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Sérgio Moro resignation adds to pressure on Brazil’s Bolsonaro 

Justice minister’s departure raises risk of yet another impeachment in Latin America’s largest democracy




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Apple loses top designer Jony Ive

Apple’s chief designer Jonathan Ive is leaving after more than two decades in which his iconic designs for the Mac, iPod and iPhone turned one of Silicon Valley’s faded giants into the world’s most valuable company.  Janine Gibson discusses what this means for Apple and what Sir Jonathan will do next with Tim Bradshaw and Matthew Garrahan.


Contributors: Katie Martin, capital markets editor, Janine Gibson, special projects editor, Matt Garrahan, news editor, and Tim Bradshaw, global technology correspondent. Producer: Fiona Symon

 

See acast.com/privacy for privacy and opt-out information.




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Vedanta chief executive resigns 

Departure comes just weeks after Moody’s cut miner’s rating to junk




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Airbus signals further production cut with job losses set to follow

Plane maker’s chief warns aerospace industry in ‘gravest crisis’ as group swings to quarterly loss amid aviation collapse




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BA job cuts signal depth of crisis for airline sector

Post-Brexit Britain will need a viable industry to support global role




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Shortsighted complaints on short-termism

Shareholders’ incentives can make them more long-termist than company managers




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Gloria Vanderbilt, artist and designer, 1924-2019

Heiress who made her own success as the ‘Queen of Jeans’




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Treasury market sends bearish signals as stocks rise

Two- and five-year yields hit record lows as futures investors anticipate negative rates




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Panic-buying is just as short-sighted for investors

Market is full of cautionary tales about investors betting on familiar stocks




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BASF warns of ‘significant impact’ from coronavirus

German chemicals group blames Brexit and trade tensions for earnings fall




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Facebook stock spikes despite ‘significant reduction’ in demand for ads

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. The company beat Wall Street expectations on revenues, sharing that they had made $17.74 billion while falling short on earnings per share at $1.71. The company […]




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Facebook’s redesign goes live with simplified navigation and dark mode

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]




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Dribbble, a bootstrapped ‘LinkedIn’ for designers, acquires Creative Market, grows to 12M users

Traditionally dominated by big players like Adobe and Autodesk, the world of design has been flush with a newer wave of startups that are creating collaboration spaces and new cloud-based tools designed to address the needs of creatives. Today, two of those players are combining. Dribbble, an online community for designers that lets them post […]




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Bosch warns of ‘significantly’ steep recession for auto industry

Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus




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A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]




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Apple said to be planning fall iPhone refresh with iPad Pro-like design

Apple is readying a new iPhone for fall to replace the iPhone 11 Pro this fall, Bloomberg reports, as well as follow-ups to the iPhone 11, a new smaller HomePod and a locator tag accessory. The top-end iPhone 11 Pro successors at least will have a new industrial design that more closely resembles the iPad […]




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Apple Watch designer reveals the device’s origins on its fifth birthday

Update: We mistakenly noted in an earlier version that Chaudhri had been a part of Microsoft’s Hololens team. The story has been updated to remove the reference.  In his two decades at Apple, Imran Chaudhri worked on many of the company’s most iconic product lines, including the iPhone, iPad and Mac. The designer left the […]




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H1 Insights is giving the healthcare industry the ultimate professional database

“I want to build a business which profiles every single researcher and healthcare professional in the world and I want to sell it to industry,” says Ariel Katz, the co-founder and chief executive of H1 Insights.  With the healthcare industry on a mission to digitize and analyze every conceivable data point it can to wring […]




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AWS engineer Tim Bray resigns from Amazon following worker firings

As many Amazon workers called out sick for a May Day Strike, Tim Bray was spending his final day at the company. The VP and distinguished Engineer at Amazon Web Services announced today that May 1 was his final day with the retail giant, citing Amazon’s firings of vocally critical employees. Likely most notable for […]




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Apple opens access to mobility data, offering insight into how COVID-19 is changing cities

Apple is providing a data set derived from aggregated, anonymized information taken from users of its Maps navigational app, the company announced today. The data is collected as a set of “Mobility Trends Reports,” which are updated daily and provide a look at the change in the number of routing requests made within the Maps […]




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Apple Watch designer reveals the device’s origins on its fifth birthday

Update: We mistakenly noted in an earlier version that Chaudhri had been a part of Microsoft’s Hololens team. The story has been updated to remove the reference.  In his two decades at Apple, Imran Chaudhri worked on many of the company’s most iconic product lines, including the iPhone, iPad and Mac. The designer left the […]




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A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]




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Adtech scores a pandemic pause from UK privacy oversight

The coronavirus is proving to have an unexpected upside for the adtech industry. The U.K.’s data protection agency has paused an investigation into the industry’s processing of internet users’ personal data, saying targeted suspension of privacy oversight is merited because of disruption to businesses as a result of the COVID-19 pandemic. The investigation into adtech […]




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Templafy raises $25M Series C led by Insight partners to deal with enterprise documents

Back in 2018 Templafy — which had come up with a way for enterprises to more easily make templates out of standard documents (yes, it’s a thing) — raised an additional $15 million from existing investors as an extension of its earlier Series B round taking it to $40.2 million raised. The company integrates with enterprise infrastructure to […]




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Facebook’s redesign goes live with simplified navigation and dark mode

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]




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Josh Constine leaves TechCrunch for VC fund SignalFire

How do you leave the place that made you? You figure out what it made you for. TechCrunch made me a part of the startup ecosystem I love. Now it’s time to put that love into action to help a new generation of entrepreneurs build their dreams and tell their stories. So it’s “TC to […]




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Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M

Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, along with Jeff Sine, cofounder and […]




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8 top fintech VCs discuss COVID-19 trends, signals and opportunities

In recent years, fintech’s revolution has felt like a rising tide. Behemoths like Stripe and Square edged out banks while newbies like Brex nonchalantly raised nine-figure rounds. Today, however, the state of the financial technology industry feels more wobbly — some healthy startups in the genre are faring better than ever, while others are feeling […]




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Creatively helps designers and other creative talent showcase their work

Creatively was supposed to launch this summer, according to CEO Greg Gittrich. And then COVID-19 happened. “We made the decision to fast-track the launch when the pandemic hit, because we felt like launching as a beta would really help the creative community,” Gittrich told me. The startup was founded by Stacey Bendet and Joe Indriolo, […]




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Decreased demand and increased supply lead to significant increases in global liquid fuels inventories

As a result of the global economic slowdown related to COVID-19, the U.S. Energy Information Administration estimates that global petroleum and liquids consumption will average 95.5 million barrels per day in 2020, down 5.2 million barrels per day from 2019. EIA forecasts that U.S. oil consumption will decline 6.5% in 2020 to average 19.1 million barrels per day, which would be the largest percentage decline in U.S. consumption since 1980. At the same time, in its April 2020 Short-Term Energy Outlook, EIA expects global oil supply to increase in the coming months from first-quarter 2020 levels. Total world liquids supply will average 98.7 million barrels per day through the third quarter of 2020. These supply and demand developments are contributing to a significant increase in liquid fuels inventories. EIA estimates that second-quarter 2020 global petroleum inventories will increase an average 11.4 million barrels per day. Within the Organization for Economic Cooperation and Development, the most stocks recorded in historical data were in July 2016 at 3.1 billion barrels. EIA forecasts inventories will surpass this level as production continues to outpace consumption. EIA expects these large stock builds will put downward pressure on crude oil prices for several months. Brent crude oil prices averaged 32 dollars per barrel in March, the lowest monthly average since January 2016. EIA forecasts Brent crude oil to average 23 dollars per barrel during the second quarter of 2020 before increasing to an average 46 dollars per barrels in 2021.




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Plan to save the sight of 32,000 Indigenous Australians will generate millions - 1 Sep

The eyesight of more than 32,000 Aboriginal and Torres Strait Islander people would be saved if the Government invested just $227 million over 10 years, a new report has found.




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Asia Region Funds Passport reaches critical mass with Japanese sign-up - 14 Sep

PwC’s asset management leader, Ken Woo, said Japan’s commitment to creating a regional market for managed funds represents a ‘tipping point’ in terms of momentum for the initiative.




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A security expert says India’s contact-tracing app has flaws; New Delhi says they are ‘by design’

The Indian government has said that its contact-tracing app Aarogya Setu “by design” fetches the location data of its 90 million users and allows them to view the concentration of people who have tested positive for the coronavirus in their vicinity. New Delhi issued the statement after France-based security researcher Baptiste Robert found what he […]




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Facebook’s redesign goes live with simplified navigation and dark mode

After months of testing, Facebook’s redesign is finally official. Announced last year at F8, the more minimalist approach to its desktop design has been rolled out in waves. In March, the company added an option to try out the new version. Users could switch back and leave feedback for why they had done so. This […]





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Why Entrepreneurs Should Choose Insights Over Instincts

The importance of data-driven decision-making.




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Adtech scores a pandemic pause from UK privacy oversight

The coronavirus is proving to have an unexpected upside for the adtech industry. The U.K.’s data protection agency has paused an investigation into the industry’s processing of internet users’ personal data, saying targeted suspension of privacy oversight is merited because of disruption to businesses as a result of the COVID-19 pandemic. The investigation into adtech […]




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Downton movie producers sign lucrative multi-million pound deals ahead of film's release 

The Downton Abbey movie is more than just a film- it's the heart of multi-million-pound merchandising industry, as companies seek a little aristocratic gloss to help sell their products.




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Married At First Sight episode 2 RECAP: ALEX MICHAEL exposes sneaky production tricks

Married At First Sight was equal parts Jerry Springer and Downton Abbey in an uneven, scripted affair on Tuesday night.




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Ant and Dec confirm they are in talks to sign huge £40million golden handcuffs deal with ITV

The Geordie presenting duo, both aged 44, are also reported to have legally trademarked their name to protect their brand for years to come.




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Tim and Mat are left fuming on House Rules after Shayn and Carly blatantly copy their design

With a place in the grand final at stake, it appears the House Rules teams are willing to do whatever it takes to get closer to the $200,000 cash prize.




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Married At First Sight stars are considering legal action against Nine

After Seven's historic payout to a House Rules contestant who was unfairly portrayed as a 'villain', the floodgates have opened for other disgruntled reality stars to take legal action




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Married At First Sight's strategic change to coincide with Channel Seven's House Rules premiere

Channel Nine has made a strategic scheduling change for Married At First Sight's grand final, switching the air date to this coming Sunday.




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Channel Seven reacts to Nine rescheduling Married At First Sight grand final reunion to Sunday

Channel Seven has made a strategic scheduling change for the upcoming premiere date of House Rules: High Stakes, switching the air date to this coming Monday.




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'He's one of the best': Andres Iniesta says Neymar would be a 'great signing for Barcelona'

The Barcelona legend, who now plies his trade with Vissel Kobe in Japan, called Neymar 'one of the best forwards out there' and said he would be a great addition to the team.




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Sancho pays tribute to Kobe Bryant by signalling No 24 in goal celebration

Bryant lost his life in a helicopter crash last Sunday, which also claimed the lives of eight others, including his 13-year-old daughter Gianna. Sancho dedicated his goal to Bryant.




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Barcelona's former vice-president backs club to re-sign Neymar 'for sporting reasons'

Former Barcelona chief Jordi Mestre has called for the club to re-sign Neymar from Paris Saint-Germain - but admits the manner of his world-record £200million departure in 2017 still stings. 




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Lionel Messi wants Neymar and Lautaro Martinez to sign for Barcelona in the summer

Lionel Messi wants both Neymar and Lautaro Martinez to join Barcelona. The Argentine legend is spoke openly about his desire for Neymar to return.




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Barcelona stars Lionel Messi, Luis Suarez and Gerard Pique urge Josep Bartomeu to re-sign Neymar

Neymar continues to be linked with a return to the Nou Camp following his world-record £198million move in the summer of 2017 to French giants PSG, where he has struggled to settle in.




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How Barcelona can make Operation Re-Sign Neymar happen in the summer

PETE JENSON IN SPAIN: We are only in March but already Neymar has made it to the front pages in Spain. Barcelona's institutional crisis lingers on. Will this be season two?