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2U Says That It Has $140 Million In Cash and It Won’t Cease Operations
IBL News | New York
2U said in a blog post last Friday that it had $140 million in cash to support its operations and...
2U Warns of “Substantial Doubt of Ability to Continue as a Going Concern”
IBL News | New York
Online learning platform company 2U / edX warned yesterday of substantial doubt about its ability to continue as a going...
2U / edX Deals with Financial Distress, Although It Might Avoid Bankruptcy
IBL News | New York
2U, owner of edX.org, is running out of cash and is facing an existential change in 2024, wrote educational analyst...
2U and USC Terminated Its Partnership for Developing Online Degree Programs
IBL News | New York
Online program management (OPM) company 2U won't provide services for the University of Southern California's (USC) online degree programs from...
The edX Platform Announces An AI Summarization Tool. More Layoffs at 2U
IBL News | New York
The edX platform — owned by 2U Inc. — announced last month Xpert Unit Summaries, an AI feature powered by...
Open edX & Learning Platforms Newsletter | January – April 2023: Axim Collaborative, 2U...
JANUARY - APRIL 2023 – NEWSLETTER #48 | Breaking news at IBL News | Noticias en Español
Open edX
• The Open edX Platform Reaches 4,5K Deployments, with...
2U Sues U.S. Department of Education Over “New Regulation that Overreaches Its Authority”
IBL News | New York
OPM (Online Program Management) provider 2U Inc, the owner of edX.org, sued the U.S. Department of Education in federal court...
2U Secures New Capital and Refinances Its Debt
IBL News | New York
2U, Inc. (Nasdaq: TWOU) announced that it entered into an agreement to refinance its term loan and secure $127 million...
Open edX & Learning Platforms Newsletter | October – December 2022: Open edX, 2U,...
OCTOBER - DECEMBER 2022 – NEWSLETTER #47 | Breaking news at IBL News | Noticias en Español
Open edX
• The 2023 Open edX Conference Will Take Place...
2U Kept Flat Revenue in the Third Quarter of 2022
IBL News | New York
2U, Inc. (Nasdaq: TWOU), which owns edX.org, reported flat revenue of $232.2 million in the third quarter of 2022, compared to the...