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Archivo del Autor: Belen De Leon

Older, dirtier cars hit with big extra charge to enter central London – Roadshow

This is on top of the usual congestion charge that drivers must already pay.
Source: CNET

Pinterest sets IPO price range of $15 to $17 per share – CNET

The company could raise over a billion dollars.
Source: CNET

Netflix axes Apple AirPlay support – CNET

The video streaming service cited “technical limitations.”
Source: CNET

Online university degree provider 2U acquires Trilogy for $750M to expand into tech bootcamps and training

As more universities turn to offering online degrees to expand their student bodies by way of cyberspace, one of the pioneers in enabling that trend has made an acquisition to expand into new territory around skills training and continuing education. 2U, which helps build online degree programs for a number of top universities, is paying $750 million to acquire Trilogy Education, which creates online and in-person “boot camps” — continuing education programs — in collaboration with universities to train those already in the workforce with tech skills in areas like coding, data analytics, UX/UI, and cybersecurity.

The deal, which is expected to close in the next 60 days, is coming in a combination of cash and shares — $400 million in cash and $350 million in newly issued shares of 2U common stock — the company said. It’s a decent exit for Trilogy, which was valued at $545 million (according to Pitchbook) when it raised $50 million in June 2018. Its investors include Highland Capital, Macquarie and Exceed, among others.

2U, meanwhile, has a market cap of $3.85 billion an is publicly traded on Nasdaq.

The acquisition helps 2U consolidate its university footprint, which will get bumped up to 68 from its previous 36. And it presents an obvious opportunity to up-sell and cross-sell: those who are already jumping into building degree programs can diversify into more skills training, while those who have yet to build full degree services but have created skills training programs now might consider how to parlay that experience into degrees — all from one provider, 2U. This also opens more generally a bigger window for 2U to expand into the continuing education market, which it estimates is worth some $366 billion.

It also helps it better compete with other companies that have already built a dual-track approach to online education, building degrees as well as short courses, like Coursera (Udacity and Udemy are among those that have focused on further education).

“[Trilogy Education] is a natural strategic fit and growth driver for 2U that will extend our reach across the career curriculum continuum, deepen our relationships with new and existing partners, drive marketing efficiencies, and open a more direct corporate training and enterprise sales channel for the company. We expect the addition of Trilogy to accelerate our path to $1 billion in revenue by one year from 2022 to 2021,” 2U Co-Founder and CEO Christopher “Chip” Paucek said in a statement. ​“Increasingly, universities are attempting to add practical, technical skills to their degrees. We simply future-proof the degree by adding this type of technical competency.”

The presence of commercial companies building educational courses for non-profit universities, and taking a cut in the process, has seen more than a little controversy. The business spin that is put on education through these programs not only calls into question how and what schools (and their partners) prioritise in the curriculum, but they raise issues around how higher education is priced, and who profits from these degrees — which sometimes can still cost over $60,000, despite no physical time in classrooms. (There is an excellent dive into the issue here in the Huffington Post, featuring an interview with the co-founder of 2U, John Katzman, who also founded the Princeton Review.)

To be fair, some of the issues around higher education — such as the exorbitantly high cost in some countries, and the fact that it still feels like a largely elitist endeavor with the odds of students gaining acceptance and achieving in top universities still in favor of too-small a privileged subset of families — cannot be completely tied to the development of online learning courses powered by for-profit companies.

And you could also argue that this was bound to be the next step, given how technology has evolved across all of education, and the fact that ed tech is not a core competency for many institutions.

One of the potential positives that comes out of online degree programs is that it gives opportunities to a much wider group of would-be students, and mass market is something that Trilogy knows: it has to date already provided courses for 20,000 people and 1,200 instructors across 120 programs, it says, with an emphasis on practical skills to bring up local workforces, and working with universities to build these courses and connecting with big companies — customers include Google, Microsoft, and Bank of America — to deliver them.

“By joining forces with 2U, Trilogy Education can empower universities to reach more students, in more places, throughout more of their lives, while driving positive economic ​impact in their local regions,” Trilogy Education CEO and Founder Dan Sommer said in a statement. “Trilogy and 2U share a belief that universities are critical to lifelong learning and to meeting the workforce development needs of local economies both domestically and internationally, and we’re proud to further our mission and continue this important work as part of the 2U family.


Source: TechCrunch

Phone shipments expected to rebound in 2020

After a couple of few rocky years, 2020 will mark a rebound for phone shipments, according to new projections from Gartner. But device makers aren’t out of the woods just yet. 2021’s numbers find things dipping yet again.

The analyst firm sees the category experiencing a 0.5 percent decline for 2019. That comports with recent numbers, which have the space experiencing negative growth over the past couple of years for the first time since firms started keeping tracking of these things.

Next year’s expected growth marks a potential bright spot, owing to upgrade cycles, but device makers should be bracing for slowed growth overall for the next couple of years. In 2021, things are said to drop even further.

Premium costs, slowed economic growth in places like China and less incentive to upgrade are driving the stagnation here. Gartner believes the average lifetime of a premium handset will increase from 2.6 to 2.8 years by 2023. It seems like a rounding error, but it’s enough to make an impact.

I’d anticipate that the coming push to 5G will help drive some growth along the way. Gartner, on the other hand, seems understandably more cautious about foldables, despite the form factor being all the rage at MWC last month.

“We expect that users will use a foldable phone as they do their regular smartphone, picking it up hundreds of times a day, unfolding it sporadically and typing on its plastic screen, which may scratch quickly depending on the way it folds,” Gartner research director Roberta Cozza says in a release tied to the study. “Through the next five years, we expect foldable phones to remain a niche product due to several manufacturing challenges. In addition to the surface of the screen, the price is a barrier despite we expect to decline with time. Currently priced at $2,000, foldable phones present too many trade-offs, even for many early technology adopters.”

Fair enough. Things do look better for the category long term, with foldable numbers up to 30 million units (around five percent of the market) by 2023.


Source: TechCrunch

Ikea and Sonos Symfonisk Range Includes a Speaker That’s a Lamp

This release marks the first set of products in a collaboration where scale meets sound.
Source: Wired

Gizmodo Media Group acquired by private equity firm Great Hill Partners

Gizmodo Media Group and The Onion have a new owner — private equity firm Great Hill Partners.

As part of the deal, digital media executive Jim Spanfeller is becoming CEO of (and an investor in) the renamed G/O Media. Spanfeller previously led Forbes.com as CEO and also founded Spanfeller Media Group, the company behind the Daily Meal.

“This opportunity comes at a time when the entire digital media category is beginning to be recognized again for its unique ability to meet the diverse content and delivery needs of consumers and advertisers,” Spanfeller said in a statement. “As the largest player in our space, G/O Media is in an ideal position to capitalize on this dynamic, and I am excited to collaborate with a great team that boasts an incredible track record to further expand our reach, add value to our advertisers and enrich our visitors’ lives.”

According to the announcement, G/O Media Group sites reach around 100 million unique visitors each month. The Gizmodo Media Group includes Deadspin, Jezebel, Kotaku, Lifehacker and others, as well as Gizmodo itself. They started as part of Gawker Media, and were acquired by Univision following Gawker’s legal defeat in a lawsuit by Terry Bollea (aka Hulk Hogan), and its subsequent bankruptcy.

The acquisition was part of a larger effort by Univision to a reach an English-language audience — it also acquired its initial stake in The Onion at around the same time. Since then, however, Univision took a write-down on its English-language assets and was reportedly looking to sell them.

The Wall Street Journal, which first reported that Great Hill was in talks to acquire the Gizmodo portfolio, now says the firm is expected to pay “much less” than the $135 million that Univision paid in 2016. Great Hill previously worked with Vivek Shah to acquire publisher Ziff Davis, which was then sold to j2 Global.

Meanwhile, the Gawker website was acquired separately by Bustle owner Bryan Goldberg. It has struggled to get off the ground, however, with its writing staff resigning earlier this year.


Source: TechCrunch

Coding Is for Everyone—as Long as You Speak English

Code depends on English—for reasons that are entirely unnecessary at a technical level.
Source: Wired

The best solid state drives for 2019

Solid state drives provide superior speed and more affordable than ever. Interested in buying one? We’ve found the top drives that range from $100 to $1,000 in price, so you can get the most bang for your buck.

The post The best solid state drives for 2019 appeared first on Digital Trends.


Source: Digital trends

Microsoft finally accepts that nobody safely removes USB devices

Windows 10 is changing its relationship with USB devices for good. No longer will you need to manually trigger the safe removal of a USB drive, although write speeds may suffer because of it.

The post Microsoft finally accepts that nobody safely removes USB devices appeared first on Digital Trends.


Source: Digital trends

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