Archive for the ‘New Economy’ Category

Click2learn Announces Preliminary Second Quarter Results

BELLEVUE, Wash.–(BUSINESS WIRE)–July 18, 2002–Click2learn, Inc., (Nasdaq:CLKS) today announced its preliminary results for the second quarter of fiscal 2002, ended June 30. The company also announced it will transition out of its remaining custom development services business. Earlier this year the company sold the majority of its custom content development business, which created e-Learning content […]

SmartForce reports pre-tax loss USD38.9m

Revenues for the quarter increased to USD44.4m, compared to first quarter revenues of USD43.0m. Read The Full Article

DigitalThink Amends Shareholders’ Rights Plan

SAN FRANCISCO, July 18 /PRNewswire-FirstCall/ — DigitalThink, Inc. DTHK, the leader in custom e-learning for Fortune 1000 companies, today announced that its board of directors has amended its Shareholders’ Rights Plan, adopted September 15, 2000, to permit WaldenVC and other related parties, collectively DigitalThink’s largest shareholder, to purchase in the aggregate up to 20 percent […]

Run-of-the-mill degrees

A few months ago I received the following e-mail advertising university degrees for sale — no essays, no exams, no questions asked:Read The Full Article

A new white paper released by the Association of College & Research Libraries (ACRL)addresses recruitment issues

The paper was produced by the Ad Hoc Task Force on Recruitment and Retention Issues, formed last year. According to the executive summary, “Making a profession attractive requires a mix of interest in and attract attention to the career opportunities in librarianship. “competitive salaries, challenging jobs, a growing demand for professional expertise, respect for the […]

Stations pay fee for online music

Noncommercial stations — which include the majority of collegiate radio stations — will have to pay two-hundredths of a cent per listener per song for every song played online. Commercial stations will have to ante up seven-hundredths of a cent per song per listener.Read the Full Article

Course-Management Companies Are Still Seeking Elusive Profits

But the companies haven’t gotten there yet. Read the Full Article

Plato Learning Buys NetSchools for $25M

PLATO Learning, Inc. (Nasdaq: TUTR) announced recently it had signed a definitive agreement to acquire NetSchools Corporation, a provider of Internet-based e-learning software and services solutions for the K-12 market by offering a web-based curriculum and instructional management delivery platform that facilitates delivery of school curriculum aligned to local, state and national standards and facilitates […]

eCollege(SM) Announces Record Revenues of $5.6 Million

480 Percent Increase in Gross Margin Supports Scalable Business Model DENVER – May 8, 2002 – eCollege(SM) [Nasdaq: ECLG], the leading provider of technology and services for online higher education programs, today announced it achieved record revenues for the first quarter ending March 31, 2002. Revenue for the first quarter increased 33 percent to $5.6 […]

Major Study Finds IT Workforce Declines Five Percent in Past Year; Hiring Managers Indicate Return of Strong Demand for Workers

The size of the IT workforce dropped from 10.4 million to 9.9 million, with tech workers at IT companies substantially more likely to receive a pink slip than their counterparts working in non-IT companies. Read the Full Article