La Libra, Facebook's digital currency, announced for 2021 in reduced format

The launch of Facebook's digital currency, Libra , could take place in 2021. The project may benefit from favorable factors in the global economy, but regulators will have to be convinced first.  Facebook could launch Libra, its digital currency in 2021, we learn from the British media Financial Times, which quotes people close to the process. The product is expected to arrive in a limited version, after the project has met with great aversion from regulators, including in the United States, the country where the headquarters of the social media management company are located. The stakeholder association behind this digital currency project is now planning to launch a single version of Libra that will itself be pegged to the dollar, at the rate of one unit of US currency for each Facebook digital currency . “The other forms of currencies will be deployed at a later stage,” the FT source added. The exact launch date will depend on when the project

Smartphones: Donald Trump imagines a new way to force Huawei to throw in the towel

After the US embargo that prevents Huawei from collaborating with American companies, including Google, the United States is imagining new sanctions that could well prevent the Chinese giant from continuing to produce smartphones.

US embargo that prevents Huawei from collaborating with American companies

Between Donald Trump and Huawei, it's not really great love. A collateral victim of the trade war between the United States and China, Huawei has already suffered severe sanctions in the past year. Since the U.S. embargo that took effect in the spring of 2019, Huawei has been placed on a list of entities that could harm the “national security” of the U.S., which has forced it to dispense with all U.S. technologies, and including Google services. Since then, the brand has been struggling to continue to progress internationally, even if the lack of Google services strongly taints the user experience of its latest smartphones. The latest, the Huawei Mate 30 Pro, is indeed an exceptional smartphone on paper, but it unfortunately turns out to be almost unusable in Europe, where Google's services are at the center of the user experience.

Despite everything, Huawei has found the answer: create its own operating system, which will gradually supplant Android on its smartphones, and thus limit its dependence on the American firm in the future. Probably aware that the solution Huawei intends to implement is beyond American control, the United States has just imagined a new sanction that could force the Chinese giant to abandon the smartphone market.



For now, this is only a proposal on the table, but it would be so restrictive that Huawei may well have to throw in the towel, for lack of solution. According to Android Authority, the proposal suggests forcing chip makers to systematically apply for a license from the U.S. government to use U.S. technology, in the event that they use U.S.-sourced equipment in their manufacturing process. In other words: the United States could make sure to maintain control over the licenses, and in some cases withdraw them.

On paper, this new proposal would not be in Huawei's interest at all. If the Chinese firm designs its own chips for smartphones, the Kirins, these are manufactured by the Taiwanese founder TSMC, to whom we also owe the manufacture of SoC AX for iPhone, but also GPUs Nvidia and processors AMD. If this proposal is put into practice, this would suppose that Huawei could not even have its own SoC manufactured at TSMC, and even nowhere else. "There is no production unit in China that uses only equipment made in China, so it is very difficult to manufacture any chipset without American equipment" explain analysts at Everbright Securities to show that Huawei does not would have no alternative in the event that this new American proposal is put into practice.