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Chinese Hackers Targeted Pearson, Accessing Millions of Student Records

Marketplace K-12

Pearson was the unnamed education software company that federal prosecutors said was the victim of Chinese hackers, who last year targeted companies across several industries. The post Chinese Hackers Targeted Pearson, Accessing Millions of Student Records appeared first on Market Brief.

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Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

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The biggest education company in the world is moving away from a production model that has been one of the main drivers in the rising cost of textbooks. This new development process goes into effect next year, when “we will have a substantial number of titles that we will apply this new model to,” says Pearson CEO John Fallon.

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Nine New Lawsuits Target ?Inclusive Access? Textbook Programs, Alleging Antitrust Violations

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Nine lawsuits filed in March, April and May against major textbook companies and retailers take aim at their bulk deals with colleges to offer online course materials, sometimes referred to as “inclusive access” programs. The new lawsuits argue that inclusive access deals strangle the used book market and therefore drive up textbook prices.

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Targeting ‘Inclusive Access’ Deals, College Bookstores Sue Textbook Publishers and Retailers

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At the heart of the case are so-called “inclusive access” programs. Under this model, college students don’t procure materials on their own, but instead pay a fee (sometimes added to their tuition bills) in exchange for access to a bundle of digital textbooks and courseware systems assigned for their classes. Cengage Learning Inc.,

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Pearson Sells Mixed Reality Learning Unit to a New Company, GIGXR

Edsurge

As Pearson resumes its education technology investment activity, the publisher is also divesting other edtech assets at the same time. 16, Pearson announced the first two deals made by its recently formed venture fund , which invested $4.2 All 16 staff formerly on that Pearson team will make the transition to the new company.

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When Colleges Sign ‘Inclusive Access’ Textbook Deals, Can Students and Professors Opt Out?

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Yet the contract terms for these subscription arrangements—which some publishers call “inclusive access” programs—raise questions about whether publishers and colleges pressure students into participating. PIRG obtained 52 contracts between 31 colleges and major publishers, including Cengage, McGraw-Hill and Pearson.

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

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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. Even its digital education assets, including PowerSchool, a student information system, was sold because it didn’t fit with Pearson’s focus on learning outcomes.

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