EdTech Insight – Bitcoin slumps below $63,000 after topping a record $73,000 last week

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

Executive Summary and Main Points The recent fluctuations in the cryptocurrency market, particularly Bitcoin’s significant drop from its all-time high, pose notable implications for the education sector. Key trends such as the adoption of Bitcoin exchange-traded...

EdTech Insight – Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion

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

“`html Executive Summary and Main Points The dynamic shifts within the digital asset management sector, particularly in the cryptocurrency exchange-traded fund (ETF) market, signal a potentially transformative phase for global financial education. Grayscale...

EdTech Insight – Laid-off techies face ‘sense of impending doom’ with job cuts at highest since dot-com crash

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

Executive Summary and Main Points The tech industry has seen a massive wave of layoffs, despite an ostensibly strong economy. Major companies like Alphabet, Amazon, Meta, and Microsoft have reduced their workforces, signaling a shift in the sector. Allison...

EdTech Insight – China’s BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe

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

Executive Summary and Main Points Chinese automaker BYD is accelerating its international expansion to compete with Tesla in the global electric car market. Despite regulatory challenges in the U.S., BYD is successfully exploring markets with more favorable political...

EdTech Insight – UnitedHealth Group has paid more than $2 billion to providers following cyberattack

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

Executive Summary and Main Points The cyberattack on Change Healthcare, a subsidiary of UnitedHealth Group, has sent ripples through the U.S. healthcare system, highlighting the increasing importance of cybersecurity measures within the health sector. The breach...

EdTech Insight – Alphabet up 3% in premarket trade after report Apple is in talks to license Gemini for iPhones

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

Executive Summary and Main Points In a recent development making waves in the technology sector, Alphabet’s shares have risen in response to reports that Apple may license Google’s Gemini AI for integration into future iPhones. Gemini represents an...