Edtech Business

5 Risks Posed by the Increasing Misuse of Technology in Schools

At any given moment in the day, I am attached to my cellphone, my iPad or my computer. As a writer, I was an early convert to the computer. I began writing on a TRS-80 from Radio Shack in 1983 on wonderful writing software called WordPerfect, which has mysteriously disappeared. I had two TRS-80s, because one of them was always in repair. I love the computer for many reasons. I no longer had to white out my errors; I no longer had to retype an entire article because of errors. My handwriting is almost completely illegible. The computer is a godsend for a writer and editor.

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EdSurge’s 2017 Year in Review: The Top 10 K-12 Stories, as Chosen by You

As we wind down another year of chronicling education technology, we wondered: Which stories made the biggest impact? One way to answer that question is to track what readers read, shared and “Liked” most.This year, you looked to trendsetting districts, thought leaders, tech giants and one very sage high school student to help make sense of rapid changes in education technology. Here are EdSurge’s top stories of 2017 in chronological order—a healthy dose of optimism and skepticism, words of encouragement and caution for the year ahead.

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?Blockchain, Bitcoin and the Tokenization of Learning

In 2014, Kings College in New York became the first university in the U.S. to accept Bitcoin for tuition payments, a move that seemed more of a PR stunt than the start of some new movement. Much has changed since then, including the value of Bitcoin itself, which skyrocketed to more than $19,000 earlier this month, catapulting cryptocurrencies into the mainstream.

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Fewer Deals, More Money: U.S. Edtech Funding Rebounds With $1.2 Billion in 2017

Is education technology investing back on track? Are investors still eager to put their money in education startups? The answers depend on who you ask.
After a lull in 2016, venture activity for U.S.-based edtech startups in 2017 saw a resurgence of investment capital. So far this year, these companies raised over $1.2 billion across 126 deals. By contrast, in 2016, investors put $1 billion into 138 deals.

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New Media Consortium Unexpectedly Shuts Down, Citing ‘Errors and Omissions’ by CFO

A nonprofit known for its annual “Horizon Reports” on the future of technology at K-12 schools, universities, and museums abruptly shut down this month after officials discovered the organization was out of money.“The New Media Consortium (NMC) regrets to announce that because of apparent errors and omissions by its former Controller and Chief Financial Officer, the organization finds itself insolvent,” the group said in an email message sent to its members on Monday afternoon. “Consequently, NMC must cease operations immediately.”

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Illuminate Education Acquires Homegrown Data Visualization Tool, eduCLIMBER

What began as a husband-and-wife skunkworks project in rural Wisconsin four years ago has now become absorbed into an education data company that boasts millions of users across 44 states.In 2013, systems engineer Matt Harris wrote a program to help his wife, a school psychologist, collect and analyze data to help her students. From there the tool spread via word of mouth, and within six months the pet project became a company, eduCLIMBER, where Matt was CEO.

Can Entrepreneurs Balance Educational and Financial Returns?

At the University of Pennsylvania, the Graduate School of Education is located directly beside the Wharton School, the campus’ business school. As a master’s student at Penn GSE during the past year, I often considered popping in next door, attending events at Wharton or even taking electives there to explore my interest in the cross-section of education and business.What I soon discovered, however, was that the close proximity of the two schools belies a relationship between two disciplines that is often contentious.

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New Company Says by Using Its Service, Students Can Test Classroom Tech Before Arriving on Campus

Wayland Baptist University professor Don Ashley received a call this week from a student saying she couldn't log in to her learning management system (LMS), preventing her from attending a live online lesson.

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Modeled on Zillow, Edmit Wants to Help Families Make Financially Savvier College Decisions

Edmit wants to do for college-shopping what Zillow is for homes and what Truecar is for automobiles.Startups can be smitten with analogies, so this is what Nick Ducoff, the Boston-based startup’s cofounder, aims to do: help students make financially savvier decisions about where to go to college. The tool lets users compare how much their peers are paying at different institutions.

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Spotting the 2017 Trends That Fuel Edtech Innovation and Investments

We’re pleased to share this year’s Edtech Outlook, a data-rich dive into the state of education technology with case studies into emerging-frontier innovations.

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