Coursera, Udemy ink .5bn merger deal

Coursera, Udemy ink $2.5bn merger deal

Edtech giants Coursera and Udemy will merge in a major deal. Edtech firms, Coursera and Udemy have entered into a definitive merger agreement under which Coursera will combine with Udemy in an all-stock transaction. According to a statement, based on the closing prices of Coursera and Udemy common stock on December 16, the implied equity…

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Disney seals landmark AI licensing deal with OpenAI

Disney seals landmark AI licensing deal with OpenAI

Disney has acted swiftly on CEO Bob Iger’s commitment to generative AI, announcing a groundbreaking three-year licensing agreement with OpenAI. The multi-faceted pact, valued at $82.7 billion, will integrate Disney’s iconic intellectual property (IP) into the Sora video creation app and ChatGPT’s image generation platform. Read: Epson CO-W01 Projector Review: Project Success The deal allows…

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South Africa may not make the cut in new Agoa deal

South Africa may not make the cut in new Agoa deal

US trade representative Jamieson Greer on Tuesday said he is open to treating South Africa differently than other African countries if Washington extends a trade initiative with sub-Saharan Africa that expired in September. Greer told a US senate appropriations subcommittee hearing that the Donald Trump administration was open to a one-year extension of the African…

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