Friday, August 3rd, 2018

Apple Reaches $1 Trillion in Market Valuation

The technology giant became the first publicly traded U.S. company valued at $1 trillion, a milestone that was expected to happen sometime this week by many on Wall Street.

The company has nearly quadrupled its value under Tim Cook’s leadership since 2011.

CNBC reports that Amazon is also another tech giant quickly gaining steam to reach the $1 Trillion mark.

Toronto’s Smart City Gets the Green Light
Business Insider
Sidewalk Labs Toronto

The city is working with Google’s sister company, Sidewalk Labs.

Officials approved a 12-acre redevelopment at the city’s waterfront location.

According to Sidewalk Labs, the initiative looks to combine urban design with the latest in technology to address some of the biggest challenges facing cities, including energy use, housing affordability, and transportation.

Activision Teams up with China’s Tencent
Company Press Release

Both companies announced plans to bring Call of Duty® to mobile in China.

Tencent’s mobile studio will spearheading the game’s development in China.

The game is expected to launch over the coming months.

Heineken Expands its Brand into China
Company Press Release

The alcoholic beverage giant is working with China Resources Enterprise and China Resources Beer in a strategic partnership for Mainland China, Hong Kong, and Macau.

Under the partnership, Heineken China’s operations will be combined with China Resources Beer’s operations. Heineken will license its brand in China to the company on a long-term basis.

China is the world’s largest beer market by volume and is also the second largest premium beer market globally.