Archive for the ‘New Economy’ Category

Workforce Committee Republicans Congratulate U.S. Workers on Best Productivity Rate in 19 Years

News from the Committee on Education and the Workforce John Boehner, Chairman WASHINGTON, D.C. — As the Labor Department today reported a robust worker productivity rate — 8.6 percent in the first quarter of this year — Workforce Committee Republicans praised our nation’s workers for being the driving force behind the current economic recovery.      […]

Is the IT Personnel Shortage Over?

The Federal Computer Weekly reports that “Applicants swarm IT job fair,” While the New York Times suggests “Construction Sites Seek Technologically Adept.” More than 17,000 Americans applied for information technology jobs with the federal government during the first nationwide ‘virtual’ IT job fair…

Challenges and Opportunities in Distance Education Evaluation

Hoi K. Suen and Jay Parkes Department of Educational and School Psychology The Pennsylvania State University The two disciplines of distance education and educational assessment have seen dramatic changes and growth recently.Although the two areas have been developing concurrently, they have been doing so rather independently. For example, technology has been and will continue to […]

WebCT Announces Record 2001 Financial Results

Lynnfield, MA, March 15, 2002 — WebCT, the world’s leading provider of integrated e-learning systems for higher education, has announced record financial results for the year ending December 31, 2001. The highlight for the privately held WebCT was a substantial increase in total revenue: 2001 total revenue increased 292 percent year-over-year. The Company also announced […]

Early Scores on SAT Test Posted Online for a Price

those who register online to take the test now face a new source of tension. Read the Full Article http://www.nytimes.com/2002/03/10/education/10EXAM.html

Computer Services Industry Is Booming

The new new thing, to borrow a phrase, is the old old thing: corporate computing. In industry jargon, the corporate market is known as “the enterprise,” and it is to the mother ship that the people and the money are returning. Read the Full Article http://www.nytimes.com/2002/03/04/technology/ebusiness/04NECO.html

In Another Big Bankruptcy, a Fiber Optic Venture Fails

Global Crossing Ltd. (news/quote), which spent five years and $15 billion to build a worldwide network of high-speed Internet and telephone lines, filed for bankruptcy protection yesterday, unable to find enough customers to make its network profitable. Read the story

SmartForce to buy Centra in $284 mln stock deal

SmartForce, a learning solutions product provider, said Wednesday it agreed to buy Centra Software Inc. in a stock deal valued at $284 million. Under the agreement, Centra shareholders will receive 0.425 SmartForce shares for each Centra share, valuing the deal at about $284 million based on Tuesday’s closing price of SmartForce American depositary shares. The […]

Element K Purchases vLab Technology – the Intellectual Property of Mentor Technologies

Innovative learning tools to help IT professionals apply knowledge to real situations

VCampus Completes $1.85 Million Private Placement

VCampus Corporation a leading provider of end-to-end, web-based e-Learning solutions, today announced that it has completed a $1.85 million private equity placement through the combination of preferred stock and convertible debt. The company also announced that it has signed contracts with nine new customers in Q-4 2001 and has taken cost-saving measures that have reduced […]