Google's parent company just got approval to build a $50 million high-tech neighborhood in Toronto

Sidewalk Toronto On Tuesday morning, Waterfront Toronto's board unanimously approved Sidewalk Labs' plans to develop a 12-acre swath of the city into a high-tech neighborhood. Sidewalk committed $10 million for planning process, and an additional $40 million in investment has now been unlocked. The entire development is expected to cost at least $1 billion. The company has been quiet about the exact plans for the neighborhood, but its CEO, Dan Doctoroff,hasspokenabout how self-driving cars, embe...