Welcome to the Tech Mem Ride Home for Tuesday, September 4th, 2018. I'm Brian McCullough.

Today, Amazon hits a trillion. The EU is giving Netflix quotas, gaming out various

Apple rumors ahead of next week's event, and the robots are coming to the

drive-thru window. Here's what you missed today in the world of tech.

Move over Apple. There's a new member of the trillion dollar club as Amazon's shares hit

two thousand fifty dollars and fifty cents in intraday trading today

Amazon became the second ever trillion dollar company by market cap on U.S. markets.

Apple of course reached this milestone a mere five weeks ago.

Amazon stock has gained more than 70 percent just this calendar year and has more than doubled in the last 12 months.

So literally you could have looked at Amazon with a 500 million dollar market cap a little over a year ago and been like, yeah, it can't go any higher than this, and

you would have been very wrong.

At the time of this writing, Apple has a market cap of 1.1 trillion, so Amazon has 100 billion or so to close the gap and claim the market cap crown.

Amazon, Apple, and Microsoft have by themselves accounted for more than 35% of the S&P 500's total return this year.

Do we need some sort of anthropomorphic name for trillion dollar tech companies like we have

unicorns for billion dollar tech startups.

What do you think trilocorns, trilzillas maybe, trilobites?

Never mind. Yet more news in the Europe regulating what tech companies can do space.

There's a new law winding its way through the

various EU authorities that will legislate the material streaming services

like Netflix will be able to show at least in European countries.

Specifically, streaming services will need to dedicate at least 30% of their catalogs to local

content.

...