Pearson

Edtech unicorn Lead is set to acquire the K-12 India business of British educational services company Pearson, which has been divesting its K-12 businesses in other geographies as well. Lead’s cofounder and chief executive Sumeet Mehta said the all-cash deal will be funded through a fresh capital raise and internal accruals.Also in this letter:■ ETtech layoffs tracker: job cuts continue in 2023■ OpenAI in talks to raise at $29 billion valuation■ ETtech Deals DigestLead to acquire Pearson's India K-12 business Lead…

From a string of crypto catastrophes to Elon Musk’s acquisition of Twitter, the biggest rout in technology stocks and a funding winter, 2022 did not lack drama. Grab a cuppa and sit back as we revisit the best explainers that ETtech Unwrapped delivered weekly to your inbox in a truly bonkers year for tech.Is Meta losing its way?In late June, Meta reported its first-ever yearly drop in revenue, the latest sign of trouble at the social media behemoth that has tethered its future to the fate of the metaverse, the theoretical…

Markus Dohle has resigned as chief executive of Penguin Random House weeks after a federal judge blocked the world’s largest consumer-book publisher from acquiring rival Simon & Schuster.He is being succeeded by Nihar Malaviya, 48 years old, currently president and chief operating officer of Penguin Random House U.S., who will serve as interim CEO effective Jan. 1. “Following the antitrust decision in the U.S. against the merger of Penguin Random House and…

You’ve heard the phrase “wear your heart on your sleeve,” but what about wearing a parasitic slug on your chest everywhere you go, even on dates? In Bonding: A Love Story About People & Their Parasites, a new sci-fi love story from Vault, humans live in a world where they’ve been conquered by said slugs and now must keep them attached no matter what.  Written by Matthew Erman, the graphic novel is illustrated by Emily Pearson, colored by Kaylee Davis, and lettered by Justin Birch. Tim Daniel is on designs. The tale…

As much as the U.S. Attorney’s Office and author advocates are calling the arrest of alleged Z-Library heads a victory, there are several mirrors of former Z-Library content up and running.Image: AlexLMX (Shutterstock)The age of Z-Library is over, at least as we know it. Two people allegedly behind the online ebook repository are facing federal indictment, and as much as it might spell the end for one of the web’s longest-running ebook archives, it really doesn’t do much to cut down on either supply or demand for…

advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including the publishers of college textbooks. Pearson, which it would focus on digital textbook sales, wants a piece of the action. “In the analogue world, a Pearson textbook was resold up to seven times, and we would only participate in the…

Textbook publisher Pearson suggests blockchain tech could let it take a cut of secondary textbook sales, capturing a section of the book market that’s so far escaped it. As quoted by Bloomberg, Pearson CEO Andy Bird believes non-fungible tokens, or NFTs, could help publishers make money off textbook resales, although he stopped short of describing concrete plans. “In the analog world, a Pearson textbook was resold up to seven times, and we would only participate in the first sale,” said Bird after the company announced…

Textbook publisher Pearson plans to profit from secondhand sales by turning its titles into non-fungible tokens (NFTs), its chief executive has said.Educational books are often sold more than once, since students sell study resources they no longer require. Publishers have not previously been able to make any money from secondhand sales, but the rise of digital textbooks has created an opportunity for companies to benefit.NFTs confer ownership of a unique digital item by recording it on a decentralised digital register…

Bristolian singer-songwriter Katy J Pearson has a voice that grows on you. Initially a keening, nasal twang, over the course of her work the 26-year-old’s vocals have traversed everything from lilting Americana to tripping pop melodies to heartfelt, storytelling folk. It’s a voice that captivates.While Pearson’s 2020 debut, Return, was pigeonholed as country, owing to its soft register and double-denim aesthetic, this follow-up embraces a vibrant and unexpected set of new sounds. The opening title track lulls the listener…

Breadcrumb Trail Links Toronto & GTA Ontario Canada Author of the article: Reuters Allison Lampert and Kyaw Soe Oo Travellers crowd the security queue in the departures lounge at the start of the Victoria Day holiday long weekend at Toronto Pearson International Airport in Mississauga, Ont., Friday, May 20, 2022. Photo by Cole Burston /REUTERS Article content MONTREAL/TORONTO — As Canada’s busiest airport, in Toronto, grapples with unusually long lines, a global airline trade…