In 2025, TIME will once again publish its ranking of the World’s Top EdTech Companies, in partnership with Statista, a leading international provider of market and consumer data and rankings. This list identifies the most innovative, impactful, and growing companies in EdTech, which have established themselves as leaders in the EdTech industry.
Companies that focus primarily on developing and providing education technology are encouraged to submit applications as part of the research phase. An application guarantees consideration for the list, but does not guarantee a spot on the list, nor is the final list limited to applicants.
To apply, click here.
More information visit: https://www.statista.com/page/ed-tech-rankings. Winners will be announced on TIME.com in April 2025.
Intel CEO Pat Gelsinger has retired, with David Zinsner and Michelle Johnston Holthaus named as interim co-CEOs.
Gelsinger, whose career has spanned more than 40 years, also stepped down from the company’s board. He started at Intel in 1979 at Intel and was its first chief technology officer. He returned to Intel as chief executive in 2021.
[time-brightcove not-tgx=”true”]Intel said Monday that it will conduct a search for a new CEO.
Read More: Intel’s CEO on Turning Skeptics Into Believers
Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed to the newly created position of CEO of Intel Products, which includes the client computing group, data center and AI group and etwork and Edge Group.
Frank Yeary, independent chair of Intel’s board, will become interim executive chair.
“Pat spent his formative years at Intel, then returned at a critical time for the company in 2021,” Yeary said in a statement. “As a leader, Pat helped launch and revitalize process manufacturing by investing in state-of-the-art semiconductor manufacturing, while working tirelessly to drive innovation throughout the company.”
Last week it was revealed that the Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations.
The reduction is largely a byproduct of the $3 billion that Intel is also receiving to provide computer chips to the military. President Joe Biden announced the agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans in March.
The changes to Intel’s funding are not related to the company’s financial record or milestones, the people familiar with the grant told The Associated Press. In August, the chipmaker announced that it would cut 15% of its workforce — about 15,000 jobs — in an attempt to turn its business around to compete with more successful rivals like Nvidia and AMD.
Unlike some of its rivals, Intel manufactures chips in addition to designing them.
Shares of the Santa Clara, California, company, jumped more than 4% in premarket trading.
MELBOURNE, Australia — A social media ban for children under 16 passed the Australian Parliament on Friday in a world-first law.
The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts.
[time-brightcove not-tgx=”true”]The Senate passed the bill on Thursday 34 votes to 19. The House of Representatives on Wednesday overwhelmingly approved the legislation by 102 votes to 13.
The House on Friday endorsed opposition amendments made in the Senate, making the bill law.
Prime Minister Anthony Albanese said the law supported parents concerned by online harms to their children.
“Platforms now have a social responsibility to ensure the safety of our kids is a priority for them,” Albanese told reporters.
The platforms have one year to work out how they could implement the ban before penalties are enforced.
Meta Platforms, which owns Facebook and Instagram, said the legislation had been “rushed.”
Digital Industry Group Inc., an advocate for the platforms in Australia, said questions remain about the law’s impact on children, its technical foundations and scope.
“The social media ban legislation has been released and passed within a week and, as a result, no one can confidently explain how it will work in practice – the community and platforms are in the dark about what exactly is required of them,” DIGI managing director Sunita Bose said.
The amendments passed on Friday bolster privacy protections. Platforms would not be allowed to compel users to provide government-issued identity documents including passports or driver’s licenses, nor could they demand digital identification through a government system.
Critics of the legislation fear that banning young children from social media will impact the privacy of all users who must establish they are older than 16.
While the major parties support the ban, many child welfare and mental health advocates are concerned about unintended consequences.
Sen. David Shoebridge, from the minority Greens party, said mental health experts agreed that the ban could dangerously isolate many children who used social media to find support.
“This policy will hurt vulnerable young people the most, especially in regional communities and especially the LGBTQI community, by cutting them off,” Shoebridge told the Senate.
Exemptions will apply for health and education services including YouTube, Messenger Kids, WhatsApp, Kids Helpline and Google Classroom.
Opposition Sen. Maria Kovacic said the bill was not radical but necessary. “The core focus of this legislation is simple: It demands that social media companies take reasonable steps to identify and remove underage users from their platforms,” Kovacic told the Senate.
“This is a responsibility these companies should have been fulfilling long ago, but for too long they have shirked these responsibilities in favor of profit,” she added.
Online safety campaigner Sonya Ryan, whose 15-year-old daughter Carly was murdered by a 50-year-old pedophile who pretended to be a teenager online, described the Senate vote as a “monumental moment in protecting our children from horrendous harms online.”
“It’s too late for my daughter, Carly, and the many other children who have suffered terribly and those who have lost their lives in Australia, but let us stand together on their behalf and embrace this together,” she said.
Wayne Holdsworth, whose teenage son Mac took his own life after falling victim to an online sextortion scam, had advocated for the age restriction and took pride in its passage.
“I have always been a proud Australian, but for me subsequent to today’s Senate decision, I am bursting with pride,” Holdsworth said.
Christopher Stone, executive director of Suicide Prevention Australia, the governing body for the suicide prevention sector, said the legislation failed to consider positive aspects of social media in supporting young people’s mental health and sense of connection.
“The government is running blindfolded into a brick wall by rushing this legislation. Young Australians deserve evidence-based policies, not decisions made in haste,” Stone said.
The platforms had complained that the law would be unworkable and had urged the Senate to delay the vote until at least June 2025 when a government-commissioned evaluation of age assurance technologies will report on how young children could be excluded.
“Naturally, we respect the laws decided by the Australian Parliament,” Facebook and Instagram owner Meta Platforms said. “However, we are concerned about the process which rushed the legislation through while failing to properly consider the evidence, what industry already does to ensure age-appropriate experiences, and the voices of young people.”
Snapchat said it was also concerned by the law and would cooperate with the government regulator, the eSafety Commissioner.
“While there are many unanswered questions about how this law will be implemented in practice, we will engage closely with the Government and the eSafety Commissioner during the 12-month implementation period to help develop an approach that balances privacy, safety and practicality. As always, Snap will comply with any applicable laws and regulations in Australia,” Snapchat said in a statement.
Critics argue the government is attempting to convince parents it is protecting their children ahead of a general election due by May. The government hopes that voters will reward it for responding to parents’ concerns about their children’s addiction to social media. Some argue the legislation could cause more harm than it prevents.
Criticisms include that the legislation was rushed through Parliament without adequate scrutiny, is ineffective, poses privacy risks for all users, and undermines the authority of parents to make decisions for their children.
Opponents also argue the ban would isolate children, deprive them of the positive aspects of social media, drive them to the dark web, discourage children too young for social media to report harm, and reduce incentives for platforms to improve online safety.
—AP Business Writer Kelvin Chan in London contributed to this report.
MELBOURNE, Australia — Australia’s House of Representatives on Wednesday passed a bill that would ban children younger than 16 years old from social media, leaving it to the Senate to finalize the world-first law.
The major parties backed the bill that would make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent young children from holding accounts.
[time-brightcove not-tgx=”true”]The legislation passed 102 to 13. If the bill becomes law this week, the platforms would have one year to work out how to implement the age restrictions before the penalties are enforced.
Opposition lawmaker Dan Tehan told Parliament the government had agreed to accept amendments in the Senate that would bolster privacy protections. Platforms would not be allowed to compel users to provide government-issued identity documents including passports or driver’s licenses, nor could they demand digital identification through a government system.
“Will it be perfect? No. But is any law perfect? No, it’s not. But if it helps, even if it helps in just the smallest of ways, it will make a huge difference to people’s lives,” Tehan told Parliament.
The bill was introduced to the Senate late Wednesday but it adjourned for the day hours later without putting it to a vote. The legislation will likely be passed on Thursday, the Parliament’s final session for the year and potentially the last before elections, which are due within months.
The major parties’ support all but guarantees the legislation will pass in the Senate, where no party holds a majority of seats.
Lawmakers who were not aligned with either the government or the opposition were most critical of the legislation during debate on Tuesday and Wednesday.
Criticisms include that the legislation had been rushed through Parliament without adequate scrutiny, would not work, would create privacy risks for users of all ages and would take away parents’ authority to decide what’s best for their children.
Critics also argue the ban would isolate children, deprive them of positive aspects of social media, drive children to the dark web, make children too young for social media reluctant to report harms encountered, and take away incentives for platforms to make online spaces safer.
Independent lawmaker Zoe Daniel said the legislation would “make zero difference to the harms that are inherent to social media.”
“The true object of this legislation is not to make social media safe by design, but to make parents and voters feel like the government is doing something about it,” Daniel told Parliament.
“There is a reason why the government parades this legislation as world-leading, that’s because no other country wants to do it,” she added.
The platforms had asked for the vote to be delayed until at least June next year when a government-commissioned evaluation of age assurance technologies made its report on how the ban could be enforced.
Melbourne resident Wayne Holdsworth, whose 17-year-old son Mac took his own life last year after falling victim to an online sextortion scam, described the bill as “absolutely essential for the safety of our children.”
“It’s not the only thing that we need to do to protect them because education is the key, but to provide some immediate support for our children and parents to be able to manage this, it’s a great step,” the 65-year-old online safety campaigner told The Associated Press on Tuesday.
“And in my opinion, it’s the greatest time in our country’s history,” he added, referring to the pending legal reform.
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