Welcome back to our Weekly Round-up of Edtech news across the industry!
Guest: Natalia Kucirkova of Wikit, AS
Our top stories this week:
1) Companies Becoming Platforms through Consolidation
- HMH acquires school testing non-profit NWEA
- Instructure (maker of the Canvas LMS) acquires evidence platform Learnplatform
- Zoom launches 'Essential Apps' including Kahoot! and Prezi
- Jack McDermott of Chegg on consolidation in Edtech
2) Edtech Winter creating CEO turnover
- Upgrad CEO Arjun Mohan resigns
- Newsela CEO Matthew Gross leaves, Pep Carrera from Nearpod takes helm
- Udemy CEO and Board Chair retires, is replaced by Head of Udemy Business
- Inspera changes CEO
3) Seattle schools suing big tech
- Seattle schools are suing TikTok, Instagram, Facebook, Snapchat and YouTube for causing mental health crises
4) Student Financial Aid Startup Frank Being Sued by J.P. Morgan Chase
- JP Morgan's Jamie Dimon and co are now suing the company, alleging that Frank invented 4+ million fake users to close the sale.
- Ben: "the FTX of Edtech."
5) Edtech Conference Season is Underway
- GSV announces its "GSV 150" and the "Elite 200"
- SxSWEdu announces its launch contest participants
Funding Rounds