EdTech Insight – Bitcoin bounces above $43,000, turns positive for 2024

by EdTechMate | Jan 29, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The recent surge in Bitcoin’s value, breaking the $43,000 threshold, has been chiefly driven by the approval of spot Bitcoin Exchange-Traded Funds (ETFs). Ether and other cryptocurrencies like Solana’s SOL and...

EdTech Insight – Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff

by EdTechMate | Jan 29, 2024 | CNBC, News & Insights

“`html Executive Summary and Main Points The recent regulatory halt of Amazon’s proposed acquisition of iRobot highlights a significant trend of increased scrutiny by global antitrust agencies towards technology conglomerates. The European...

EdTech Insight – Activists are eyeing tech stocks ahead of expected M&A rebound after two-year lull

by EdTechMate | Jan 29, 2024 | CNBC, News & Insights

Executive Summary and Main Points Recent trends in the technology market indicate a resurgence of mergers and acquisitions (M&As), signaling a shift from the cost-cutting strategies that were predominant due to the COVID-19 pandemic. Activist investors, who play...

EdTech Insight – Sony is making a bold bet on an African gaming startup to boost PlayStation’s reach in the continent

by EdTechMate | Jan 29, 2024 | CNBC, News & Insights

Executive Summary and Main Points Sony’s strategic investment into Cape Town-based video game studio Carry1st highlights a burgeoning shift in the digital entertainment landscape with African markets emerging as significant players. This foray is significant for...

EdTech Insight – Taylor Swift’s name not searchable on X days after sexually explicit deepfakes go viral

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

Executive Summary and Main Points The recent incident involving the circulation of non-consensual deepfake images of U.S. singer-songwriter Taylor Swift has drawn significant attention to the risks and ethical concerns associated with artificial intelligence (AI) in...

EdTech Insight – Sextortion is fastest-growing crime targeting minors in North America – and social media companies can do more to stop it, study finds

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

Executive Summary and Main Points The escalating trend of financial sextortion, particularly through the non-organized cybercriminal group “Yahoo Boys” based in West Africa, is becoming an increasingly significant cybercrime in North America and Australia,...