Illustration: Rebecca Zisser/Axios
Apple on Thursday became the first-ever U.S. company to have its market cap hit $1 trillion, when shares briefly touched $207.05. It’s a largely symbolic milestone, but also a reminder that between its giant market cap and massive cash holdings, Apple could buy almost anything it wants.
The bottom line: A billion dollars isn't cool. You know what's cool? A trillion dollars.
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A number of leading children's brands, including Lego and Sesame Workshop, are among the investors pouring $50 million into BEGiN, the New York startup behind the early-learning program HOMER.
Why it matters: Thus far, HOMER has focused on reading apps, but with the new funding and partnerships, the company says it will expand to a full early-learning program combining digital, physical and in-person experiences, tapping some of its investors for both content and distribution.
Illustration: Annelise Capossela/Axios
The debate was a mess as moderator Chris Wallace struggled with President Trump's interruptions. But let's analyze the climate parts anyway without normalizing the whole thing.
Why it matters: The contest provided a collision over the topic between Trump and Joe Biden, and underscored the two candidates' immense differences.
Illustration: Sarah Grillo/Axios