EdTech Insight – Waymo opens robotaxi service to all San Francisco users

by EdTechMate | Jun 25, 2024 | CNBC, News & Insights

Executive Summary and Main Points The deployment of Waymo’s robotaxis in San Francisco signifies a notable progression in autonomous vehicle integration within urban transportation networks. This launch parallels prior rollouts in Phoenix and limited operations...

EdTech Insight – Nvidia’s half-a-trillion dollar wipeout leaves global chip stocks volatile

by EdTechMate | Jun 25, 2024 | CNBC, News & Insights

Executive Summary and Main Points Recent fluctuations in semiconductor stock values, notably the volatile trading of Nvidia shares, have captivated global markets. Nvidia’s swift rebound after a significant drop illustrates the high unpredictability within the...

EdTech Insight – EU charges Microsoft with ‘abusive’ bundling of Teams and Office, breaching antitrust rules

by EdTechMate | Jun 25, 2024 | CNBC, News & Insights

Executive Summary and Main Points The European Union has expressed preliminary concerns regarding Microsoft’s purported anti-competitive practices, specifically accusing the technology company of unlawfully tying its Microsoft Teams application to its widely...

EdTech Insight – OpenAI walks back controversial stock sale policies, will treat current and former employees the same

by EdTechMate | Jun 24, 2024 | CNBC, News & Insights

Executive Summary and Main Points OpenAI, the high-profile artificial intelligence startup, has made a significant policy reversal regarding its secondary share sales. Now, both current and former employees can equally participate in annual tender offers,...

EdTech Insight – Nvidia slides 13% in three days after briefly becoming most valuable company

by EdTechMate | Jun 24, 2024 | CNBC, News & Insights

Executive Summary and Main Points Nvidia, a dominant player in the AI and chipmaker industry, recently experienced a significant decline in market value after becoming the world’s most valuable company. Despite the drop, the company reported sustained high...

EdTech Insight – Oracle warns that a TikTok ban would hurt business

by EdTechMate | Jun 24, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the ever-evolving landscape of international education technology, a pivotal development involves the US government’s legislative push for the divestiture of TikTok from its Chinese parent company, ByteDance, prompting a...