Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
The results suggest that the next big wave of consumer technology will be centered around these digital assistants, and may spell trouble for smartphone makers like Apple and Samsung— who lag behind Amazon and Google in this emerging space.
The online survey, conducted by Accenture and Harris Interactive, included 21,000 people from 19 countries and was conducted in October and November 2017.
Within the survey, nearly 2,300 people responded to a question asking whether they agreed with the following statement: "Since I got my digital voice assistant device, I use my smartphone for fewer activities."
66 percent of the respondents said they agreed or strongly agreed.
Within the sub-group who said they use their smartphones less, 64 percent said they use phones less frequently for entertainment services, while 58 percent said they do less online purchasing with their phones; and 56 percent do fewer searches from their phones.
The survey also projected that ownership of digital assistants will skyrocket in 2018, if people follow through on their expressed intent to buy one.
In the U.S., Accenture estimated 21 percent of the online population owns such a device today, and 37 percent will own one by the end of 2018. In India, the figure will go from 14 percent of the online population today to 39 percent by the end of 2018.
Online surveys can present a skewed representation of reality: Respondents sometimes self-select, and tend to be more interested in technology than average consumers. Nonetheless, the large size of the survey makes it noteworthy.
Smartphones dominate consumer attention today, but smartphone companies are several years behind when it comes to home digital assistants. Amazon first released the Echo widely in the summer of 2015 (it was available in a limited trial to Amazon Prime subscribers even earlier), while the first Google Home came out in November 2016.
Apple had planned to release the HomePod, a home audio speaker with its Siri digital assistant built in, for the 2017 holiday season. However, in November the tech giant announced it would delay the release until early 2018.
Samsung is reportedly aiming to release a smart speaker of its own in the first half of 2018.