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...

EdTech Insight – European Union regulators accuse Apple of breaching the bloc’s tech rules

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

Executive Summary and Main Points European Union regulators have identified that Apple is potentially violating the new Digital Markets Act (DMA), by limiting customer steering to alternative purchasing channels outside of its App Store. This impedes app developers...