Media Outlet:
The Wall Street Journal Publication Date:
Description:
Wall Street Journal reporter Melissa Korn writes that 2U, an education technology company, will acquire edX for $800 million. The proceeds flow to a new nonprofit, led by MIT and Harvard, which will “focus on reducing inequalities in access to education. It will maintain the open-access course platform built by edX, research online and hybrid-learning models, and work to minimize the digital divide that still serves as a barrier for many younger students and adults,” writes Korn.