EdTech Insight – Samsung expects first-quarter profit to soar 931% as memory chip prices rebound

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

Executive Summary and Main Points Samsung Electronics has announced a staggering 931% increase in first-quarter operating profit for the year 2024, indicative of a buoyant turnaround in the chip industry that is poised to make substantial ripples in the education...

EdTech Insight – Twilio board shakeup prompts renewed activist scrutiny

by EdTechMate | Apr 4, 2024 | CNBC, News & Insights

Executive Summary and Main Points The software company Twilio, a provider of communications software, has experienced significant upheavals driven by pressures from activist investors, including Anson Funds. The pressuring campaign, which has spanned nearly a year,...

EdTech Insight – Meta shares hit intraday record after analyst says company ‘has too many advantages to count’

by EdTechMate | Apr 4, 2024 | CNBC, News & Insights

Source article: https://www.cnbc.com/2024/04/04/meta-rises-to-record-after-jefferies-rbc-analysts-raise-price-targets.html

EdTech Insight – Amazon resumes construction on office tower in Seattle suburb after yearslong hiatus

by EdTechMate | Apr 4, 2024 | CNBC, News & Insights

Executive Summary and Main Points The evolution of Amazon’s office infrastructure has shown a significant adjustment in response to the changing dynamics of work due to the pandemic. Amazon’s construction resumption of a 42-story office tower,...

EdTech Insight – Elon Musk’s X begins rewarding ‘influential’ users with blue checks, free subscriptions to platform

by EdTechMate | Apr 4, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The social media platform X, led by Elon Musk, has initiated a new strategy to incentivize “influential” users by offering free access to its previously paid premium features, such as verification badges. This...

EdTech Insight – Alphabet reportedly weighing offer for HubSpot, sending shares in the $32 billion marketing company up 7%

by EdTechMate | Apr 4, 2024 | CNBC, News & Insights

Source article: https://www.cnbc.com/2024/04/04/alphabet-in-talks-to-acquire-hubspot.html