The Libra Association, a group founded by Facebook to launch a global digital currency, has changed its name to the Diem Foundation and announced the addition of several new executives. The name change is part of an effort by the group to distance itself from Facebook as it seeks regulatory approval for a new stablecoin. The Libra Association ran into stiff opposition from regulators around...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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