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iPhone designer Jony Ive to leave Apple
Sir Jony Ive, the Briton who over two decades helped turn Apple into the world's most valuable company, is leaving to set up his own venture. Sir Jonathan, designer of the iMac, iPod and iPhone, leaves later this year to start a creative firm, LoveFrom, with Apple as its first client. "This just seems like a natural and gentle time to make this change," he said. Apple boss Tim Cook said his "role in Apple's revival cannot be overstated". But the departure comes at a time of wider change at the tech giant. Retail chief Angela Ahrendts left in April and investors have been worried about falling iPhone sales.https://www.bbc.com/news/business-48795057?ns_source=facebook&ns_mchannel=social&ocid=socialflow_facebook&ns_campaign=bbcnews&fbclid=IwAR0Up5ZLxy4m8TuGPbYcTPrd0eapgmm4jm4XVMchRlrYGrJoA5lQ6VDVzo0
Facebook Wants To Create A Global Currency
For years Wall Street’s magnates have worried that Silicon Valley’s giants will shake up finance. Facebook thinks it has found a way. It will launch a digital currency, the Libra, in 2020. Mark Zuckerberg’s firm has failed before to popularise a payments service. And it is an unlikely guardian of other peoples’ money, given its habit of privacy abuses and evasion. But like or loathe the company, its new scheme has legs. The Libra’s value will be pegged to a basket of major currencies, it will be able to handle large transaction volumes and 28 other big firms say they will join a consortium backing the currency. If Facebook’s 2.4bn users adopt Libra to shop and transfer money, it could become one of the world’s biggest financial entities. That would herald a consumer revolution—but could also make the financial system less stable and reduce governments’ economic sovereignty.https://www.economist.com/leaders/2019/06/22/facebook-wants-to-create-a-global-currency?fsrc=scn/fb/te/bl/ed/facebookwantstocreateaglobalcurrencyweighinglibrainthebalance&fbclid=IwAR2QW5QYgcWQS0YVGVPpNQC2e3XLsiRtXOMBwKIN9d0zISKNoutG3toitLs