Archive for the ‘New Economy’ Category

SkillSoft Learns the Hard Way

A clear sign: In yesterday’s third-quarter earnings announcement, SkillSoft said it is restructuring its content development organization, which is based in Dublin, Ireland, and Nashua, N.H. The goal is cost reduction.Read the Full Story

McGraw-Hill Education President Says Content/Technology Pairing Holds Great Promise for Education Worldwide

“Those of us in the field of educational publishing aren’t waiting for the next technology wave. We are bringing digital solutions to classrooms and professionals worldwide now,” Mr. Hirschberg said. Read the Full Story

World IT Spending Rebounds Thanks Largely to Developing World

According to WITSA’s biennial study, Digital Planet: The Global Information Economy, ICT spending is expected to grow faster than the global economy at approximately 8 percent a year from 2003 through 2007.Read the Full Story

PeopleSoft Rejects Latest Oracle Bid as Inadequate

“The board concluded that PeopleSoft is worth substantially more than Oracle’s latest offer,” said David A. Duffield, the retired founder of PeopleSoft who was reinstated as chief executive last month. The Oracle offer, which it made 10 days ago, values PeopleSoft at $9.2 billion. PeopleSoft’s board urged shareholders not to respond to the offer. Read […]

One Internet, Many Copyright Laws

Earlier this year, the Australian affiliate of Project Gutenberg posted the 1936 novel “Gone With the Wind” on its Web site for downloading at no charge. Last week, after an e-mail message was sent to the site by the law firm representing the estate of the book’s author, Margaret Mitchell, the hyperlink to the text […]

eCollege® Announces Record Quarterly Revenue of $24.3 Million

eCollege’s third quarter results include revenue of $8.8 million from the Company’s eLearning Division, and $15.5 million from the Company’s Enrollment Division, Datamark, Inc., which was acquired on October 31, 2003.Read the Full Story

GeoLearning Announces 130% Revenue Growth for Q3 2004

GeoLearning, Inc., the leading provider of ASP-hosted human capital management and development (HCMD) solutions, announced today that third-quarter revenues for the three months ending September 30, 2004 have increased 130.15% over the same period ended September 30, 2003. The company has also achieved a net profit margin exceeding 13% on revenues during the first nine […]

GeoLearning Named on Inc. 500 List of Fastest-Growing Private Companies

GeoLearning, Inc., the leading provider of ASP-hosted human capital management and development (HCMD) solutions, announced today that it is ranked #367 on the 2004 Inc. 500 list of “America’s fastest-growing private companies.” GeoLearning was credited with 4-year total growth of 402% between 2000 and 2003 for an average annual growth rate of 100.4%.“It is an […]

College Group Sets Course for Growth

The group’s turnover at present is R260m. Louw said the company planned to lift its turnover through a threepronged strategy. Read the Full Story

eCollege One of Colorado’s Fastest Growing Tech Companies on Deloitte’s Fast 50

DENVER – October 4, 2004 – eCollege(SM) [Nasdaq: ECLG], a leading provider of value-added information services to the post-secondary education market, today announced it has been named to Deloitte’s prestigious Colorado Technology Fast 50 Program. This is the fourth straight year eCollege has been among the fastest growing technology companies in Colorado based on five […]