Wednesday July 4th 2012
Pearson launches £10m fund directed at affordable education for poor children
The fund will invest in private schools in Africa and Asia to provide affordable education for poor children. The first investment is a stake in Omega schools, a privately held chain of affordable, for-profit schools based in Ghana.
“Low-cost private education is an important, complementary element of education in developing countries and should be seen as an active partner, with governments looking to ensure all children have access to a high-quality education.” says Sir Michael Barber, Pearson’s chief education adviser and chairman of the new fund.
NGOs question the approach as school attendance has been driven by the abolition of fees.
TextMaster launches API for content creator platform
TextMaster, a content creator platform which helps to crowdsource copywriting, translation or proofreading launched and API. The startup wants to attract developers that create integration with blogging platforms, email clients etc. TextMaster is also going to release an iPhone ‘dictaphone’ app that will offer transcription of audio files “within minutes”.
New features on YouTube
In its ongoing quest of making the content on the video platform more professional YouTube launched some interesting new features for video creators.
- a new version of the YouTube Android app
- bulk annotations
- new features in the video editor
- a new dashboard
- customizable thumbnails for all partners in good standing
- fixed scheduled publishing
- TrueView – a new family of video ads
- a “play button” award
- sound stages and studios in Los Angeles, London and Tokyo