CUPERTINO, Calif.—(BUSINESS WIRE)—Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.
“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple’s Board. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”
“The Board has complete confidence that Tim is the right person to be our next CEO,” added Levinson. “Tim’s 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does.”
Jobs submitted his resignation to the Board today and strongly recommended that the Board implement its succession plan and name Tim Cook as CEO…
Britain’s most senior police officer has faced criticism for hiring former News of the World executive Neil Wallis - who was questioned by police investigating hacking - as an adviser. Sir Paul said his links to the journalist could hamper investigations. He said there were lessons to be learned from the affair, but he was leaving with his integrity intact. He also said he had no knowledge of the extent of the phone hacking. Home Secretary Theresa May said she was “sorry” he had resigned and thanked him for all the work he had done during his time in office. She said: “Sir Paul has led the force through difficult times and although current circumstances show that there are still serious issues to be addressed, I believe that the force is operationally stronger today now than it was when he took over.” Earlier, she said she would address MPs on Monday about her “concerns” over the closeness of the relationship between News International and police…
(via Rebekah Brooks Steps Down at News Corp.; Murdoch Flailing — Daily Intel)
“…The Guardian speculates that Murdoch may finally have accepted Brooks’s resignation after Saudi prince Alwaleed bin Talal al-Saud, News Corp.’s second-largest shareholder, called for her resignation in an interview Thursday night with Newsnight.
“The indications are that her involvement in this matter is explicit. For sure she has to go, you bet she has to go. Ethics to me is very important. I will not tolerate to deal with a company that has a lady or a man that has any sliver of doubts on her or his integrity.”
If true, that’s just one of several indications that Murdoch is in reactive mode, no longer in full control of his message…”

