K-12 Dealmaking: Sphero Acquires littleBits; Coursera Makes First Acquisition

Marketplace K-12

In recent dealmaking news, the robotics company Sphero has acquired littleBits, while online education company Coursera acquired startup Rhyme Softworks. The post K-12 Dealmaking: Sphero Acquires littleBits; Coursera Makes First Acquisition appeared first on Market Brief. Marketplace K-12 K-12 Dealmaking Mergers and Acquisitions Online / Virtual Learning Science Education

Coursera Co-Founder Andrew Ng Wants to Bring ‘AI to Everyone’ in Latest Course

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In popular culture, artificial intelligence is used to describe anything from product recommendations to self-driving cars and futuristic robotic overlords. Lessons will include how to select AI projects, as well as how to work with and manage AI teams within companies. The course will cost $49 per month and will be hosted on Coursera, a platform for massive open online courses, or MOOCs, that Ng co-founded in 2012. (He He left the company in 2014.)

Andrew Ng Is Probably Teaching More Students Than Anyone Else on the Planet. (Without a University Involved.)

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The assumption—especially in the marketing messages from major providers like Coursera and edX—is that the winners of traditional higher education will also end up the winners in the world of online courses. In fact, three of the 10 most popular courses on Coursera aren’t produced by a college or university at all, but by a company. That company—called Deeplearning.ai —is a unique provider of higher education. That company is now valued at more than a billion dollars.

4 Ways AI Education and Ethics Will Disrupt Society in 2019

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In 2018 we witnessed a clash of titans as government and tech companies collided on privacy issues around collecting, culling and using personal data. Meanwhile, the public was amazed at technological advances like Boston Dynamic’s Atlas robot doing parkour , while simultaneously being outraged at the thought of our data no longer being ours and Alexa listening in on all our conversations. Companies will face increased pressure about the data AI-embedded services use.

So, What IS the Future of Work?

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I’m excited about seeing the value of arts and humanities come back in the coming years because there are some things robots cannot do. However, Coursera vice president Julia Stiglitz added that even platforms like her company’s likely won’t eliminate the traditional college model. “I I don’t think the Coursera experience will replace what happens in a residential [college] experience,” she said in a panel about college majors. “I

The Business of Ed-Tech: 2017 So Far

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And indeed, according to my calculations too, the amount of money invested in education technology companies is up from this time last year and up from this time in 2015 as well. So far this year, there have been 95 investments in ed-tech companies, totaling $1.8

Hack Education Weekly News

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From the Coursera blog : “Announcing ‘ AI for Everyone ’: a new course from deeplearning.ai on Coursera.” is the new company of Andrew Ng , Coursera’s co-founder.) ” From Fast Company : “Amazon’s HQ2 could eliminate 1,500 affordable housing units in NYC.” Robots and Other Education Science Fiction. More robot news up in the MOOC section above. The learn-to-code company has raised $2.6

The Business of 'Ed-Tech Trends'

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Tom Webster, the VP of strategy at the market research firm Edison Research, argued that the report should be viewed as “an extremely effective piece of content marketing,” pointing to the number of slides that cite data about or by a portfolio company of Meeker’s employer, the venture capital firm Kleiner Perkins Smith Caulfield. “Why are there 72 slides about gaming, from a company invested in EA, Zynga, Mobcrush, and Magic Leap?”

Hack Education Weekly News

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” (Related: “Theranos investor Tim Draper blames the company’s downfall on an investigative journalist,” Business Insider reports.). ” ECOT is the Electronic Classroom of Tomorrow, an online charter school company. a Florida-based breakfast chain, has joined a growing number of companies offering employee education benefits.” ” Via Education Week : “How (and Why) Ed-Tech Companies Are Tracking Students’ Feelings.”

Hack Education Weekly News

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Coursera ’s 2018 Revenue Estimated to be $140 million,” Class Central estimates. Doesn’t look like the company has anyone to take his place yet. Instead, the company handed him a $90 million exit package, paid in installments of about $2 million a month for four years, said two people with knowledge of the terms.” It’s a rot at the very core of the company’s leadership team. Robots and Other Education Science Fiction.

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Via Forbes : “This Company Could Be Your Next Teacher: Coursera Plots A Massive Future For Online Education.” “How a 5-Decade Old Education Company Reinvented Itself” – Edsurge interviews the CEO of the company formerly known as Curriculum Associates. Robots and Other Education Science Fiction. “A Humanoid Robot Gave a Lecture in a West Point Philosophy Course,” says Futurism.com.

Hack Education Weekly News

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Via Education Week : “ DeVos-Backed Company Makes Questionable Claims on Autism , ADHD.” ” “Betsy DeVos Won’t Shed Stake in Biofeedback Company , Filings Show,” The New York Times reports. ” Online Education and the Once and Future “MOOC” Via Edsurge : “ Coursera ’s New Strategy Takes Inspiration From Netflix – and LinkedIn.” “Can robotics teach problem solving to students?”

Hack Education Weekly News

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In Move Towards More Online Degrees, Coursera Introduces Its First Bachelor ’s.” ” “Coursera and other purveyors of massive open online courses supposedly signaled the end of traditional credentials and, as some told it, universities. Now the company is betting big on both,” says Inside Higher Ed. “ Coursera More than Doubles Number of Degrees on Its Platform,” says Campus Technology. Robots and Other Education Science Fiction.

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Via The Verge : “US denies visas to Afghanistan ’s all-girl robotics team.” Via The Washington Post : “SEC settles fraud charges against defunct for-profit college company ITT.” ” (Edsurge, for what it’s worth, shares investors with Class Central, Udacity, and Coursera (although there’s no disclosure on that article to that end) – funny how the narratives about the “revolutionary” potential of MOOCs get spread, eh?).

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SoFi is the ed-tech company that has raised the most venture capital. And more on who’s buying student loan companies in the “business of ed-tech” section below. More MOOC job changes: Techcrunch reports that “ Coursera ’s chief product officer just left to become a VC.” Changes too at another textbook company as Doug Levin, the CEO of McGraw Hill Education announced he’s stepping down. Robots and Other Ed-Tech SF.

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Via The USA Today : “Kids on winning robotics team told, ‘Go back to Mexico’ ” The kids were from Pleasant Run Elementary School in Indianapolis. Online Education and the Once and Future “MOOC” “ Coursera Removes Biometric Identity Verification Using Keystroke Matching,” Class Central reports. An update on Coursera co-founder Andrew Ng’s employment status in the HR section below. Robots and Other Ed-Tech SF.

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” The Kenyan Ministry of Education says that the Bridge International Academies are not complying with the country’s laws, and the company, which runs chains of schools across the developing world, has not received approval for its curriculum. ” The curriculum company Great Minds is appealing a lawsuit in which it claimed that FedEx had violated the “open” in its open educational resources by making copies. Robots and Other Ed-Tech SF.

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” Via Campus Technology : “ Coursera ’s CEO on the Evolving Meaning of ‘MOOC’ ” There’s more ECOT news – there’s always more ECOT news – in the “state and local politics” section above. Robots and Other Education Science Fiction. Probably my favorite “robots are the future of education” story in a good, long while. The textbook company has raised $6 million total.

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Chopra worked at the CFPB and, while there, “sued two for-profit-college companies – ITT Educational Services Inc. ” It’s now unclear, observers say, if the FTC can regulate companies like Google or Verizon. ” “Two assessment companies – Educational Testing Service and Data Recognition Corp. More on Coursera and certification in the certification section below.). ” asks Fast Company. (I’m Education Politics.

Education Technology and the 'New Economy'

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” Note the significant difference in language in this headline from The Verge , for example – “ Harvard’s Root robot teaches kids how to code ” – and the way in which Seymour would describe the LOGO Turtle – that students would using programming to teach the robot. The work is also supported by companies including Apple, Google and Expedia, as well as education organizations including the CollegeBoard, Teach For America and STEMx.”

Driverless Ed-Tech: The History of the Future of Automation in Education

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But as it turned out, the zeppelin company had gone out of business – I imagine that many people, like myself, could only think about Christopher Walken and Grace Jones’ characters and opted not to go. Google versus Didi (a Chinese self-driving car company).

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Via Inside Higher Ed : “ DeVry Parent Company Makes Pledges to Students.” ” Online Education and the Once and Future “MOOC” Chalkbeat investigates the Indiana Virtual School : “As students signed up, online school hired barely any teachers – but founder’s company charged it millions.” The Australian company provides courses for schools that decide to outsource their educational services. From tech companies, I guess?

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Securities and Exchange Commission for allegedly sharing five school districts’ private information with an advisory company while it was negotiating for the districts’ contracts.” ” I haven’t seen the ed-tech press cover this story, even though one of the charges he faced involved a contract with the ed-tech company Edgenuity. For-profit higher ed company Education Management Corp says it will close 22 out of 26 of its Brown Mackie College locations.

Hack Education Weekly News

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” Also via Class Central : “ Coursera Lets Instructors A/B Test Their Courses, Experiments With Automated Coaching.” Speaking of pseudoscientific products, Education Week reports that “ DeVos -Supported ‘Brain-Performance’ Company Loses Appeal Over Misleading Advertising.” Or this one: “A Growth Mindset Can Reduce the Gender Gap in STEM,” claims Coursera’s blog. ” Robots and Other Education Science Fiction.

Hack Education Weekly News

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” That is, the daycare company Bright Horizons will pay for its employees to get their degrees at four institutions – three of which are for-profits (including Ashford University and Walden University, which have been targets of lawsuits claiming they misled students). Via Edsurge : “ Coursera ’s First Ivy League Degree: An Online Master’s From the University of Pennsylvania.” Robots and Other Education Science Fiction.

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” Via The Chronicle of Higher Education : “ For-Profit Companies With the Highest Enrollments at Their Colleges, Fall 2016.” Via CNBC : “ Google , Apple and 13 other companies that no longer require employees to have a college degree.” The ed-tech company Gaggle is peddling a “ solution ” to teachers’ strikes , apparently. ” Robots and Other Education Science Fiction. The company has raised $182.3

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Not really ed-tech-related, except for all those companies saying they’re “Uber for education.” ” Online Education and the Once and Future “MOOC” Via Edsurge : “ Andrew Ng , Co-Founder of Coursera , Returns to MOOC Teaching With New AI Course.” The Chan Zuckerberg Initiative ’s CTO, Brian Pinkerton , is leaving the company. Via the Coursera blog : “What’s Next in Employee Learning: Virtual Reality.”

Hack Education Weekly News

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” Online Education and the Once and Future “MOOC” Via Inside Higher Ed : “Online education platform Coursera has set a goal of offering 15 to 20 degree programs by the end of 2019. The company took another step toward that goal Wednesday, announcing new degree offerings from the University of Illinois at Urbana-Champaign and France’s HEC Paris.” ” Via Edsurge : “ Coursera ’s Rick Levin on the Evolution of MOOCs and Microcredentials.”

Hack Education Weekly News

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Mindwires Consulting’s Phil Hill analyzes a recent interview with Coursera ’s CEO and argues the MOOC provider is “betting on OPM market and shift to low-cost masters degrees.” Rather Harvard has outsourced instruction to the for-profit company Trilogy Education. ” Robots and Other Education Science Fiction. Short-term-jobs-for-students company Student Pop has raised $3.4

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Edsurge profiles Dr. Chuck about his work on MOOCs with Coursera. ( No disclosure in this or its Class Central article that it shares investors with these MOOC companies.). From the Coursera blog : “Building India ’s Workforce for 2020.” the nation’s largest virtual charter school management company , as president of academics, policy, and schools. Now he’s launching a new company – and of course it’s ed-tech.

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That seems to be Coursera ’s business model. Via Edsurge : “As LinkedIn ’s Video Library Grows, Company Says It Has No Plans to Compete With Colleges.” That’s despite privacy concerns about the company. Robots and Other Ed-Tech SF. Coursera has raised another $64 million in funding from GSV Asset Management, Kleiner Perkins Caufield & Byers, Lampert Foundation, Learn Capital, and New Enterprise Associates. Education Politics.

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” More news about a data breach at a testing company in the infosec section below. Via Techcrunch : “ Google and Coursera launch program to train more IT support specialists.” Edsurge covers Clever ’s new product “Clever Goals,” which takes the data that the company gleans about student usage of technology and sells it back to schools. Robots and Other Education Science Fiction. ” The company: Questar Assessment, Inc.

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” “ The Most Popular Courses of 2016 ” on Coursera. Edsurge rewrites Coursera’s infographic – because journalism – about which classes are popular in “red states” and which ones are popular in “blue states.” My bet is he joins the Trump administration; Edsurge thinks he’ll start a new company. “Could robots be marking your homework ?” The English-language learning company has raised $15.25

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The company said that the Department of Education’s decision to bar it from federal financial aid forced it to do so. Employees claim they were not notified that the company would be closing. Via Politico : “There’s no firm deadline for the Education Department to weigh in on whether a group of investors, which includes some with deep ties to the Obama administration, are effectively allowed to buy the University of Phoenix ’s parent company.

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” The results are self-reported based on a survey administered by a private student loan company which offers loans to coding bootcamp enrollees, but I’m sure it’s all on the up-and-up. Online Education and the Once and Future “MOOC” Via the Coursera blog : “ Coursera now offers free trials for most Specializations.” And then more money pours into other technology companies that promise to fix “ news literacy.”