EdX

edX Named to Fast Company's 2024 List of "Most Innovative Companies" for AI Advancements in Education

Retrieved on: 
Tuesday, March 19, 2024

LANHAM, Md., March 19, 2024 /PRNewswire/ -- edX, the global online learning platform from 2U, Inc. (Nasdaq: TWOU), has once again been included on Fast Company's annual list of the World's Most Innovative Companies. This list recognizes companies that are transforming business, shaping society, and paving the way for the innovations of tomorrow. For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.

Key Points: 
  • For 2024, edX is featured in the education category for leveraging artificial intelligence (AI) to advance the reach and impact of high-quality online education.
  • As a part of 2U, edX connects more than 83 million people with access to high-quality online education.
  • edX's inclusion in this year's list is a result of 2U's innovations in AI that seek to enhance and improve learners' experiences.
  • "Through our AI advancements, we're not just shaping the future of learning, but empowering individuals worldwide to thrive in the age of AI."

Spark Networks Bolsters Leadership Team with Key Hires to Complete Business Transformation and Drive Category-Defining Innovation

Retrieved on: 
Tuesday, February 20, 2024

Spark Networks SE (“Spark” or the “Company"), a leading social dating platform for meaningful relationships, today announced Adam Medros as Chief Executive Officer (“CEO”), effective February 19, 2024.

Key Points: 
  • Spark Networks SE (“Spark” or the “Company"), a leading social dating platform for meaningful relationships, today announced Adam Medros as Chief Executive Officer (“CEO”), effective February 19, 2024.
  • “As Spark completes a successful restructuring and continues to progress in our business transformation, there is incredible potential before us and we are taking the opportunity to revitalize our leading portfolio of social dating apps,” said Medros.
  • “Having taken Spark through its financial restructuring, now is the time to bring on new leaders to shepherd the Company into the future.
  • “We are grateful for Colleen’s leadership during this critical point in Spark’s evolution and are excited to now support Adam and his team as they chart a sustainable path forward for Spark and its brands.”

2U Reports Results for Fourth Quarter and Full-Year 2023

Retrieved on: 
Monday, February 12, 2024

LANHAM, Md., Feb. 12, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter and full-year ended December 31, 2023.

Key Points: 
  • LANHAM, Md., Feb. 12, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), a leading online education platform company, today reported financial and operating results for the quarter and full-year ended December 31, 2023.
  • "I am proud to lead 2U through the next chapter of its journey," said Paul Lalljie, Chief Executive Officer of 2U.
  • Costs and expenses for the quarter totaled $278.2 million, a 21% increase from $230.6 million in the fourth quarter of 2022.
  • Fourth quarter costs and expenses included $62.8 million of non-cash impairment charges to goodwill for which the company did not have a corresponding expense in the fourth quarter of 2022.

Verizon’s commitment to the Las Vegas community goes far beyond supporting the Big Game

Retrieved on: 
Monday, February 5, 2024

From working with businesses small and large in Las Vegas, to working hand-in-hand with the public safety community, Verizon is committed to the success of the local economy.

Key Points: 
  • From working with businesses small and large in Las Vegas, to working hand-in-hand with the public safety community, Verizon is committed to the success of the local economy.
  • Verizon has reached over 1,500 small businesses across the Las Vegas area through the Small Business Digital Ready program – and over 250,000 small businesses across the nation.
  • Las Vegas residents and visitors can now use a full 160 MHz of spectrum, which allows Verizon to provide greater bandwidth and enable higher data speeds for its customers throughout Las Vegas.
  • “These upgrades will provide a reliable, high performing and secure experience for the Super Bowl, offering the best for Las Vegas residents and visitors for years to come.”
    Verizon is proud of its long-standing commitment to the Las Vegas community.

Online Education Market to Record Growth of USD 148.22 billion from 2022 to 2027, 2U Inc., and Alef Education Consultancy LLC to Emerge as Some of the Key Companies- Technavio

Retrieved on: 
Friday, February 2, 2024

The online education segment offers individualized learning through subscription-based courses, catering to STEM subjects like science, technology, engineering, and mathematics.

Key Points: 
  • The online education segment offers individualized learning through subscription-based courses, catering to STEM subjects like science, technology, engineering, and mathematics.
  • By geography, the global online education market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global online education market.
  • The digital English language learning market size is forecast to increase by USD 21.58 billion, at a CAGR of 17.87% between 2023 and 2028.

2U Partners with University of Surrey to Launch 15 Online Master's Degrees

Retrieved on: 
Thursday, February 1, 2024

GUILDFORD, England and LANHAM, Md., Feb. 1, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced a new partnership with the University of Surrey to launch and support the delivery of online master's degrees and online professional certificate programs. An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026. This will expand access to this highly ranked UK university for students worldwide.

Key Points: 
  • An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026.
  • Surrey's partnership with 2U will deliver Surrey Online Learning: an acceleration and transformation of the university's provision of online learning.
  • "We're partnering with 2U and their edX platform to accelerate Surrey Online Learning provision," said Professor Tim Dunne, Provost and Senior Vice-President at the University of Surrey.
  • "LearningMate is honored to partner with the University of Surrey on its transformative online learning initiative in collaboration with 2U.

2U Partners with University of Surrey to Launch 15 Online Master's Degrees

Retrieved on: 
Thursday, February 1, 2024

GUILDFORD, England and LANHAM, Md., Feb. 1, 2024 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced a new partnership with the University of Surrey to launch and support the delivery of online master's degrees and online professional certificate programs. An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026. This will expand access to this highly ranked UK university for students worldwide.

Key Points: 
  • An initial five online degree programs will welcome students in 2024, with a portfolio of at least 15 master's degrees and at least 15 professional certificate programs being delivered by 2026.
  • Surrey's partnership with 2U will deliver Surrey Online Learning: an acceleration and transformation of the university's provision of online learning.
  • "We're partnering with 2U and their edX platform to accelerate Surrey Online Learning provision," said Professor Tim Dunne, Provost and Senior Vice-President at the University of Surrey.
  • "LearningMate is honored to partner with the University of Surrey on its transformative online learning initiative in collaboration with 2U.

Karlo Young Appointed President to Lead Concentric Educational Solutions' Strategic Expansion

Retrieved on: 
Wednesday, January 31, 2024

BALTIMORE, Jan. 31, 2024 /PRNewswire/ -- Concentric Educational Solutions, the leading student support services provider partnering with school districts to tackle barriers to student success including chronic absenteeism, a sense of belonging, and unfinished learning, proudly announces the promotion of Karlo Young to the position of President. In this new role, Young will oversee the company's executive team, strategic expansion, and overall operations. Young will leverage his over 20 years of experience and long-held commitment to enabling greater access to education to drive growth and product development.

Key Points: 
  • In this new role, Young will oversee the company's executive team, strategic expansion, and overall operations.
  • "We are thrilled to announce Karlo Young as the new President of Concentric Educational Solutions," said Dr. David Heiber, CEO & Founder, Concentric Educational Solutions.
  • Young joined Concentric from 2U, the public company behind the global online platform edX, where he was Senior Vice President of Global Partnerships & Portfolio General Manager.
  • Outside of Concentric, Young is the President of the Board of Trustees for the Baltimore Educational Scholarship Trust (B.E.S.T.

Education Technology Market size in North America to grow by USD 42.98 billion from 2022 to 2027, The market is fragmented due to the presence of prominent companies like 2U Inc., Alphabet Inc. and ApplyBoard Inc., and many more - Technavio

Retrieved on: 
Friday, January 5, 2024

The education technology market in North America is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The education technology market in North America is fragmented owing to the presence of many global and regional companies.
  • A few prominent companies that offer education technology market in North America are Blackboard Inc., Chegg Inc., Coursera Inc., 2U Inc., Alphabet Inc., Instructure Holdings Inc., Microsoft Corp., Udacity Inc., ApplyBoard Inc., Think and Learn Pvt.
  • The report provides a full list of key companies, their strategies, and the latest developments.
  • Alphabet Inc. - The company offers educational technology such as Google Workspace and Google Classroom for online classes, managing assignments, and organizing daily tasks.

Leading Organizations Across Tech, Business, and Healthcare Partner with 2U to Expand Educational Access

Retrieved on: 
Monday, November 13, 2023

LANHAM, Md., Nov. 13, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, recently welcomed more than a dozen leading organizations as partners. These organizations join more than 250 university and corporate partners committed to expanding access to affordable, high-quality online education for millions of learners worldwide.

Key Points: 
  • LANHAM, Md., Nov. 13, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX , recently welcomed more than a dozen leading organizations as partners.
  • These organizations join more than 250 university and corporate partners committed to expanding access to affordable, high-quality online education for millions of learners worldwide.
  • These new partners, including global universities and industry leaders, will offer open courses on edX in some of today's most relevant topics including artificial intelligence, cybersecurity, healthcare, business, and sustainability.
  • 2U and its partners continue to invest in high-quality, cutting-edge content across the most in-demand fields.