Sharp will remain on Pinterest's board until 2024 but has decided to join up with ex-Apple design chief Ive at LoveFrom. He spent more than two decades at the tech giant before leaving in 2019, and led the design of the candy-colored iMacs that helped Apple re-emerge from near death in the 1990s as well as the design of the iPhone. Pinterest co-founder Evan Sharp is joining Jony Ive's new design venture. Ive was a close creative collaborator with Apple co-founder Steve Jobs. Its clients include home rental company Airbnb Inc and Italian luxury car maker Ferrari. "LoveFrom is a creative collective", the firm's website says. Ive co-founded design firm LoveFrom with fellow designer Marc Newson. He will transition into an advisory role and continue to serve as a board member, the company said in a blogpost. Sharp founded the online scrapbook and photo-sharing platform along with Ben Silbermann, who is the company's chief executive officer, and Paul Sciarra, who left in 2012. Sharp built Pinterest's original platform and oversaw its rapid growth in the past decade, and most recently served as the company's chief design and creative officer. We invite you to join the discussion on Facebook and Twitter.Pinterest Inc said on Thursday co-founder Evan Sharp is leaving the company to join LoveFrom, a firm led by Jony Ive, the designer of many iconic Apple products. The Hill has removed its comment section, as there are many other forums for readers to participate in the conversation. PayPal signed a $4 billion deal to buy online coupon finder Honey Science in 2019 and last month ironed out a $2.7 billon deal to buy Paidy, a Japanese buy-now-pay-later site, Reuters noted.
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The reports also come as PayPal increases its place in online shopping through a series of acquisitions. Pinterest said last Thursday that Sharp is joining LoveFrom, a firm owned by designer Jony Ive. News of the acquisition comes a week after Pinterest announced that Evan Sharp, its co-founder and Chief Design & Creative Officer, will be transitioning to an advisory role for the company. PayPal’s stock, on the other hand, declined over 6 percent. Sharp built Pinterest s original platform and oversaw its rapid growth in the past decade, and most recently served as the companys chief design and creative officer. Pinterest’s stock gained 12 percent as of Wednesday afternoon amid Bloomberg’s report, according to CNBC. Pinterest Inc said on Thursday co-founder Evan Sharp is leaving the company to join LoveFrom, a firm led by Jony Ive, the designer of many iconic Apple products. Pinterest stated on Thursday co-founder Evan Sharp is leaving the corporate to hitch LoveFrom, a agency led by Jony Ive, the designer of many iconic Apple. The Hill has reached out to PayPal for comment. Pinterest had no comment when reached by The Hill. This would be a 26 percent premium to the social media company’s closing price on Tuesday, which was $55.58 per share. Reuters later reported that PayPal made an offer to buy Pinterest for $45 billion. PayPal is exploring purchasing social media company Pinterest, according to multiple reports.īloomberg News, which first reported the discussions, stated that the companies discussed an acquisition at around $70 a share, valuing Pinterest at about $39 billion, the outlet reported.
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