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
Apple confirmed on Monday that it would buy music recognition app Shazam.
News of the deal was first reported by TechCrunch on Friday. No price was disclosed, but Recode has reported the price around $400 million, a significant discount from its last valuation, which was reportedly around $1 billion.
"We are thrilled that Shazam and its talented team will be joining Apple. Since the launch of the App Store, Shazam has consistently ranked as one of the most popular apps for iOS," the company said in a statement.
"Apple Music and Shazam are a natural fit, sharing a passion for music discovery and delivering great music experiences to our users," it said.
It's one of Apple's largest deals to date, though still a drop in price from the $1 billion Shazam was valued at during its last funding round.
Shazam is already integrated into Apple's Siri voice assistant, but the deal likely signals Apple's interest to expand its use of the technology.
Apple could potentially use Shazam to add a feature like one found on Google's new Pixel 2, which automatically shows a user which song is playing right on the lock screen. This means a user doesn't have to open another app, such as Shazam.