Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
The flap illustrates the growing distrust of the YouTube community, and willingness to assume the worst in light of unclear communication.Technologyread more
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.Technologyread more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
It might be London Technology Week, with unrelenting tech talk engulfing the capital, but the winner of CNBC's Power Pitch competition was the maker of a good-old, physical book.
Lostmy.name – named winner of the pitching competition by investor Eileen Burbidge on Friday – creates personalized books for children.
And although the end product might be a physical book, both Burbidge and company co-founder Asi Sharabi were quick to stress that complex technology was at the heart of the company.
"When people don't see a screen, they tend to disregard the tech. But there's more tech behind the creation of this physical book than there is behind quite a lot of things in the app store," Sharabi said.
Burbidge, a partner at prominent seed-stage venture fund Passion Capital, said the technology involved in the book-making process was subtle, but far from trivial.
"When you think about what they've done, and how quickly you can preview a book based on a name and gender. That requires some serious technology; that requires an algorithm," she said.
Prospective lostmy.name customers can preview a personalized book online within seconds, and delivery takes eight days. The book, which costs £18.99 ($32.40), tells the story of a child who has lost their name, and goes on journey to discover its various letters.
The company also came top of an online poll which asked the CNBC audience to vote for their favorite pitch by one of four exciting British start-ups. Safety bike-light maker Blaze, interactive video services provider Brainient, digital "taxi top" advertiser Eyetease joined lostmy.name in pitching their big ideas in just one minute.
'Very shouty, very demanding"
The popularity of companies like lostmy.name demonstrate a shift away from some technological products back towards artisanal, well-made items, Burbidge said.
And Sharabi added that this was especially important when it came to children's entertainment.
"In the space of kids' media, technology has become very noisy, very needy, very shouty and very demanding," Sharabi said.
"We like to create experiences that involve a lot of technology, but the end product is still a physical book that parents and children can still enjoy quietly at bedtime, and really focus on that interaction, rather than any other bells and whistles screaming at you."
Speaking on the last day of London Technology Week, Sharabi conceded that there was some hype surrounding the capital's position as a leading digital hub.
"Sometimes 'hype' can be a bit negative. But in London right now there's hype, but there's also a lot of substance," he said. "There's a great sense that something big is happening here and it's only going to get bigger."