http://www.thewrap.com/media/column-post/freshman-education-industry-murdoch-earns-pluses-and-minuses-28449Just seven months after his surprising expansion into reading, writing and arithmetic with the $360-million acquisition of
Wireless Generation, News Corp.'s chairman and CEO seems intent on making the grade in what could be the future of education -- economized, customized, data-driven digitized instruction.
Potentially at stake: hundreds of billions of dollars. Kindergarten-through-12th grade “is waiting desperately to be transformed by big breakthroughs that extend the reach of great teaching,” Murdoch said at the time.
Investors’ growing interest in education is another indication of the dawning era. Vander Ark, who was the Bill & Melinda Gates Foundation’s first executive director for education, launched the first fund dedicated to education three years ago. Now, he told TheWrap, private equity dealmakers and venture capitalists are pouring into the field.
This week, for example, the first ever
Goldman Sachs-Stanford University Global Education Conference is convening worldwide education leaders. The purpose, says the invitation: “to discuss how innovation, globalization, regulation and technology are impacting education,
and how the public and private sectors can work together … Education appears to be at a fundamental inflection point.”
and here is the New York School District NO BID contract story with Murdoch:http://thinkprogress.org/politics/2011/07/14/268598/news-corp-911-contract/