Archive for the ‘New Economy’ Category

eCollege Announces Job Cuts

DENVER (AP) – Online learning company eCollege warned of a wider than expected loss and announced it will lay off 35 of its 330 workers amid lower than expected sales.

Learning Tree Reports Softening Revenue Growth

LOS ANGELES — March 20, 2001–Learning Tree International, Inc (NASDAQ: LTRE – news) announced today that during the 5-week period from February 2 through March 9, 2001, net enrollments for future courses at its education centers averaged 11% more than enrollments during the comparable 5-week period last year. During the same period, orders for its […]

Who needs the new economy?

Bush’s bias toward industrial dinosaurs is strangling America’s high-tech-driven growth.

Drumbeat of layoffs sounds louder in valley

On a Sunnyvale street of sparkling new homes, families are talking Plan B.

Collegeboard.Com Acquires Sequitur Corporation, A Long-Time Collegeboard Partner

New York, NY – collegeboard.com announced today that it has acquired Sequitur Corporation, an Atlanta-based provider of communication and information management solutions for college admissions and recruitment offices. The acquisition of Sequitur Corporation by collegeboard.com is a natural extension of the 16-year relationship between Sequitur and The College Board. Since 1984, Sequitur has participated in […]

Compass Knowledge Announces Year-End 2000 Financial Results

OCOEE, Fla. — Compass Knowledge Holdings, Inc. (OTC Bulletin Board: CKNO), a leading provider of e-learning and distance education for working professionals, announced today that revenue for 2000 increased 27% to $3,381,359 compared with revenue of $2,659,306 for 1999. Gross profit rose 18% from $2,418,381 for 2000 as compared to $2,043,205 for the prior year. […]

Student-led company is online and on paper

Hire My Brain LLC has officially begun distributing its advertising paper at the state University at Albany and Union College, and will hit Rensselaer Polytechnic Institute next week.

E-Learning Solutions Provider HighTechCampus Gets $4 Million In Second Round Funding From Texas-Based Tobat Capital

DALLAS — HighTechCampus, a premier e-learning solutions provider, today announced it has secured a second round of funding with a $4 million infusion from Tobat Capital. “This second round of funding — at a time when venture capitalists are requiring a proven path to profitability before investing — is an extreme vote of confidence for […]

Knowledge Key To Sustaining Growth In Korea

WASHINGTON, DC — Pressured by a competitive global environment where it is being squeezed between the OECD countries and the developing countries of East Asia, Korea must ratchet up its pursuit of the knowledge economy, says a new joint World Bank- Organization for Economic Co-Operation and Development (OECD) study. Korea is a country with limited […]

Cisco will cut 16% of staff

Job cuts prompted by sudden and sharp downturn in equipment sales