News Corp completed the sale of data analytics and assessment platform Amplify and its assets. The company was acquired by parts of the management team and a group of private investors for an undisclosed amount.
Founded in 2011, Amplify provides a digital curriculum for K-12. The company discontinued the production and marketing of a dedicated tablet device in August.
News Corp wrote down the value of Amplify after another disappointing sales season leading to an operating loss of $24 million, leading to a $371 write-off.
In this week’s Sunday Review we learn that experience without humility is not very helpful (when it comes to leading Coursera), that you can earn a MBA without spending a single dollar for tuition, that the SAT is useless, that school children in Ireland code 3D worlds and use the Oculus Rift, that you should not listen to music when you learn and much more.
And Happy Easter from the EDUKWEST team!
In this week’s Sunday Review you will find stories about China’s rapidly changing education system, fundings, mergers & acquisitions we haven’t covered in detail, opinion pieces about elite universities and low-income students and how much a BA will costs students offline compared to online.