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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...
Report Finds Link Between Business AI Adoption and Revenue
ARTIFICIAL INTELLIGENCE, REAL DOLLARS: There may be a strong link between artificial intelligence adoption and revenue, according to Infosys. In a report published at the World Economic Forum in Davos, Switzerland, organizations that have already or plan to deploy AI say they expect to see a 39 percent average revenue increase by 2020...
Navigating B.S. Might Soon Be A College-Level Course
BULL S%#@ COURSES: There’s a lot of bologna flying around these days—from politicians spewing off fallacies to the companies and advertisers selling misinformation to us everyday. Two professors at the University of Washington—Carl T. Bergstrom (Department of Biology) and Jevin West (Information School), have had enough...
The Top 10 IT Issues Challenging Higher-Ed
IT ISSUES: “You name it, higher education offers it, and the IT organization supports it,” writes EDUCAUSE's VP for communities and research, Susan Grajek.But information technology isn't bulletproof, and glitches in a college or university’s system could put thousands of faculty and students at risk losing valuable research, tools and even personal information...
Macmillan Acquires Intellus Learning to Optimize How Colleges Use Digital Content
INTELLUS LEARNING, a platform that aims to help higher-ed institutions find, evaluate and align digital content with learning objectives, has been acquired by Macmillan Learning. Terms of the deal were not disclosed. Founded in 2011 (then known as Ace Learning), the Los Altos, Calif...