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While Chegg beat analyst expectations for the first quarter of the year, it also raised a warning that didn’t fall on deaf ears.

AI might be the least of edtech’s worries

Pearson, a London-based publishing and education giant that provides software to schools and universities has agreed to pay $1 million to settle charges that it misled investors about a 2018…

Pearson to pay $1M fine for misleading investors about 2018 data breach

With the pandemic wreaking havoc amongst early years education amid school lockdowns, it’s no wonder edtech startups have piled into the space. But it has also served to highlight the…

Edtech startup bina raises $1.4M to teach 4- to 12-year-olds, launch School-as-a-Service

Perlego, the textbook subscription service, has raised $9 million in Series A funding. Backing the round is Charlie Songhurst, Dedicated VC, and Thomas Leysen (Chairman of Mediahuis and Umicore). Perlego’s…

Perlego raises $9M Series A for its textbook subscription service

Pearson, the London-based educational software maker, said today that thousands of school and university accounts, mostly in the United States, were affected by a data breach. The company added that…

Education software maker Pearson says data breach affected thousands of accounts in the US

Pearson Ventures will invest $50 million over the next three years.

Pearson is committing $50M to fund next-gen edtech startups

Who saw the recent sale of the Financial Times (FT) from Pearson to Nikkei for $1.3 billion coming? The sale of The Economist, also owned by Pearson, three weeks later,…

New Financial Times And Economist Owners Ponder The Future Of Digital Media

Some more M&A afoot in the media industry. Pearson has sold the Financial Times Group to Japan’s Nikkei Inc for £844 million ($1.3 billion) in cash. The news comes after a…

Japan’s Nikkei Buys The Financial Times Group From Pearson For $1.3B

Nook Media, the Barnes & Noble subsidiary that handles Nook e-readers and digital content, announced today that education publisher Pearson has invested $89.5 million, giving it a 5 percent stake…

Nook Media Takes $89.5M From Pearson, Says Holiday Sales Fell Below Expectations

Pearson, the educational publisher, today made a move to beef up its international professional IT testing business: it announced that it is buying Certiport, a developer, marketer and distributor of certification…

Pearson Buys Certiport For $140M To Beef Up Its IT Testing Business Globally

Pearson, the owners of Penguin, the Financial Times Group and a number of education imprints, has made some significant strides into digital with e-books and apps, but it is always…

Old Publishers Dive Into The New: Pearson Inks API Billing Deal With Zuora; Adds Food To The Mix

According to the National Center on Education and the Economy, only 1 in 6 high school freshmen will go on to graduate from college on time, and about 25 percent…

Pearson-Incubated Startup Alleyoop Launches To Gamify Adaptive Learning

Genevieve Shore, Pearson’s director of digital strategy, gave a briefing to the media this morning in London and the news is looking good for startups potentially looking for an exit…

Nokia and education company Pearson have formed a joint venture in China dubbed Beijing Mobiledu Technologies to grow MobilEdu, the wireless education service that the Finnish mobile giant launched in…

Nokia and education company Pearson have formed a joint venture in China dubbed Beijing Mobiledu Technologies to grow MobilEdu, the wireless education service that the Finnish mobile giant launched in…