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After Vote Delay, Democrats Request A Second Hearing For Trump’s Ed Pick, Betsy DeVos
DEVOS VOTE DELAYED: Just hours after receiving the completed ethics review of Betsy DeVos, Donald Trump’s pick for Education Secretary, the Senate Committee on Health, Education, Labor and Pensions (HELP) agreed to postpone its vote on the Michigan philanthropist. The vote, which was originally scheduled for Tuesday, will now take place on Jan...
Austin Startup Raises $1.25 Million to Connect Students Around the World
PENPAL SCHOOLS, an Austin-based startup, has secured $1.25 million dollars in seed funding. The company connects classrooms around the world through online language exchanges, news discussions and issue-driven debates.
Shanghai Homework Helper App Raises $100 Million Series C
XUEBAJUN: Venture capital doesn’t come easy—unless perhaps your company is Xuebajun. The Shanghai-based developer of a mobile homework help app has raised $100 million in a Series C round led by China Merchants Capital and EasyCapital, according to China Money Network. The company allows students to upload pictures of homework questions and receive answers within three minutes from robot and online tutors...
Trump's Inaugural Speech Reading Level Was ‘Extremely Low’
PRESIDENTIAL READING LEVELS: President Trump may have built his campaign off punchy statements and controversial 140-character bits, but reading level? That’s a new one the folks at LitCharts are calling out. According to a statistical analysis by the company, Trump’s speech at the 58th presidential inaugural address on Friday was at an 8th-grade reading level, which is “extremely low” compared to past inaugural addresses...
Pearson Revenues, Stock Tumble—Yet Remains Committed to Digital Transition
FALLON FALLING: Once-mighty publisher Pearson has been struggling financially, and the latest gloomy forecast could cost CEO John Fallon his job. The company issued a profit warning on Jan. 18, saying it “no longer expect[s] to reach our prior operating profit goal for 2018.” Fallon had set a profit target of £800 million for that year...