President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Pebble, the smartwatch maker that two years ago launched its business with a crowdfunding campaign on Kickstarter, is making all kinds of waves in the world of connected devices, where brands such as Apple, Google, Samsung and Amazon.com dominate.
George Zachary, a partner at Charles River Ventures and the first institutional investor in Pebble, said Wednesday that the company's revenue hit $43 million last year and will double in 2014. Speaking on stage at the Silicon Valley Open Doors Conference he called Pebble the fastest-growing start-up he's ever backed, a group that includes Twitter and Yammer, which Microsoft bought in 2012 for $1.2 billion. Zachary also sits on Pebble's board.
Pebble is doing it with just 100 employees and about $25 million in venture funding. The Palo Alto, California-based company generates a 52 percent gross margin on its watches, meaning for every $150 device (they go as high as $249 on the website), $78 remains after accounting for the cost of goods sold. Apple's margin currently sits below 40 percent.
According to a report Wednesday from NPD, Pebble has 18 percent of the smartwatch market, which totaled $96 million in revenue since October. Samsung's Gear watch leads with 78 percent, the report said. Pebble said previously that it sold 400,000 watches last year.
Pebble is one of the first breakout successes from Kickstarter, where companies raise money from fans and supporters often in return for early versions of the product. Another winner is Oculus, the virtual-reality goggle maker that Facebook recently agreed to buy for about $2 billion.
—By CNBC's Ari Levy