LinkedIn to acquire Lynda.com for $1.5 billion in notable effort to link education & global opportunity #learning #development

LyndaToday, LinkedIn Corp. announced it has agreed to buy Lynda.com, an online learning company based in Carpinteria, California, in a deal valued at $1.5 billion. The deal is expected to close second quarter this year, and LinkedIn will pay some 52 percent in cash and 48 percent stock for the company.

It’s an appropriate match; Lynda.com specializes in courses and video tutorials on technology and business skills. In a brief from MarketWatch, LinkedIn’s Chief Executive Jeff Weiner said the company’s extensive library of premium video content will help empower people to develop the skills they need to accelerate their careers. “When integrated with the hundreds of millions of members and millions of jobs on LinkedIn, Lynda.com can change the way in which people connect to opportunity.” Continue reading “LinkedIn to acquire Lynda.com for $1.5 billion in notable effort to link education & global opportunity #learning #development”

$1.55M MOOC Project to Expand Global Education #learning #development #MOOCs

Online EducationThe U.S. Agency for International Development (USAID) and CourseTalk.com, an online course review company, are launching a two-year, $1.55 million project to expand quality education and career training globally. The companies have committed cash resources of $1.05 million, plus an additional $500,000 of in-kind services and support.

The two-year initiative, Advancing MOOCs for Development, will be driven by research on online course enrollment in the Philippines, Colombia and South Africa. The Technology & Social Change Group, or TASCHA, at the University of Washington’s Information School will conduct the research with support from IREX, a nonprofit development organization.

“In many developing countries, traditional education systems are failing students,” said Rachel Blum, USAID’s senior advisor for youth workforce development in a release. “Economic constraints, political upheaval, war and natural disaster are all leading causes. But MOOCs have the potential to change this. By answering key questions — who takes MOOCs, why they take them and what inhibits those who don’t — this project will help us better understand MOOCs and their role in offering affordable, quality education to young people worldwide.” Continue reading “$1.55M MOOC Project to Expand Global Education #learning #development #MOOCs”

President Obama Wants to Make Community College Free #learning

Are you willing to work for your two-year degree? If you can maintain a 2.5 GPA and make steady progress toward completion of your program, President Barack Obama wants to help you get an education. He unveiled plans Thursday for America’s College Promise, a program that likely will be welcomed by college students who would … Continue reading President Obama Wants to Make Community College Free #learning