EdTech Insight – Apple supplier TDK says battery breakthrough can deliver higher performance for wearable devices

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

Executive Summary and Main Points Japanese electronics company TDK has announced a significant breakthrough in the development of solid-state battery technology, boasting an energy density of 1,000 Wh/l—approximately 100 times greater than their conventional...

EdTech Insight – Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure

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

Executive Summary and Main Points The recent developments involving Starboard Value’s significant acquisition of Autodesk shares underline key trends in shareholder activism and corporate governance in the technology sector. Autodesk’s internal...

EdTech Insight – Malaysia is emerging as a data center powerhouse amid booming demand from AI

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

Executive Summary and Main Points Malaysia is quickly becoming a significant hub for data centers in Southeast Asia, spurred by the escalating demands for cloud computing and artificial intelligence (AI) capabilities. Investments fueling this growth are pouring in,...

EdTech Insight – From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble

by EdTechMate | Jun 16, 2024 | CNBC, News & Insights

Executive Summary and Main Points The digital asset space has experienced significant turbulence with the collapse of major cryptocurrencies and their founders facing legal consequences. Terraform Labs co-founder Do Kwon, once a respected figure in the crypto...

EdTech Insight – Advisors ‘wary’ of bitcoin ETFs are on a slow adoption journey, says BlackRock exec

by EdTechMate | Jun 16, 2024 | CNBC, News & Insights

Executive Summary and Main Points The launch of bitcoin exchange traded funds (ETFs), such as the iShares Bitcoin Trust (IBIT) in January 2024, signals a cautious but evolving integration of cryptocurrency into traditional finance. BlackRock’s Samara Cohen,...

EdTech Insight – Adobe shares surge 15% for sharpest rally since 2020

by EdTechMate | Jun 14, 2024 | CNBC, News & Insights

Executive Summary and Main Points Adobe’s outstanding financial results underscore a significant trend in digital transformation within the global higher education sector. The company’s success is largely attributed to robust growth across its Creative...