EdTech Insight – Tencent’s Riot Games division cuts 11% of staff to ‘create focus’

by EdTechMate | Jan 23, 2024 | CNBC, News & Insights

Executive Summary and Main Points Tencent’s recent business restructures and Riot Games’ workforce reduction indicate a strategic shift within the technology and gaming sectors. These actions emphasize the refocusing on internal projects and moving towards...

EdTech Insight – Super Micro shares soar 36% to record on uplifting preliminary results

by EdTechMate | Jan 19, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the context of global higher education dynamics and digital transformation, the significant growth of Super Micro Computer, a producer of data center hardware crucial for technological infrastructures, speaks to key innovations and...

EdTech Insight – Apple offers rivals access to mobile payment tech in EU antitrust case

by EdTechMate | Jan 19, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points Apple has made a propositional move to appease European antitrust regulators by offering third-party developers accessibility to its contactless payment technology. This strategic offer aims to open up avenues beyond...

EdTech Insight – Apple $3,499 Vision Pro headset now available to order ahead of Feb. 2 release

by EdTechMate | Jan 19, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points In the realm of international education and digital transformation, Apple’s launch of the Vision Pro headset marks its debut into the spatial computing experience. The Vision Pro is a virtual reality (VR) headset,...

EdTech Insight – Bitcoin slides back to $40,000 as post-ETF correction deepens

by EdTechMate | Jan 19, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent downturn in cryptocurrency markets, characterized by Bitcoin’s fallback to the $40,000 mark and accompanied declines across various crypto-related stocks such as Coinbase, MicroStrategy, as well as miners like...

EdTech Insight – Amazon names logistics head as new AWS CFO

by EdTechMate | Jan 19, 2024 | CNBC, News & Insights

Executive Summary and Main Points Amazon Web Services (AWS), a crucial driver of innovation and trends in cloud computing, has announced a significant reorganization of its leadership team. Senior logistics executive John Felton is set to become the new chief...