Thu. 8/02 - Apple Hits A Trillion!
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 2 August 2018
⏱️ 18 minutes
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| 0:00.0 | Welcome to the Tech Mem Right Home for Thursday, August 2nd 2018. I'm Brian McCullough. |
| 0:10.0 | Today, Apple hits a trillion. A Midwestern unicorn cashes in, the Surface Go reviews are in, |
| 0:19.4 | there are no perfect tools for meme making, and Tesla is adding video games to its cars. Here's what |
| 0:26.5 | you missed today in the world of tech. |
| 0:30.8 | So Apple finally did it y'all by briefly trading at $2007.5 |
| 0:40.0 | earlier today Apple officially became the first company in the history of the world |
| 0:44.6 | to be valued at more than a trillion dollars. |
| 0:48.8 | There's not really that much more to say other than that, but everyone had to do a piece on it today so everybody |
| 0:54.6 | had to find an angle as is my want I'm going to go with the history angle. Most |
| 1:00.9 | people believe adjusted for inflation that John D Rockefeller's standard |
| 1:04.8 | oil would have been worth a trillion dollars in today's money back when it was at |
| 1:09.0 | its height. The very first publicly traded company that went public on the world's first ever stock exchange was the Dutch East India company. |
| 1:18.0 | I saw some estimates today that said it would be worth 7.4 trillion in today's money. But most people feel like the most |
| 1:26.9 | valuable company of all time was the British East India company which once owned all of India. had its own army, which was larger than the British |
| 1:35.9 | army, and collected its own taxes. |
| 1:38.9 | Yeah, if you own the entire subcontinent, that's probably worth quite a bit more than just a trillion |
| 1:45.8 | dollars. |
| 1:46.8 | Cisco is buying Duo Security for 2.35 billion in cash. |
| 1:55.0 | Duo Security is a vendor of cloud-based two-factor authentication services. |
| 2:00.0 | Duo lets employees use their own devices for what is known as adaptive authentication. |
| 2:06.0 | Instead of key cards or security codes, workers can use their own phones or whatever device they |
| 2:11.1 | have on them at the time. |
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