Awards, but the rapper-singer isn’t concerned with her four nominations.

“I don’t do music for awards,” the 29-year-old said in an interview. “It’s so crazy because people always have to remind me that I’m nominated for an award when I go to award shows.”

“I know they’re going to come. I’m sitting here looking at my awards right now,” she continued with a laugh. “I never stress it. I think of myself as ‘I’ll have a career long enough to get all those different awards.’”

In the pop/rock category, Minaj is up for favorite female artist and album for “Pink Friday: Roman Reloaded.” She’s also nominated for favorite artist and album in the hip-hop/rap category, two awards she won last year.

Minaj isn’t up for the night’s top award, though. Rihanna, Maroon 5, Drake, Katy Perry and Justin Bieber will battle it out for artist of the year.

But the American Music Awards are all about performances, and Sunday’s show will be no exception. Taylor Swift and Carrie Underwood will perform. Justin Bieber will share the stage with Minaj. Ludacris and Chris Brown will perform with Swizz Beatz. And Stevie Wonder is set to provide the soundtrack for a tribute to the late Dick Clark.

“I’m really going there to perform ‘Freedom,’” Minaj said of her new single. “I’m very, very proud of the record and I’m happy that people are going to get to hear it. I’m performing a hip-hop song on the AMAs, and I think . that’s just a big look for hip-hop.”

Rae Jepsen, Kelly Clarkson and Usher are also among those set to sing during the three-hour program, which is to be broadcast live on ABC.

Other multiple nominees include Usher, Bieber, Drake, Maroon 5 and One Direction, who have three nods each. Perry, Underwood, Brown, Clarkson, Pitbull, fun., Gotye, J. Cole and Luke Bryan are all double nominees.

American Music Awards nominees were selected based on sales and airplay, and fans chose the winners by voting online.

The 40th anniversary show will also include the tribute to Clark, its creator.

“Dick changed the face of music back in the late ’50s,” producer Larry Klein said. “Dick is the one who made rock ‘n’ roll acceptable to come into people’s homes… We’re paying tribute to Dick because of the legacy that he’s left everybody and also the creativity of what he did on this show.”

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AP Entertainment Writer Sandy Cohen contributed to this report from Los Angeles. Follow (at)APSandy’s American Music Award updates at www.twitter.com/APEntertainment.

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Online:

http://beta.abc.go.com/shows/american-music-awards

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Questions of Blame Linger 34 Years After Jonestown

From the age of 13, Leslie Wagner Wilson had been indoctrinated in the California-based Peoples Temple, led by the charismatic Jim Jones, whose mission was to foster racial harmony and help the poor.

But on Nov. 18, 1978, she and a handful of church members fought their way through thick jungle in the South American country of Guyana, escaping a utopian society gone wrong where followers were starved, beaten and held prisoner in the Jonestown compound.

She walked 30 miles to safety with her 3-year-old son, Jakari, strapped to her back and a smaller group of defectors. But just hours later, the mother, sister and brother and husband she left behind were dead.

“I was so scared,” said Wagner, now 55. “We exchanged phone numbers in case we died. I was prepared to die. I never thought I would see my 21st birthday.”

Today, on the 34th anniversary, Wilson said it’s important to remember the California-based Peoples Temple Jonestown massacre, especially the survivors who have wrestled with their consciences for decades.

PHOTOS: Jonestown Massacre Anniversary

Nine members of her family were among the 918 Americans who died that day, 909 of them ordered by Jones to drink cyanide-laced Kool-Aid in the largest ritual suicide in history.

Her husband, Joe Wilson, was one of Jones’ top lieutenants who helped assassinate congressman Leo Ryan and his press crew when they tried to free church members who were being held against their will.

After arriving back in the United States, Wilson said she “went through hell” — three failed marriages, drug use and suicidal thoughts she describes in her 2009 book, “Slavery of Faith.”

“I was like Humpty Dumpty, but you couldn’t put me back together again,” she said.

Survivors, many of them African-American like Wilson, say they felt guilt and shame and faced the most agonizing question surrounding the nation’s single largest loss of life until 9/11: Was it suicide or murder?

Full Coverage: Jonestown Massacre

In the now-famous “death tape,” supporters clapped and babies cried as Jones instructed families to kill the elderly first, then the youngest in protest against capitalism and racism. Mothers poisoned 246 children before taking their own lives.

“We really can’t understand the Peoples Temple without looking at the historical time period when it arose,” said Rebecca Moore, a professor of religious studies at San Diego State University.

“With the liberation movements of the ’60s and ’70s, the collapse of the black-power movement, the Peoples Temple was the main institution in the San Francisco Bay area that promoted a message of integration and racial equality.”

Moore lost her two sisters and her nephew, the son of Jim Jones. “They were hardcore believers,” she said of her siblings.

Jim Jones, who was white, came from a “wrong side of the tracks,” poor background in Indiana where in the 1950s he became known as a charismatic preacher with an affinity for African-Americans.

“A number of survivors, including those who defected, believe to this day he had paranormal abilities,” said Moore, who met him years later. “He could heal them and read their minds.”

In the 1960s, Jones moved to San Francisco, where at the height of the Peoples Temple there were about 5,000 members.

WATCH: A Look Back at Jonestown Massacre

“They wanted my parents to join,” she said. “Like most outsiders, we didn’t have any idea what was happening outside closed doors.”

Jones ingratiated himself with celebrities and politicians, mobilizing voters to help elect Mayor George Moscone in 1975 and becoming chairman of the city’s housing authority.

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Cameron pledges to lower hurdles to growth

LONDON (Reuters) – British Prime Minister David Cameron promised on Monday to slash legal and regulatory obstacles to economic growth, seeking to ward off criticism that the government is doing too little to help companies and revive an ailing economy.

Cameron said he was determined to cut through officialdom and change a risk-averse government culture of consultation, review and audit that hindered enterprise.

“When this country was at war in the 1940s, Whitehall underwent a revolution,” he said, referring to the British government. “Normal rules were circumvented. Convention was thrown out,” Cameron said in advance extracts of a speech to business leaders.

“As one historian put it, everything was thrown at ‘the overriding purpose’ of beating Hitler. Well, this country is in the economic equivalent of war today – and we need the same spirit,” he added.

Cameron’s Conservative-led government has pledged to tackle its budget deficit and has little room to boost Britain’s stagnant growth with extra state spending.

It has instead been seeking to promote a private-sector-led recovery, identifying a series of job-creating infrastructure projects, but has since been frustrated by the slow pace of progress.

Cameron said the government would impose restrictions on the use of a legal process known as judicial review, used increasingly by opponents to delay big infrastructure schemes.

A planned high-speed rail line from London to Birmingham faces five such reviews in court hearings next month from residents and others affected by its construction.

In addition, officials would be barred from introducing costly business regulations unless they withdrew two other bureaucratic rules at the same time, in a doubling of an existing “one-in, one-out” procedure.

Cameron was due to make the remarks to the country’s main business lobby group, the Confederation of British Industry, which has demanded more action to boost the economy.

CBI head John Cridland called on Sunday for Chancellor George Osborne to inject a further 1.5 billion pounds into the economy to stimulate growth when he makes a budget statement in December.

Cridland said London’s successful 2012 Olympics were a model for an infrastructure-led recovery.

“I’d like to see the government bottle what worked with the Olympics, which is we did something on time, on spec – a fabulous construction project,” he told Sky News.

“And do that with a motorway, a big power station, a big offshore wind farm, maybe a tunnel under the Thames (River) for our waste sewerage. Let’s get these things happening,” Cridland added.

($ 1 = 0.6311 British pounds)

(Reporting by Tim Castle, editing by Gary Crosse)

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Jon Stewart tells Bill O’Reilly to stop worrying about loss of “traditional America”

LOS ANGELES (TheWrap.com) – Jon Stewart has a message for Fox News host Bill O’Reilly — chill out about the loss of “traditional America.”

“The Daily Show” funnyman skewered the right-leaning network on Thursday for treating the re-election of President Barack Obama – a victory aided by minority voters – as a cataclysm for the white men who were once in the driver’s seat in America. Stewart implied that this longing on behalf of some of the network’s commentators for a Grover’s Corners past may not be rooted in reality.

“Yes Bill,” Stewart said. “Obama’s re-election marked the moment that traditional America ended. The moment when the family from the 1950s sitcom ‘Leave it to Beaver’ ceased to be real.”

Moreover, Stewart said that ethnic demographics are constantly shifting in the United States and that such changes can be a little troublesome for the folks who were in control.

“You don’t need to worry so much,” Stewart counseled. “What you are demonstrating is the health and vitality of America’s greatest tradition – a fevered, frightened ruling class lamenting the rise of a new ethnically and religiously diverse new class. One that will destroy all that is virtuous and good and bring the American experiment crashing to the ground.”

He added that those rising ethnic groups work so hard so that their children and grandchildren have the opportunity to be intolerant of new immigrant populations. Thus the circle of life continues.

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Gaza hospitals stretched, need supplies to treat wounded: WHO

GENEVA (Reuters) – Gaza hospitals are overwhelmed with casualties from Israel‘s bombings and face critical shortages of drugs and medical supplies, the World Health Organization (WHO) said on Saturday.

The U.N. health agency appealed for $ 10 million from donors to meet the need for drugs and supplies over the next three months.

Officials in Gaza said 43 Palestinians, nearly half of them civilians including eight children, had been killed since Israel began its air strikes. Three Israeli civilians were killed by a rocket fired from the enclave on Thursday.

Israel unleashed its massive air campaign on Wednesday with the declared goal of deterring Hamas, the Palestinian Islamist group that runs the Gaza Strip, from launching rockets that have plagued its southern communities for years.

The WHO, quoting Health Ministry officials in Gaza, said 382 people have been injured – 245 adults and 137 children.

“Many of those injured have been admitted to hospitals with severe burns, injuries from collapsing buildings and head injuries,” the WHO said in a statement issued in Geneva.

Health authorities have declared an emergency situation in all hospitals to cope with patients, it said.

“Before the hostilities began, health facilities were severely over stretched mainly as a result of the siege of Gaza,” the WHO said. Israel maintains a tight blockade on the Gaza Strip with the help of neighboring Egypt.

The Gaza Ministry of Health‘s supplies of many life-saving drugs and disposable equipment were at “zero stock”, it said.

“The Ministry of Health has postponed all elective surgeries due to the emergency and shortages in anaesthesia drugs,” it said. Non-urgent cases are being transferred to hospitals run by aid groups and health personnel have been asked to report to the nearest health facility for extended shifts, it said.

“WHO appeals to the international and regional community for urgent financial support to provide essential medicines to cover pre-existing shortages, as well as emergency supplies for treating casualties and the chronically ill,” it said.

(Reporting by Stephanie Nebehay; Editing by Alison Williams)

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Diesel founder considering jewelery and Japan to beat slowdown

ROME (Reuters) – Diesel brand founder Renzo Rosso is considering expanding into jewelery and launching a new project in Japan to fuel growth at his fashion group despite the global economic turmoil.

Known as the “king of high-end casualwear”, the rockstar-looking businessman is one of the most dynamic figures in a fashion industry threatened by a slowdown in its core markets.

A painful recession in southern Europe and a slowdown in China are forcing European brands to come up with new ideas to lure consumers back into their stores.

Accessories, which, like leather belts and perfumes, are more affordable than evening dresses, are the fastest-growing category in a luxury industry expected to grow 5 percent this year from 13 percent in 2011 at constant exchange rates, according to consultancy Bain & Co.

Italian designer Giorgio Armani said in September he would boost sales of accessories.

Rosso, who also owns young-focused brands such Maison Martin Margiela and Viktor & Rolf, said he expected the recession to continue to hurt Italy well beyond 2013.

“There is a deep crisis and I believe it will remain serious for two other years,” Rosso said on the sidelines of the IHT summit on Friday afternoon.

“We need to take care of our licences for sunglasses, watches and perfumes. A world that fascinates me is jewelery. With my brands I want to enter this category too,” he said.

A visionary entrepreneur, Rosso was the first to turn stone-washed denim into a premium category in the 1980s.

His holding “Only The Brave” – which includes his brands as well as Staff International, a company that produces under licence for Just Cavalli, Vivienne Westwood Red Label, DSquared and Marc Jacobs Men – had revenues of around $ 2 billion in 2011.

DENIM KING

Rosso said he finds inspiration for new projects from travelling and working with his international team.

“I went to Japan with my daughters for three days and I came back with an incredible idea about a business that is totally different from what I do but related to clothing,” he said.

Rosso said nobody really understood him when he started to age his jeans by washing them with stones. His products are now sold worldwide, mostly in Japan.

“Japan is a country where fashion is extreme, more than elsewhere. I also love London,” curly haired Rosso said.

“Russia is going very well, like the Arab countries. Another growing market is Brazil, where people enjoy life,” he said.

Rosso, who works hands-on in Diesel but leaves designers at his other brands complete autonomy, has interests spanning from wine to eco-friendly technologies.

On Friday, Rosso announced a partnership with his friend rockstar Bono to sell in Diesel stores fashion products, sourced or entirely made in Africa under an Diesel+Edun label.

Through his Red Circle investment arm, Rosso is also the single-biggest shareholder with a stake of around 9 percent in growing Italian online fashion retailer Yoox .

Rosso has also invested in an Italian start-up incubator called H-Farm and in a maker of electric vehicles.

Rosso, whose thought-provoking slogans “Be Stupid” and “For Successful Living” have inspired books, did not rule out other investments in the future.

(Editing by Alison Williams)

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Israel moves on reservists after rockets target cities

GAZA/JERUSALEM (Reuters) – Israeli ministers were on Friday asked to endorse the call-up of up to 75,000 reservists after Palestinian militants nearly hit Jerusalem with a rocket for the first time in decades and fired at Tel Aviv for a second day.

The rocket attacks were a challenge to Israel‘s Gaza offensive and came just hours after Egypt‘s prime minister, denouncing what he described as Israeli aggression, visited the enclave and said Cairo was prepared to mediate.

Israel’s armed forces announced that a highway leading to the Gaza Strip and two roads bordering the enclave would be off-limits to civilian traffic until further notice.

Tanks and self-propelled guns were seen near the border area on Friday, and the military said it had already called 16,000 reservists to active duty.

Prime Minister Benjamin Netanyahu convened senior cabinet ministers in Tel Aviv after the rockets struck to decide on widening the Gaza campaign.

Political sources said ministers were asked to approve the mobilization of up to 75,000 reservists, in what could be preparation for a possible ground operation.

No decision was immediately announced and some commentators speculated in the Israeli media the move could be psychological warfare against Gaza’s Hamas rulers. A quota of 30,000 reservists had been set earlier.

Israel began bombing Gaza on Wednesday with an attack that killed the Hamas military chief. It says its campaign is in response to Hamas missiles fired on its territory. Hamas stepped up rocket attacks in response.

Israeli police said a rocket fired from Gaza landed in the Jerusalem area, outside the city, on Friday.

It was the first Palestinian rocket since 1970 to reach the vicinity of the holy city, which Israel claims as its capital, and was likely to spur an escalation in its three-day old air war against militants in Gaza.

Rockets nearly hit Tel Aviv on Thursday for the first time since Saddam Hussein’s Iraq fired them during the 1991 Gulf War. An air raid siren rang out on Friday when the commercial centre was targeted again. Motorists crouched next to cars, many with their hands protecting their heads, while pedestrians scurried for cover in building stairwells.

The Jerusalem and Tel Aviv strikes have so far caused no casualties or damage, but could be political poison for Netanyahu, a conservative favored to win re-election in January on the strength of his ability to guarantee security.

“The Israel Defence Forces will continue to hit Hamas hard and are prepared to broaden the action inside Gaza,” Netanyahu said before the rocket attacks on the two cities.

Asked about Israel massing forces for a possible Gaza invasion, Hamas spokesman Sami Abu Zuhri said: “The Israelis should be aware of the grave results of such a raid and they should bring their body bags.”

Officials in Gaza said 28 Palestinians had been killed in the enclave since Israel began the air offensive with the declared aim of stemming surges of rocket strikes that have disrupted life in southern Israeli towns.

The Palestinian dead include 12 militants and 16 civilians, among them eight children and a pregnant woman. Three Israelis were killed by a rocket on Thursday. A Hamas source said the Israeli air force launched an attack on the house of Hamas’s commander for southern Gaza which resulted in the death of two civilians, one a child.

SOLIDARITY VISIT

A solidarity visit to Gaza by Egyptian Prime Minister Hisham Kandil, whose Islamist government is allied with Hamas but also party to a 1979 peace treaty with Israel, had appeared to open a tiny window to emergency peace diplomacy.

Kandil said: “Egypt will spare no effort … to stop the aggression and to achieve a truce.”

But a three-hour truce that Israel declared for the duration of Kandil’s visit never took hold. Israel said 66 rockets launched from the Gaza Strip hit its territory on Friday and a further 99 were intercepted by the Iron Dome anti-missile system.

Israel denied Palestinian assertions that its aircraft struck while Kandil was in the enclave.

Israel Radio’s military affairs correspondent said the army’s Homefront Command had told municipal officials to make civil defence preparations for the possibility that fighting could drag on for seven weeks. An Israeli military spokeswoman declined to comment on the report.

The Gaza conflagration has stoked the flames of a Middle East already ablaze with two years of Arab revolution and a civil war in Syria that threatens to leap across borders.

It is the biggest test yet for Egypt’s new President Mohamed Mursi, a veteran Islamist politician from the Muslim Brotherhood who was elected this year after last year’s protests ousted military autocrat Hosni Mubarak.

Egypt’s Muslim Brotherhood are spiritual mentors of Hamas, yet Mursi has also pledged to respect Cairo’s 1979 peace treaty with Israel, seen in the West as the cornerstone of regional security. Egypt and Israel both receive billions of dollars in U.S. military aid to underwrite their treaty.

Mursi has vocally denounced the Israeli military action while promoting Egypt as a mediator, a mission that his prime minister’s visit was intended to further.

A Palestinian official close to Egypt’s mediators told Reuters Kandil’s visit “was the beginning of a process to explore the possibility of reaching a truce. It is early to speak of any details or of how things will evolve”.

Hamas fighters are no match for the Israeli military. The last Gaza war, involving a three-week long Israeli air blitz and ground invasion over the New Year period of 2008-2009, killed more than 1,400 Palestinians, mostly civilians. Thirteen Israelis died.

Tunisia’s foreign minister was due to visit Gaza on Saturday “to provide all political support for Gaza” the spokesman for the Tunisian president, Moncef Marzouki, said in a statement.

The United States asked countries that have contact with Hamas to urge the Islamist movement to stop its rocket attacks.

Hamas refuses to recognize Israel’s right to exist. By contrast, Palestinian President Mahmoud Abbas, who rules in the nearby West Bank, does recognize Israel, but peace talks between the two sides have been frozen since 2010.

Abbas’s supporters say they will push ahead with a plan to have Palestine declared an “observer state” rather than a mere “entity” at the United Nations later this month.

(Additional reporting by Maayan Lubell, Jeffrey Heller and Crispian Balmer in Jerusalem; Writing by Jeffrey Heller; Editing by Giles Elgood)

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New Variety owner Jay Penske slashes one-quarter staff

LOS ANGELES (TheWrap.com) – Jay Penske, the new owner of Variety, laid off nearly a quarter of the company’s staff on Thursday.

Between 20 and 25 employees from the struggling Hollywood trade’s circulation, database and conference departments were laid off. The editorial staff was not affected. Variety had about 120 employees before Thursday’s cuts.

“Without a doubt, this is a challenging day, and I particularly wanted to notify and acknowledge those of you who will be saying goodbye to valued colleagues and friends,” Penske, the CEO of Penske Media Corporation wrote in a memo obtained by the industry blog Deadline, which he also owns. “As we look ahead, Variety’s business holds almost limitless potential and I will remain available to answer any questions you might have regarding today’s changes and our future.”

Penske bought the paper last month at the fire-sale price of $ 25 million. In his memo, Penske said that he planned to invest in the editorial and digital departments while trimming the database services and business branch.

The jobs eliminated came from the LA411 and NY411 units – directories for production resources – and its administration and conference units, according to the memo. Deadline said that the cuts totaled 20 to 25 employees.

He also cut circulation staff, in what may presage a move to cut back on the paper’s printing schedule. Variety currently prints daily during the week and a weekly edition on Friday.

TheWrap previously reported that Penske planned to maintain the print edition and drop the paywall that blocked non-subscribers from reading Variety’s site, placing it in direct competition with competitors like the Hollywood Reporter, TheWrap and its corporate sister Deadline. The paywall has since been torn down.

Neither Penske nor Variety returned calls or emails from TheWrap requesting comment.

Here’s the full memo:

Dear Team

For the past six months, we have diligently reviewed every aspect of the Variety business. And in more recent weeks, we have outlined to Variety senior management an exciting and also aggressive trajectory for the brand’s resurgence. These steps will include substantial further investment in editorial and digital, but will unfortunately require some immediate eliminations in the following business units: LA411/NY411, Circ, Systems, Conferences, and Admin.

Without a doubt, this is a challenging day, and I particularly wanted to notify and acknowledge those of you who will be saying goodbye to valued colleagues and friends. As we look ahead, Variety’s business holds almost limitless potential and I will remain available to answer any questions you might have regarding today’s changes and our future. As always, please don’t hesitate to reach out to me, or see Tammy Chase to arrange an appointment.

Sincerely,

Jay Penske

CEO

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