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When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Following a record quarter for Apple earnings, revenue, and iPhone shipments, CEO Tim Cook spoke to CNBC about President Trump's plans to impose tariffs or border taxes on goods crossing into the U.S.
"We need more jobs," Cook told CNBC's Josh Lipton. "Everyone needs to do their fair share. We can do that without trade wars."
Last Thursday, Trump spokesman Sean Spicer floated the idea of a 20% border tax on goods crossing into the U.S. from Mexico, and Trump has said several times that he's considering a tariff or other restrictions on goods from China, where Apple manufactures most of its products.
"The border tax would hit the middle-class consumer," Cook told CNBC. "The U.S. and China need each other. The world needs the U.S. and China to win."
--Reporting by Josh Lipton