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EdTech Insight – Salesforce beats on earnings but forecasts single-digit revenue growth for the year

EdTech Insight – Salesforce beats on earnings but forecasts single-digit revenue growth for the year

by EdTechMate | Feb 28, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent fiscal updates from Salesforce, a leader in cloud-based software, showcased a year-over-year revenue increase of 10.8% signifying a robust demand for their services. Notably, Salesforce is venturing into AI products,...
EdTech Insight – Bitcoin jumps above $60,000 for the first time since November 2021

EdTech Insight – Bitcoin jumps above $60,000 for the first time since November 2021

by EdTechMate | Feb 28, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent surge in Bitcoin’s value, surpassing the $60,000 mark for the first time since November 2021, underscores a positive trend in cryptocurrency investments and its growing mainstream adoption. Developments such as the...
EdTech Insight – Apple reportedly cancels plans to build an electric car

EdTech Insight – Apple reportedly cancels plans to build an electric car

by EdTechMate | Feb 27, 2024 | CNBC, News & Insights

Executive Summary and Main Points In a strategic shift, tech giant Apple Inc. has decided to discontinue its electric car project, the Special Projects Group, to refocus efforts on generative artificial intelligence (AI). Initially spurred in 2014 to challenge...
EdTech Insight – Unity shares sink on weak guidance

EdTech Insight – Unity shares sink on weak guidance

by EdTechMate | Feb 26, 2024 | CNBC, News & Insights

Executive Summary and Main Points The recent financial update from Unity Software, a leading gaming software company known for its real-time 3D development platform, reveals a notable shift in the company’s strategy that may influence trends in the global higher...
EdTech Insight – Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images

EdTech Insight – Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images

by EdTechMate | Feb 26, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points Google DeepMind’s AI image generation tool, introduced through Gemini, encountered issues with historical inaccuracies leading to a temporary shutdown. Google plans a relaunch following the resolution of these...
EdTech Insight – Nvidia briefly surpasses $2 trillion in market cap during intraday trading

EdTech Insight – Nvidia briefly surpasses $2 trillion in market cap during intraday trading

by EdTechMate | Feb 23, 2024 | CNBC, News & Insights

Executive Summary and Main Points Nvidia’s CEO Jensen Huang’s recent onstage discussion at The New York Times Dealbook Summit has coincided with their significant fiscal performance, with Nvidia’s market cap briefly surpassing $2 trillion during...
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