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.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
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread 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
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Voice-enabled technology will end the need for keyboards within five years, and investors should put their money into the space, a venture capitalist with a track record for successful bets has told CNBC.
"What's clear to me today is that the keyboard in five years will be gone as an input device," Mark Tluszcz, co-founder and CEO of Mangrove Capital Partners, said in an interview this week.
He said a struggle for the investment community when it comes to voice is figuring out whether voice recognition will be "a nice add-on" for companies or a "cataclysmic change to the user experience."
Tluszcz says his firm's bet is on the latter.
"Our thesis at Mangrove is it's a massive change," he said. "There are going to be many companies built that are only voice."
"Voice is the opportunity of a decade. I'm an optimist. An optimist that's been reasonably right many times."
Tluszcz has been known to back ventures that have ultimately resulted in a profitable return. Such investments include Skype, when it was originally bought by eBay in 2005, and Wix.com, which went public in 2013.
Voice-controlled tech has so far been a field dominated by large firms like Amazon — with its Alexa voice assistant and Echo devices — and Google — with the Google Assistant and Home. Even Facebook is working on its own voice assistant.
But Tluszcz says that's no reason to assume start-ups can't penetrate the space, and his venture capital firm has backed a French company called Sybel — which focuses on high-quality podcasts — to take advantage of the industry's growth.
While he thinks the tech giants are doing a "good job" at setting the standards for voice — for example, in recognizing less common accents — the industry will still require "massive innovation" and "new ways of using voice."
According to tech research firm Juniper Research, about 2.5 billion digital assistants were used by consumers across a range of devices at the end of 2018, and that number is expected to climb to 8 billion by 2023.