The $34.5M price tag for Duolingo’s NextBeat acqui-hire came to light after Class Central dug through its quarterly SEC report.

Analyzing the impact of China’s regulatory crackdown on the nation’s for-profit education industry.

In 2021, 10 years after it burst on the scene, the MOOC ecosystem has reached 220M learners and 19.4K courses.

Udemy lays off 280 staff, representing 20% of its workforce, with plans to relocate half of the affected positions to lower-cost locations.