National teachers union sues Education Secretary Betsy DeVos for repeal of student protections

The American Federation of Teachers filed a lawsuit Wednesday against the Education Department and Education Secretary Betsy DeVos for her repeal of Obama-era regulations designed to hold for-profit colleges and universities accountable to their students. The AFT accused DeVos of violating the law to repeal protections for students at for-profit colleges, and it argued that the regulations could save taxpayers over $5 billion on money going toward failing programs, according to the complaint. “The reason that we filed this lawsuit, the reason that the attorneys general throughout the country are doing this, is to…

Read More

SoftBank offers up to $40b investment for Indonesia’s new capital

Indonesia’s coordinating minister for maritime affairs and investments Luhut Pandjaitan said that Japanese conglomerate SoftBank would likely invest US$30 billion to US$40 billion for the development of Indonesia’s new capital city in East Kalimantan province, the Indonesian part of Borneo island, according to Bloomberg. The statement followed SoftBank CEO Masayoshi Son’s visit in Jakarta last week to meet President Joko Widodo. During the encounter that was also attended by Grab’s CEO and co-founder Anthony Tan, Son expressed his interest to fund “the new Jakarta.” Pandjaitan said the president will announce his…

Read More

Why we need government schools: They are the only educational lifeline for 60% of India’s children

There is change in our government schools if one cares to look for it. In a survey my colleagues conducted in 2005 in northeast Karnataka, only four out of ten schools had obtained uniforms and books in time for the start of the academic year. Today, this number has more than doubled. Nearly every school I visited had planned and procured books and uniforms well in time, even if it meant that their teachers had to sacrifice some holidays. In most schools that we visited, attendance was over 90 per…

Read More

Livingfoodz.com rises in the ComScore India report for Lifestyle

livingfoodz.com, the digital arm of LF -India’s premium multi-platform lifestyle brand from the Essel Group with presence in TV, Digital and Events has hit the 2. 4 Mn users mark in December, 2019. Securing the top 10 position (excluding food ecommerce) in comScore has placed livingfoodz.com ahead in lifestyle over many legacy players owing to its unique content, its distinctive focus on trends and Tv catch up. Speaking to the curious at heart who love to explore, travel and live life to the fullest; livingfoodz.com caters to the adventurous foodie,…

Read More

How to become rich: Top 10 investment options for New Year that can make you rich

If you wish to become rich, make a plane, and start investing early. All of us wonder how we can make money without much effort. However, only a few follow the winding path towards becoming rich. To become rich, a person needs to have a good financial plan and also learn how to invest. Once you learn the art and science behind making idle money work for you, you will have a better chance at becoming rich effortlessly. Needless to say, one can become financially stable if they inculcate the habit…

Read More

For investors, digital health data outweighs algorithms

Venture capital firms first look for useful and unique data when they invest in digital health companies. At the SoCalBio Digital Health Conference, representatives of six Southern California-based firms agreed that having access to good data outweighs even the most sophisticated algorithms. Both technology and health care firms are investing in companies using AI to solve health care’s most costly problems, said Milo Bissin, director of life science and health care for Silicon Valley Bank. The amount of investment in health tech companies has grown significantly in the last five…

Read More