EdTech Insight – Epic Games says Apple retaliated over lawsuits by banning company’s developer account

by EdTechMate | Mar 6, 2024 | CNBC, News & Insights

Executive Summary and Main Points The ongoing feud between Epic Games and Apple has reached a pivotal episode as Apple denies Epic Games a developer account essential for launching a competitor app store in Europe. This move comes amidst heightened antitrust scrutiny,...

EdTech Insight – Bitcoin rockets to an all-time high above $69,000, surpassing 2021 record

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

Executive Summary and Main Points The cryptocurrency Bitcoin has attained a new peak, reaching $69,210, signifying its highest value in over two years. Key factors contributing to this surge include the market anticipation for Bitcoin exchange-traded funds (ETFs) and...

EdTech Insight – Singapore’s Sea Limited posts first profitable year amid efforts to defend market share against Lazada, TikTok

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

Executive Summary and Main Points Sea Limited, a leading Southeast Asian conglomerate with ventures in digital finance (MariBank, SeaMoney), e-commerce (Shopee), and gaming (Garena), recently announced its first profitable year, with a transformation from significant...

EdTech Insight – Anthropic, backed by Amazon and Google, debuts its most powerful chatbot yet

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

“`html Executive Summary and Main Points Anthropic, an AI startup founded by ex-OpenAI research executives, has introduced Claude 3, its latest suite of AI models including Claude 3 Opus, Sonnet, and Haiku. With Claude 3 Opus reportedly outperforming GPT-4 and...

EdTech Insight – Former Twitter execs sue Musk and X for more than $128 million in severance

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

Executive Summary and Main Points Recent litigation filed against Elon Musk and X Corp. (formerly Twitter) by ex-Twitter executives sheds light on the potential perils of transitions in ownership, particularly in tech companies. The lawsuit involves claims for unpaid...

EdTech Insight – Bitcoin tops $66,000 as it nears 2021 all-time high

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

Executive Summary and Main Points The past week has witnessed remarkable movements in the cryptocurrency market, particularly pertaining to bitcoin and ether. Bitcoin’s price surge is edging closer to its all-time high, with a nearly 5% increase at $66,279.82,...