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...The rivals “have to compete on generative AI or they’ll lose relevance and market share”, said Jeff Pearson, managing director at technology consultancy Slalom....
...Pearson’s largest shareholder, Cevian Capital, wants the education group to move its listing from London to New York, in a move that would be a fresh blow to the UK stock market....
...Pearson, the London-listed education and training group, has upgraded its profit guidance for 2023 on the back of growth in its computer-based testing and assessment business, and English language skills...
...Earnings: Full-year results from London-listed education group Pearson and UK online property portal Rightmove. Events: First day of meteorological spring....
...Pearson’s chief executive Andy Bird is retiring after three years at the head of the education publishing group, the company said on Wednesday, and will be replaced by Omar Abbosh....
...Pearson’s chief executive Andy Bird is leaving after three years at the helm of the education group and will be replaced by Microsoft executive Omar Abbosh....
...Pearson was in special measures when Andy Bird took charge in 2020. The London-listed education company’s subsequent turnaround secured top marks for the ex-Disney executive....
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...Pearson exec sells ahead of Bird’s departure Christmas came early for Giovanni Giovannelli, president of Pearson’s English language learning division, who pocketed £2.76mn through the sale of 295,000 shares...
...Pearson: Shares in the London-listed education group rose 1.2 per cent as it raised its profit guidance after reporting strong growth in its assessment and qualifications business....
...In some sectors of government, such as education and social care, IDs are increasingly seen as a crucial way to better services....
...Big share price moves in Europe today include UK-based education company Pearson, British housebuilder Bellway and Swiss insurer Baloise: Pearson: The digital education company was the biggest faller on...
...Cevian is now calling on education publisher Pearson to follow suit. But not all companies would benefit from relisting in the US, according to a UBS study of 60 big UK companies....
...Pearson has suffered a major shareholder revolt over executive pay as investors in the London-listed education group signalled persistent disquiet....
...Pearson has suffered a shareholder revolt over executive pay as investors in the London-listed education group expressed their unhappiness over the prospect of larger payouts in the future....
...Big share price moves in Europe today include UK-based construction engineering company Keller Group, car manufacturer Volvo, and education company Pearson....
...education company Udemy dropping by more than 5 per cent....
...been a positive force for thousands of Texas schools and families in such a reckless manner is irresponsible,” BackRock’s vice-chair, Mark McCombe, wrote to Aaron Kinsey, chair of the Texas State Board of Education...
...The debate over banning TikTok has become one of the only unifying topics that Democrats and Republicans can agree on in Congress, as concerns mount about Chinese interference in sectors including education...
...Separately, you report that education publishers Pearson and Chegg had been caught up in a market chill after the latter felt it necessary to warn investors that AI alternatives over time may have an impact...
...In the past, training and education have been a critical point of exposure to a new technology that eventually becomes mainstream, Harding said....
...Sales at the higher education division fell 4 per cent last year owing to lower enrolments at US universities. Elsewhere, Pearson is expanding....
...Germany’s ministry of education and research published its first fusion paper in May....
...Pearson: Education company Pearson was the biggest riser on the FTSE 100 after it announced a plan to embed generative artificial intelligence across its product portfolio to “enhance the teaching and learning...
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