EdTech Insight – Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO

by EdTechMate | Jun 5, 2024 | CNBC, News & Insights

Executive Summary and Main Points The global higher education sector is witnessing a pivotal transformation as tech giants, such as Alphabet, the parent company of Google, are making strategic executive changes that may influence innovation and growth trends. Alphabet...

EdTech Insight – Australia drops case against Elon Musk’s social media platform X over church stabbing footage

by EdTechMate | Jun 5, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent legal conflict between Elon Musk’s X Holdings Corp. and the Australian government serves as a pivotal case in the dialectic between online safety enforcement and the principle of free speech. This clash over the...

EdTech Insight – SoftBank shares jump up to 6.3% on report that Elliott Management’s pushing for $15 billion in buybacks

by EdTechMate | Jun 5, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the context of international education and digital transformation, key innovations and trends emerge from the recent developments surrounding SoftBank Group’s strategic investments. With Elliott Management rebuilding a...

EdTech Insight – Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals

by EdTechMate | Jun 5, 2024 | CNBC, News & Insights

Executive Summary and Main Points Intel endeavors to reclaim its status as the world’s foremost chipmaker, as stated by CEO Pat Gelsinger, following a period of being outperformed by TSMC and Samsung. The company is committed to revitalizing its foundry...

EdTech Insight – Goldman-backed Starling says no plans to pursue EU bank license, expansion to come from software

by EdTechMate | Jun 5, 2024 | CNBC, News & Insights

Executive Summary and Main Points The banking sector is witnessing a significant pivot in strategy with the UK’s neobank Starling deciding against re-applying for a European Union banking license for its international expansion. Incoming CEO Raman Bhatia,...

EdTech Insight – Qualcomm-backed firm launches latest AI chips — posing a challenge to giants like Nvidia

by EdTechMate | Jun 5, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the realm of artificial intelligence, Kneron, a burgeoning AI chip startup, made waves with the introduction of its next-generation product, the KNEO 330, a server that positions itself as a viable alternative to the services...