Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
When Dorsey voiced his opposition to a bill that would increase taxes on big businesses to raise money for homeless services, Benioff questioned his fellow CEO's personal and financial commitment to the problem while highlighting tax breaks Twitter has previously received.
Proposition C, which will appear on San Francisco ballots in November, proposes a new tax on the city's largest businesses that could generate up to $300 million annually to aid its homelessness crisis. Benioff has strongly endorsed Prop C, pledging up to $2 million to support the measure, which could cost Salesforce up to $10 million in additional taxes a year.
Dorsey, however, has sided with the proposition's detractors, including San Francisco Mayor London Breed and state Sen. Scott Wiener, who argue that the proposition lacks the proper accountability and oversight.
After Dorsey disagreed with Benioff's support of Prop C on Twitter, Benioff fired back by asking Dorsey, who is also CEO of Square, about his and his companies' financial contributions to fighting homelessness.
For years, Dorsey's companies have benefited from the Central Market Tax Exclusion, commonly called the "Twitter Tax Break," which encourages companies to maintain offices in a rough neighborhood in San Francisco.
Dorsey responded by telling Benioff that he was "distracting" from his support of Mayor Breed:
Benioff and Dorsey have a history: The Salesforce CEO tried to buy Twitter in 2016.
Overall, more than 7,000 people experience homelessness in San Francisco, where detritus indicative of human suffering on the street stands in stark contrast with the city's overall tech-fueled wealth.