EdTech Insight – Bitcoin drifts back under $65,000 for the first time in more than a month

by EdTechMate | Jun 18, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The recent economic downturn and the failure of notable crypto firms have significantly impacted cryptocurrency valuations, including Bitcoin. Amidst global economic concerns and reduced summer liquidity, the crypto...

EdTech Insight – Amazon Labor Union votes to join forces with Teamsters

by EdTechMate | Jun 18, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The unionization of Amazon warehouse workers marks a significant milestone in labor dynamics, as members of the Amazon Labor Union (ALU) voted overwhelmingly to affiliate with the International Brotherhood of Teamsters....

EdTech Insight – Apple has ‘very serious’ issues under sweeping EU digital rules, competition chief says

by EdTechMate | Jun 18, 2024 | CNBC, News & Insights

Executive Summary and Main Points The significant developments in the realm of technology regulations are underscored by the European Union’s (EU) rigorous scrutinization of major tech players under its Digital Markets Act (DMA). The EU’s Competition...

EdTech Insight – SoftBank-backed travel tech firm TravelPerk acquires U.S. rival and bags $135 million for expansion

by EdTechMate | Jun 18, 2024 | CNBC, News & Insights

Executive Summary and Main Points The European corporate travel booking platform TravelPerk’s acquisition of Chicago-based startup AmTrav marks a significant expansion effort in the U.S. market, with AmTrav maintaining its brand and team post-acquisition....

EdTech Insight – Activist Starboard sues Autodesk in bid to mount proxy fight

by EdTechMate | Jun 17, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent developments surrounding Autodesk, a leading software maker, have brought to light key emerging issues related to corporate governance, disclosure obligations, and shareholder rights within the technology sector. Software...

EdTech Insight – Apple stops offering buy now, pay later loans in U.S.

by EdTechMate | Jun 17, 2024 | CNBC, News & Insights

Executive Summary and Main Points Apple recently announced the discontinuation of its Apple Pay Later program, a buy-now-pay-later (BNPL) service introduced in the previous year. This program allowed customers to make online purchases and repay in four installments...