As the coronavirus pandemic exposes educational inequality throughout the United States, LEGO is looking to revamp the way digitally disadvantaged elementary and middle school students learn via a new 'purposeful play' program funded by leaders in tech and education.
Esben Staerk, LEGO Education president, explained that the toy company division has joined the 'Creating Learning Connections' initiative meant to ensure every student has "access to quality devices and quality internet connection."
In partnership with CDW-G, GE, Intel, and First Book, the initiative poured $7 million into the fund to develop tools and products that guide teachers and entice students to engage with their learning materials.
"The pandemic has exacerbated the divide. A recent study by First Book actually indicates that around 40 percent of students lack access to quality devices and almost 40 percent lack access to quality internet connections," Staerk said.
The physical aspect of LEGO Education's learning tools, according to Staerk, makes learning fun and is a better source for information retention.
"All the LEGO Education solutions are based around hands-on learning, and they're based around a playful learning or learning to play approach," he explained.
As parents and teachers express having difficulties with children learning from home, Staerk said the purposeful play program isn't just meant to level the educational playing field but also to "make sure that these communities and these students are engaged in their learning."
For Staerk, the choice to join an equal education initiative was easy since the importance of access to quality education is essential for the ability to be "life-long learners," he noted.
"It's important that we spark student creativity, their problem solving, their critical thinking, but not least, also build their confidence in learning and their resilience," Staerk added.
The Super Bowl is only a few days away, and the game is currently tracking to be the most expensive one ever.
Gametime, a website and app for last-minute tickets, says the average ticket price for the NFL's championship game is $9,502.50, with the most expensive seats costing nearly $38,000. That's a far cry away from the average ticket price of the first-ever Super Bowl in 1967, which was only $12. The average ticket price increased by more than $8,000 in just the past decade. Matt Rados, Senior Operations Manager at Gametime, joins Cheddar News' Closing Bell to discuss.
Earlier this week, digital investment advisor Betterment announced that it has hired Makara, a company known for its management of cryptocurrency portfolios. Sarah Levy, CEO of Betterment, joins Cheddar News' Closing Bell, where she explains why crypto represents such a promising long-term play and how her company stands to benefit from this latest move.
At-home medical labs company Getlabs raised $20 million in a Series A round, led by Emerson Collective and the Minderoo Foundation. Getlabs aims to be the boots-on-the-ground partner to telehealth. The company says more than 70% of medical decisions still require collecting diagnostic tests in person, and that it fills that void by delivering health care directly to their patients' homes. Founder & CEO of Getlabs Kyle Michelson joined Cheddar News' Closing Bell to discuss.
The White House laid out plans for a $5 billion investment into a national network of charging stations to ease EV driving anxiety. Bruce Brimacombe, CEO of EV infrastructure GOe3 joined Cheddar News to discuss how much needs to be done for drivers to get over the fear of running out of energy. "People need to be able to do what they're doing now," he said. "But that is the way that if you're going to buy an electric car, you got to feel like you're not changing your world." Brimacombe noted that building out the infrastructure between cities was GOe3's own focus.
Sonos reported better than expected Q1 earnings amid chip shortage with the release of its Roam product. CFO Brittany Bagley joined Cheddar News to discuss the smart speaker maker's successful report and its plans to hit its 2024 targets as people leave their homes as pandemic restrictions ease. "Even as people head out in the world, it doesn't mean they don't like to listen to music at home or watch a streaming movie at home," she said. "So there's still a real role for us and our products in peoples lives, sort of, no matter what else they're doing."
Kalle Marsal, Chief Operating Officer at PetDx, joins Cheddar Innovates to discuss how next-generation sequencing technology is being used to detect cancer in pets early.
Ashleigh Hinde, Founder and CEO of WALDO, joins Cheddar Innovates to discuss why now is a good time to make eyecare a priority, and how they are democratizing access to eyecare for all.
On this episode of Cheddar Innovates: WALDO CEO breaks down why now is a good time to make eyecare a priority, and how they are democratizing access to eyecare for all; COO at PetDx explains how next-generation sequencing technology is being used to detect cancer in pets early; Cheddar gets a look at Curiosity Stream's 'Inside The Mind of a Con Artist.'
