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Why Piper Sandler Downgrades 2U: Elevated Downside Risk Among Other Factors
Wednesday, May 25, 2022 - 12:00pm | 200Read More...There is downside risk to 2U Inc’s (NASDAQ: TWOU) stock from the regulatory overhang and various headwinds facing the industry, according to Piper Sandler. The 2U Analyst: Arvind Ramnan downgraded the rating for 2U from Neutral to Underweight, while reducing the price target from $10 to $9....
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EXCLUSIVE: How Chegg Is Capitalizing On The Accelerating Trend Toward Online Education
Friday, August 27, 2021 - 4:58pm | 434Read More...As kids begin heading back to school, Chegg Inc (NYSE: CHGG) is looking to build on another strong quarter. The company announced better-than-expected second-quarter financial results on Aug. 9, reporting a top and bottom-line beat. Andrew Brown, CFO of Chegg, appeared on Benzinga's YouTube...
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IPO Preview: Marqeta, TaskUs, Monday.com Lead Busy Week With 8 Planned Public Listings
Monday, June 7, 2021 - 12:17pm | 1570Read More...After a shortened holiday week that saw only one large public listing, the week of June 7 heats up with numerous listings across several different sectors. These include several companies that work with some of the leading technology companies and a couple of Chinese companies going public in...
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Elon Musk Donates $5M To Online Education Platform Khan Academy
Sunday, January 17, 2021 - 2:40pm | 221Read More...Elon Musk has donated $5 million to educational platform Khan Academy. What Happened: Sal Khan, founder of Khan Academy, thanked Tesla Inc (NASDAQ: TSLA) founder Elon Musk for his donation, CNN has reported today. In a YouTube video, Sal Khan expressed his gratitude to Musk, who...
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Vista Equity Partners Snaps Cloud Platform Pluralsight In $3.5B All-Cash Deal
Monday, December 14, 2020 - 2:17am | 390Read More...Private-equity firm Vista Equity Partners has acquired online education-software platform Pluralsight Inc (NASDAQ: PS) in an all-cash transaction for $20.26 per share, the companies announced on Sunday. What Happened: Vista has agreed to pay $3.5 billion to acquire all...
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Coursera Considers Going Public In 2021: Report
Sunday, December 6, 2020 - 12:11pm | 187Read More...Online education platform Coursera is considering going public next year, Bloomberg has reported. What Happened: Coursera, which offers courses from the world’s top universities, is talking to underwriters about an IPO at a potential $5 billion evaluation, sources close to...
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Apple Abandons iTunes U In Favor Of More Modern Apps
Thursday, June 11, 2020 - 7:08am | 254Read More...Apple Inc. (NASDAQ: AAPL) on Wednesday announced it will discontinue "iTunes U" at the end of next year, as first reported by MacRumors. What Happened The consumer electronics giant said it is abandoning the learning platform as it has been "hard at work building the next generation...
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Online Education Platform Yuanfudao Raises $1B
Wednesday, April 1, 2020 - 8:32am | 176Read More...Led by Tencent Holdings and private equity firm Hillhouse Capital Group, Yuanfudao raised $1 billion in a new financing round. What Happened Yuanfudao, Chinese online education platform, said that with the new $1 billion financing round, the company's valuation would be raised to $7.8 billion...
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Apollo Education Receives Revised Buyout Offer, Notes 'An Excellent Outcome For Shareholders'
Monday, May 2, 2016 - 8:19am | 323Read More...Shares of Apollo Education Group Inc (NASDAQ: APOL) were trading higher by more than 14 percent early Monday morning at $8.90 after the company confirmed it has received a revised buyout offer. Apollo Education said a consortium of investors led by the Vistria Group and Apollo Global Management...
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Apollo Education Group And Genesis HealthCare To Join Forces, Develop Training Programs In China
Tuesday, January 12, 2016 - 11:15am | 296Read More...Apollo Education Group Inc (NASDAQ: APOL) announced on Monday it has entered into a new agreement with Genesis Rehab Services (GRS), a division of Genesis Healthcare Inc (NYSE: GEN), to develop scalable rehabilitation therapy training programs in China. Apollo Education Group noted that the...
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Pacific Crest Asks If Valuation Is A Worry At LinkedIn-Lynda Acquisition
Friday, April 10, 2015 - 11:39am | 191Read More...In a report published Thursday, Pacific Crest analyst Evan Wilson stated that LinkedIn Corp (NYSE: LNKD)'s acquisition of Lynda.com "makes lots of sense" but the valuation LinkedIn paid is being called in to question. LinkedIn acquired Lynda for $1.5 billion, or 10.7x 2014 revenue. Wilson noted...
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Careers, Unemployment,and Online Education - Retooling for the Future
Monday, February 13, 2012 - 5:59pm | 947Read More...As a professional who has been involved in e-learning for over a decade, I can only say that a college degree is available to all who are on the internet.There are excellent accredited programs throughout the US and even internationally. Regional and national accreditation bodies recognize many...
