Microsoft Announces a New Canadian Headquarters
The company announced that it’s opening a 132,000 square foot headquarters located in Downtown Toronto.
Currently, Microsoft employs more than 2,300 employees across Canada and supports an extended ecosystem of more than 14,000 trusted partners who sell, service or deploy Microsoft products.
The company has set an expected move-in date in September 2020.
IMAX Teams up with One of China’s Largest State Owned Commercial Developers
China Resources Land, one of China’s largest state-owned commercial developers, announced that they will be featuring 14 new IMAX Laser Theatres at its shopping malls across the country.
The theatres are expected to open between 2018 and 2021.
Amazon’s Business-to-Business Sales Are Expected to Soar This Year
Amazon Blog Post
The less than the 4-year old business unit of Amazon stated that it’s expected to reach $10 Billion in annual sales this year.
The business unit is approximately the revenue size of Grainger, an industrial supplier, and rival to Amazon Business.
The company stated that it serves nearly 80% of the 100 largest enrollment education organizations, 55 of the Fortune 100 companies, more than half of the 100 biggest hospital systems and more than 40% of the 100 most populous local governments.