Edtech Business

Amazon’s Recent Account Closures Have Affected College Students Too

When college student Brookeline Gottschalk tried to login into her Amazon account on March 30, she got a message that her email wasn’t recognized. She kept trying, but to no avail. When she called Amazon, a representative told her it appeared she had closed her account. That posed a particular problem for her since she needed her account to access an audiobook for a history class.

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Google and Udacity Offering 5,000 Scholarships for Nanodegree Programs

Google and Udacity are partnering to offer 5,000 scholarships for Udacity’s Nanodegrees in Android or mobile web development, according to Peter Lubbers, a senior program manager and the head of Google Developer Training. He says the program was designed to give people the skills they need to get a job as a mobile web or Android developer.

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What’s Next for Pearson? (Not Buying Your Education Startup.)

It’s hard not to pick on Goliath when things unravel. For Pearson, the world’s largest education company, some of its recent tumult in past years have been self-imposed, even deliberate, under the helm of John Fallon. Since taking the reins as CEO in 2013, he has aggressively shed assets considered tangential to the publisher’s digital transformation strategy.

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General Assembly to Be Acquired By Swiss HR Firm for $412.5 Million

General Assembly, the New York-based provider of coding bootcamps and short-term career-focused educational programs, has reached an agreement to be acquired by the Adecco Group for $412.5 million.Based in Zurich, Switzerland, the Adecco Group is a conglomerate that houses eight brands that provide staffing, recruitment, freelancing and other talent management and human resource services.

A Primer for Scaling Your Education Business—Successfully

There is no more powerful lever one can pull to transform a person’s life than to provide access to quality education. But for education entrepreneurs to reach students at scale, they need access to people, systems and capital. The strongest businesses are those where strong educational outcomes are co-linear with strong financial performance. In other words, as the business reaches more students, the company generates higher revenue and more value—financially and with social impact.

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K-12 Entrepreneurship: Slow Entry, Distant Exit

In October 2007, Larry Berger, then chief executive of Wireless Generation and his colleague, David Stevenson, a Wireless Gen vice president, gave a presentation at the American Enterprise Institute conference about why entrepreneurs faced formidable obstacles in building technology for schools and districts.

China’s NetDragon to Acquire Edmodo for $137.5 Million

China’s NetDragon has gobbled up another education technology company. This time, it’s Edmodo, one the largest online social communities of teachers and students in the world.NetDragon Websoft, a publicly-traded company based in Fuzhou, China, has agreed to pay $137.5 million for Edmodo. That deal includes a modest cash outlay of approximately $15 million and a significant chunk of equity (about $122 million worth of shares in NetDragon's education subsidiary.)

ABCmouse Creator, Age of Learning Taps Tencent to Lead Its Expansion in China

The mouse that guides children through ABCmouse, an educational app, is getting help from China’s most recognizable penguin to break into one of the world’s biggest market for English language learning.

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Padlet’s Price Update Riles Teachers, Raises Questions About Sustainability of Freemium Models

Over the years, many educators took to Padlet, a free digital bulletin board where teachers and students could post messages, images, videos and links to online resources. But the San Francisco-based company’s sudden switch to a new pricing plan has upset teachers who had become used to a generous, mostly free product.

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Still in the Thick of K-12? Amazon Partners With Edhesive to Bring CS Education to Schools

Despite fits and starts, Amazon is marching forth with its K-12 education efforts. On Monday, just days after the company quietly said it would be shutting down TenMarks’ online math and writing tools, it announced a partnership with Edhesive, a company that offers computer science curriculum to schools.

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