No, not Facebook.

Not Zynga.

And probably not Groupon.

At least not yet, when it comes to the blockbuster Web IPOs that Wall Street and investors have been waiting for, and now expecting to roll out sooner than later in the wake of the return of the Web IPO in recent weeks.

Not so fast.

That’s what multiple sources with knowledge of the situation said when queried by BoomTown after the successful public outing by Demand Media, followed by LinkedIn’s S-1 regulatory filing last week.

While these events spurred a great deal of speculation about which Web wunderkind would belly up to the public trough next, sources said that those looking for IPOs well above the $5 billion range will have to wait a little longer.

Because, while companies such as social networking giant Facebook, social buying phenom Groupon and social gaming’s Zynga have all been courted heavily by investment bankers such as Goldman Sachs, Morgan Stanley and others–all remain well-funded and willing to hold off opening their books for all to see until the last possible moment.

“There’s not a lot of reason to expose all kinds of information that is keeping these companies ahead too early,” said one person close to the situation. “In fact, once that much data is out there, you could argue that they lose a lot of their magic to investors.”

Some of that financial information is already out there, although in small bites, which has only been a taste for investors.

Full-scale sunlight will be different. While it can be cleansing, it can also be disappointing to those with too-high expectations of these companies.

Thus, expect to see more small IPOs–at least in comparison–from outfits such as Chegg, which has also been deep in talks with bankers for a while now.

Chegg, like LinkedIn, has been highly successful in a niche arena–in its case, online rentals of textbook to college students.

In the fall, the Silicon Valley company raised another $75 million in funding, on top of a previous $144 million.

Venture firms, such as Kleiner Perkins, Foundation Capital, Insight Venture Partners and others have presumably handed over that money in hopes of big returns in disrupting a $10 billion college textbook business.

Chegg got its start in 2005 at Iowa State University as a classified rental service, where books were the dominant item, but evolved its business to focus on actually doing the textbook rentals.

Typically, a rental costs a fraction of what buying a book outright does. It is ordered online and then sent to a renter, who then returns it.

The company’s unusual name, Chegg, is a mashup of “chicken and egg,” and its model is similar to that of innovative video rental outfit Netflix.

And a Netflix-like business is what presumably may keep Wall Street investors interested–at least until the bigger fish arrive.

But three old college pals can make the claim–and back it up–that they dreamed up the idea for a college-based social networking site, and for a short time ran it, years before coeds began “friending” and “poking” their pals on Facebook.

No, this account doesn’t center around Cameron and Tyler Winkelvoss, the notorious twins who claim Mark Zuckerberg stole their idea while at Harvard and created what’s now a company valued at $50 billion.

Read the rest of this post on the original site

According to sources close to the situation, online textbook rental company Chegg has acquired Cramster, a social online homework help platform.

The Pasadena, Calif.-based Cramster is the leading online study community, offering expert Q&A help, study groups and practice tests and problems. College and high school students, teachers, professors, parents and other experts add information into the network on a large range of subjects.

It was founded in 2002 and now has one million members, using either a free or premium service.

The Cramster purchase is one in a series of start-up acquisitions that Chegg has been making of late, part of a strategy to be a central place for student needs.

In late September, the company bought CourseRank, a Mountain View, Calif., start-up that helps students share course schedules, take classes with friends, and read and write reviews on classes and professors, as well as find out how professors grade.

To expand, Chegg has raised a whopping $220 million in funding from a number of venture firms, including Kleiner Perkins.

That’s because Chegg has become the front-runner in the increasingly competitive online textbook rental space, as it seeks to disrupt the $10 billion college textbook business.

Chegg got its start in 2005 at Iowa State University as a classified rental service, where books were the dominant item, but evolved its business to focus on actually doing the textbook rentals.

The company’s unusual name, Chegg, is a mashup of “chicken and egg,” and its model is similar to that of innovative video rental outfit Netflix.

Chegg now serves close to 7,000 schools across the U.S.

Typically, renting a book costs a fraction of what buying one outright does. It is ordered online and then sent to a renter, who then returns it.

Terms of the Cramster deal were not clear.

I know T-Mobile and Sprint already have 4G networks. Do you know when 4G on Verizon is coming out? And have you heard anything about 4G on AT&T?

A:

Sprint has a 4G network in scores of cities, and T-Mobile has a souped-up 3G network in many cities that it says can achieve 4G speeds. Verizon has pledged to introduce 4G service in several dozen cities by year-end. AT&T is planning to start rolling out 4G next year.

Two important caveats apply here. First, the term “4G” is a slippery one. While all of these networks offer faster data speeds than traditional 3G, they don’t actually meet the technical definition of 4G speeds set by the international standards body that defines such things. Second, to get the full speeds offered by these new networks, most people will need a new phone. Currently, there are only a handful of phones that can do so.

Q:

My daughter is graduating from high school and has been accepted to several Ivy League universities. She going in to the medical field. Her friend is urging her to get a Mac instead of a PC. What would you suggest?

A:

As I noted in my buyer’s guide last week, Windows PCs come in more varieties and are usually less expensive up front, which could help offset college costs. Macs have extremely high customer satisfaction, according to most major surveys, better built-in software and, perhaps most important, they aren’t susceptible to the vast majority of malicious software, a particular problem on college campuses that can cost money and time and risk losing work.

I’d suggest that once she selects a college, she should check to see which type of computer the college suggests and supports, what the academic prices are, and whether there is any special software required for pre-med courses that would favor one type of machine over another.

Q:

Thanks for your recent article on Ford’s latest automotive digital system. My biggest concern with these various electronic applications is how fast they can become obsolete. I can imagine keeping a $36,000 car for eight to 10 years. I can’t imagine many of the electronic systems will still work with the phones and who knows what else by then. Will Ford provide software upgrades to keep the vehicle relevant?

A:

Yes. Ford has developed a system that allows you to download updates to its SYNC digital system from the Web to a USB flash drive, using your computer. You then insert the portable drive into a USB port in the car to upgrade its software. More information is at http://bit.ly/cK33kD.

You can find Mossberg’s Mailbox and my other columns online at http://walt.allthingsd.com.

Kno, the high-profile Silicon Valley start-up trying to jump-start a market for tablets focused on students, announced tonight that it will have a limited number available by the end of the year for sale at prices of $599 and $899.

The lower price is for its single-screen device, while the clamshell double-screen version is more expensive.

Kno would not say exactly how many it has ordered for its first tablet production run–the device is being built by China’s Foxconn–but co-founder and CEO Osman Rashid said in an interview earlier today with BoomTown that units would number “in the thousands.”

Rashid said the Kno tablet will initially be aimed at 10 college campuses across the U.S., although he also declined to name them.

“We are going to do online and offline marketing, in a very focused approach,” he said, noting that Kno would be working with some college bookstores too.

Marketing a new and complex product like the Kno will take a lot of effort and cash, especially since it is an increasingly competitive market for mobile and portable computing products that includes Apple, Microsoft, Hewlett-Packard, Google, Amazon, Dell and many others.

Kno recently raised another $46 million in funding to add to a $10 million round, and sources said that the Santa Clara, Calif., company could be back out raising even more early next year.

Its current backers include prominent venture players like Andreessen Horowitz and First Round Capital, along with investors Mike Maples and Ron Conway.

Kno’s Rashid said his company pushed the go button after getting good feedback from students in a beta test, half of whom used the single-screen device and the other half the two screens, along with its related education platform software.

“We found that 85 percent of those using the single screen wanted the dual-screen version and that those using two screens took three times more notes,” said Rashid. “Students said they love the fact that they can write in the textbook itself and it appears the way it needs to be, even in digital form.”

The first Kno will have an aluminum body, and the company will also offer a set of accessories, such as a cover and a stand.

And Kno will watch initial sales carefully. “As a start-up, we want to make sure we are meeting demand, but also that we roll it out in a careful approach,” said Rashid.

Indeed–and it will be interesting to see how that goes for the ambitious and innovative Kno.

Until the results are in, here is the official press release from Kno:

Kno Announces Pricing and Pre-Order Availability for Tablet Textbook; Pays for Itself in 3 Semesters

Delivers Significant Student Impact for Less than 1% the Cost of a 4-Year College Education

Santa Clara, CA–November 9, 2010–Kno, Inc., a powerful, groundbreaking tablet textbook designed specifically for students and the education market, today revealed the price of its 14.1 inch single and dual-screen tablets at $599 and $899, respectively. The company also announced that it is now accepting a limited number of pre-orders for an initial shipment that is expected to be on customers’ doorsteps by the end of the year.

“Kno’s extraordinary benefits represent only a tiny fraction of the overall cost of college, but its impact on the student’s career–and the energy it adds to the experience, the thrill of learning, and the ultimate grade–is dramatic,” said Osman Rashid, Co-Founder and CEO of Kno, Inc. “Even better, when you do the math, it actually pays for itself and still saves $1,300 in digital textbook costs.”

Kno has been beta-testing the product with students and the response has been overwhelmingly positive for both the single and dual screen devices. Far more than just a digital textbook, Kno is creating a powerfully effective new learning environment that will make students at all levels more successful at processing, grasping and retaining both facts and concepts.

“My experience with Kno has been really incredible. My books have become more interactive and the ability to hand-write electronic notes on the book pages themselves has changed how I retain information,” said Melissa Lin, a sophomore majoring in Biology at UC Berkeley that has been beta-testing the Kno tablet. “I see a ton of difference with the Kno. I can carry everything with me including my books, my notebooks and a browser for research. And, with the lower cost of digital textbooks, it will pay for itself in three semesters which is really great.”

Digital textbooks, which typically cost between 30 and 50 percent less than physical textbooks, will be priced separately and will be sold through the Kno bookstore, which will be accessible on every Kno device. Starting today, students will be able to browse Kno’s bookstore at www.kno.com/store/books, which will include tens of thousands of the most popular textbooks and supplement materials. Kno has previously announced that it is working with major textbook publishers including Cengage, McGraw Hill and Pearson. The company recently added publishers including Macmillan, Bedford, Freeman & Worth and Holtzbrinck as well as BarCharts Publishing, Kaplan, Random House and a large number of the University Presses.

“According to the not-for-profit College Board’s 2010 report, the average college student spends approximately $1,100 a year on book and supplies,” said Babur Habib, CTO and Co-Founder of Kno, Inc. “Kno can reduce that cost while bringing education into the 21st Century, providing students with a far superior learning experience than they have today.”

To learn more about Kno, please visit the Kno blog at http://blog.kno.com or visit us on Facebook www.facebook.com/GoodtoKNO, Twitter www.twitter.com/GoodtoKNO and YouTube www.youtube.com/GoodtoKNO.

A few days ago, All Things Digital announced CNET senior writer Ina Fried was joining the staff to cover mobile for the site.

Today, we complete a one-two punch with the hiring of Liz Gannes, who will be covering the critical social beat.

She comes to us after an impressive stint as a senior writer from the terrific GigaOm Network.

Anyone who follows the development of Web 2.0 and the growing power of social networking–from powerhouse Facebook to the innovative stylings of Twitter to the explosive growth of Zynga–understands the importance of the social arena to the future of the Web.

That was underscored today with the unveiling of a new $250 million sFund by Kleiner Perkins, Facebook, Amazon and others.

Liz will be covering all this and more for us, which we expect her to do with the same kind of professionalism and insight she displayed in spades at GigaOm.

Liz, interestingly enough, was raised in Silicon Valley, and has been wise beyond her years, even as a high school student.

In fact, in an article in the New York Times in 2000 about the corrosive effect of the Web 1.0 culture on young people in the area–called the “affluenza syndrome”–the then-senior at Palo Alto High School said:

“It’s hard to ground ourselves sometimes….The things we hear on the news are happening all around us. We’re living on top of this bubble and we’re not able to see below us.”

We think Liz’s unique perspective will allow readers to see a lot.

After high school and college at Dartmouth, where she got a degree in linguistics, the daughter of a tech-reporter-turned-start-up-CEO–the amazing Stuart Gannes–started her career as a reporter for Red Herring in 2004.

In 2006, Liz founded NewTeeVee, a GigaOM site that is now the pre-eminent source for news and analysis about the intersection of entertainment and technology.

We are thrilled to have her join ATD, especially so since she is coming from a site we admire so much and, more importantly, because of her work for tech’s top-notch blogging pioneer, Om Malik.

And we think once Liz starts chronicling the social arena for us, our readers will have even more to admire in her work.

There are more job announcements to come soon, as ATD expands our coverage, so stay tuned.

A few days ago, All Things Digital announced CNET senior writer Ina Fried was joining the staff to cover mobile for the site.

Today, we complete a one-two punch with the hiring of Liz Gannes, who will be covering the critical social beat.

She comes to us after an impressive stint as a senior writer from the terrific GigaOm Network.

Anyone who follows the development of Web 2.0 and the growing power of social networking–from powerhouse Facebook to the innovative stylings of Twitter to the explosive growth of Zynga–understands the importance of the social arena to the future of the Web.

That was underscored today with the unveiling of a new $250 million sFund by Kleiner Perkins, Facebook, Amazon and others.

Liz will be covering all this and more for us, which we expect her to do with the same kind of professionalism and insight she displayed in spades at GigaOm.

Liz, interestingly enough, was raised in Silicon Valley, and has been wise beyond her years, even as a high school student.

In fact, in an article in the New York Times in 2000 about the corrosive effect of the Web 1.0 culture on young people in the area–called the “affluenza syndrome”–the then-senior at Palo Alto High School said:

“It’s hard to ground ourselves sometimes….The things we hear on the news are happening all around us. We’re living on top of this bubble and we’re not able to see below us.”

We think Liz’s unique perspective will allow readers to see a lot.

After high school and college at Dartmouth, where she got a degree in linguistics, the daughter of a tech-reporter-turned-start-up-CEO–the amazing Stuart Gannes–started her career as a reporter for Red Herring in 2004.

In 2006, Liz founded NewTeeVee, a GigaOM site that is now the pre-eminent source for news and analysis about the intersection of entertainment and technology.

We are thrilled to have her join ATD, especially so since she is coming from a site we admire so much and, more importantly, because of her work for tech’s top-notch blogging pioneer, Om Malik.

And we think once Liz starts chronicling the social arena for us, our readers will have even more to admire in her work.

There are more job announcements to come soon, as ATD expands our coverage, so stay tuned.

Here at All Things Digital, we’ve always prided ourselves on our journalism efforts, while also fully embracing the fast-paced new world of blogging.

So, we could not be more thrilled to announce the hiring of Ina Fried as our new reporter and blogger, covering the critically important mobile beat. She is pictured here.

Her new beat will range from wireless carriers like AT&T; to handset makers, such as Nokia and Research in Motion; to the smartphone kingpins, Google and Apple.

And if Facebook ever does make a phone, Ina will surely have the scoop.

Mobile is a beat that reaches across companies and is at the dead center of Web 3.0.

Ina is one of several new journalists we will be announcing over the next week, part of an expansion of the ATD universe. That includes a recently announced new conference series, beginning with D: Dive Into Mobile.

There is much more to come, but let’s focus on the stylings of Ina first.

As most people know, she has been at CNET for the past 10 years, most recently covering Microsoft as a senior writer.

And although she hasn’t been focused solely on mobile, Ina has been covering the area since 2000, when folks like Kyocera were trying to shove a Palm Pilot and a phone together, most recently doing a behind-the-scenes series for CNET on the birth of Windows Phone 7.

During her time at the tech news site, she also covered Apple for four years and led CNET’s coverage of the Hewlett-Packard-Compaq merger, as well as covering all manner of gadgets from the Palm Pilot to the Audrey (I have no idea what that is, but Walt Mossberg does).

Before that, she covered the chip industry for financial wire service Bridge News and also worked at the Orange Country Register and Orange County Business Journal.

She’s a graduate of Miami University (she reminds me that’s the one in Ohio not Florida, pointing out they are better at ice hockey than football.)

Beyond breaking all kinds of stories on the Microsoft beat, Ina has closely followed Bill Gates in his shift from software titan to global philanthropist, interviewing him frequently and tagging along on his college speaking tour earlier this year. (Last week she published separate interviews with Gates and Microsoft CEO Steve Ballmer on the same day.)

Ina also traveled to Brazil and Colombia to explore the impact of computing in emerging markets.

She’s a former vice president of the National Lesbian and Gay Journalists Association and has won a number of journalism awards, including some that she says would be seriously dangerous during an earthquake.

For example, she was named three times as one of the top 30 financial journalists under 30 by TJFR and has also been honored by the Society of Professional Journalists and Western Publishers Association, among others.

A huge softball fanatic, part of the reason she won’t start at ATD until late November is that her women’s softball team is headed to the gay softball World Series in Las Vegas (I wonder if Audrey is going).

In the meantime, you can keep up to date with Ina by following her on Twitter at Twitter.com/inafried.

Here at All Things Digital, we’ve always prided ourselves on our journalism efforts, while also fully embracing the fast-paced new world of blogging.

So, we could not be more thrilled to announce the hiring of Ina Fried as our new reporter and blogger, covering the critically important mobile beat. She is pictured here.

Her new beat will range from wireless carriers like AT&T; to handset makers, such as Nokia and Research in Motion; to the smartphone kingpins, Google and Apple.

And if Facebook ever does make a phone, Ina will surely have the scoop.

Mobile is a beat that reaches across companies and is at the dead center of Web 3.0.

Ina is one of several new journalists we will be announcing over the next week, part of an expansion of the ATD universe. That includes a recently announced new conference series, beginning with D: Dive Into Mobile.

There is much more to come, but let’s focus on the stylings of Ina first.

As most people know, she has been at CNET for the past 10 years, most recently covering Microsoft as a senior writer.

And although she hasn’t been focused solely on mobile, Ina has been covering the area since 2000, when folks like Kyocera were trying to shove a Palm Pilot and a phone together, most recently doing a behind-the-scenes series for CNET on the birth of Windows Phone 7.

During her time at the tech news site, she also covered Apple for four years and led CNET’s coverage of the Hewlett-Packard-Compaq merger, as well as covering all manner of gadgets from the Palm Pilot to the Audrey (I have no idea what that is, but Walt Mossberg does).

Before that, she covered the chip industry for financial wire service Bridge News and also worked at the Orange Country Register and Orange County Business Journal.

She’s a graduate of Miami University (she reminds me that’s the one in Ohio not Florida, pointing out they are better at ice hockey than football.)

Beyond breaking all kinds of stories on the Microsoft beat, Ina has closely followed Bill Gates in his shift from software titan to global philanthropist, interviewing him frequently and tagging along on his college speaking tour earlier this year. (Last week she published separate interviews with Gates and Microsoft CEO Steve Ballmer on the same day.)

Ina also traveled to Brazil and Colombia to explore the impact of computing in emerging markets.

She’s a former vice president of the National Lesbian and Gay Journalists Association and has won a number of journalism awards, including some that she says would be seriously dangerous during an earthquake.

For example, she was named three times as one of the top 30 financial journalists under 30 by TJFR and has also been honored by the Society of Professional Journalists and Western Publishers Association, among others.

A huge softball fanatic, part of the reason she won’t start at ATD until late November is that her women’s softball team is headed to the gay softball World Series in Las Vegas (I wonder if Audrey is going).

In the meantime, you can keep up to date with Ina by following her on Twitter at Twitter.com/inafried.

Chegg, the online textbook rental service, has raised another $75 million from Asia-based Ace Limited, according to sources.

Ace seems to be nonexistent on the Internet, although sources said it is a Hong Kong-based investment firm.

The round comes after a huge Series D investment in late 2009, which already brought Chegg’s funding to a whopping $144 million.

Venture firms, such as Kleiner Perkins, Foundation Capital, Insight Venture Partners and others have presumably handed over that money in hopes of big returns.

And, of course, the inevitable IPO for the Silicon Valley start-up.

That’s because Chegg has become the front-runner in the increasingly competitive online textbook rental space as it seeks to disrupt the $10 billion college textbook business.

Chegg got its start in 2005 at Iowa State University as a classified rental service, where books were the dominant item, but evolved its business to focus on actually doing the textbook rentals.

The company’s unusual name, Chegg, is a mashup of “chicken and egg,” and its model is similar to that of innovative video rental outfit Netflix (NFLX).

Chegg now serves close to 7,000 schools across the U.S., with 120 employees in Silicon Valley and more at a warehouse operation in Louisville, Ky.

Typically, a rental costs a fraction of what buying a book outright does. It is ordered online and then sent to a renter, who then returns it.

There is, of course, lots of competition.

The Barnes & Noble (BKS) College division recently began testing a textbook rental program, for example, and is rolling it out to 25 U.S. colleges. And BookRenter is a smaller rival.

In a bid to expand its offerings beyond books, Chegg recently acquired CourseRank, a Mountain View, Calif., start-up that helps students “share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.”

Here is a video interview I did with Chegg CEO Dan Rosensweig recently at Chegg’s Santa Clara, Calif., HQ:

]]> http://allthingsd.com/20100926/exclusive-chegg-raises-75-million-in-additional-funding-from-asias-ace/feed/ 2 http://allthingsd.com/20100819/cheggs-dan-rosensweig-talks-about-the-next-wave-of-online-textbook-rentals-and-more/ http://allthingsd.com/20100819/cheggs-dan-rosensweig-talks-about-the-next-wave-of-online-textbook-rentals-and-more/#comments Thu, 19 Aug 2010 19:58:21 +0000 Kara Swisher http://kara.allthingsd.com/?p=32485

Earlier this week, BoomTown went down to Santa Clara, Calif. to the offices of Chegg, the online textbook rental leader, to pay a visit on longtime Silicon Valley exec Dan Rosensweig.

The voluble Rosensweig has had a series on interesting posts, from stints at CNET Networks and Ziff-Davis before a top job at Yahoo (YHOO). After that, it was as a partner at the Quadrangle Group and then running the Guitar Hero division of Activision Blizzard (ATVI).

Now he is CEO of Chegg, where he arrived in February.

After raising $144 million in funding, Chegg has become the front-runner in the increasingly competitive online textbook rental space.

Venture firms, such as Kleiner Perkins, Foundation Capital and, most recently, Insight Venture Partners, have presumably handed over that money to co-founders Osman Rashid and Aayush Phumbhra in hopes of big returns.

And, of course, the inevitable IPO.

Chegg got its start in 2005 at Iowa State University as a classified rental service, where books were the dominant item, but evolved its business to focus on actually doing the textbook rentals.

The company’s unusual name, Chegg, is a mashup of chicken and egg and its model is similar to that of innovative video rental outfit Netflix (NFLX).

Chegg now serves close to 7,000 schools across the U.S., with 120 employees in Silicon Valley and more at a warehouse operation in Louisville, Ky.

Typically, a rental costs a fraction of what buying a book outright does. It is ordered online and then sent to a renter, who then returns it.

All this activity has attracted a lot of interest from both big and small players, especially given the $10 billion college textbook business.

That makes for lots of competition. The Barnes & Noble (BKS) College division recently began testing a textbook rental program, for example, and is rolling it out to 25 U.S. colleges. And BookRenter is a smaller competitor.

Today, in a bid to expand its offerings beyond books, Chegg said it had acquired CourseRank, a Mountain View, Calif. start-up that helps students “share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.”

Terms of the deal were not disclosed.

Rosensweig talks about all that and more, such as digital downloads, in the video interview below, which includes a tour of Chegg:

And here’s the official press release about Chegg’s acquisition of CourseRank:

CHEGG.COM ACQUIRES COURSERANK

Popular college course planning site that helps students with course and professor selection, hopes for rapid expansion

SANTA CLARA, Calif., August 19, 2010–Chegg.com, the number one online textbook rental company, today announced that it has acquired CourseRank, the Mountain View-based start-up that provides college students an easy and convenient way to create and share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.

“We are excited about adding CourseRank to the portfolio of content and services we can offer students to make college easier and more affordable,” said Dan Rosensweig, President and CEO of Chegg.com. “We all share a commitment to saving students time, money and making them smarter. It’s amazing how popular CourseRank has become on campus, having nearly 100,000 users and growing every day.”

Founded by five college students and already being used on 175 colleges and universities across the U.S., CourseRank helps students manage and plan their academic careers. CourseRank’s scheduling, planning and course review system guides students by arranging relevant course information in an easily accessible display where they can track their progress towards the goal of graduation, mapping courses taken, and grades received. A feature for students to find textbooks for their courses using CourseRank is currently in beta for select schools.

“We’re excited to be part of the number one online textbook rental company in such a hot space,” said Filip Kaliszan, Co-Founder and CEO of CourseRank. “We share Chegg’s commitment to using technology to make life easier and cheaper for college kids, and we are excited about expanding our reach to more schools, adding many new features in the next few months.”

CourseRank, founded in 2007 by three Stanford University students, has seen tremendous growth in the past year. To date, the company has achieved adoption by some of the country’s top schools including Stanford University, the University of California, Berkeley, and Cornell University.
Students can sign up for free and the first 5,000 will be entered for a chance to win cool prizes. For more information, visit www.courserank.com.”

]]> http://allthingsd.com/20100819/cheggs-dan-rosensweig-talks-about-the-next-wave-of-online-textbook-rentals-and-more/feed/ 1 http://allthingsd.com/20100811/university-dorms-leave-landlines-behind/ http://allthingsd.com/20100811/university-dorms-leave-landlines-behind/#comments Wed, 11 Aug 2010 07:00:55 +0000 Jennifer Valentino-DeVries http://voices.allthingsd.com/?p=28151 Following a trend that has been building for several years, some university dorms are ditching landline phones as cellphones become more popular.

The University of Virginia removed about 3,850 telephones from residence halls over the summer, the school said this week. The school’s housing department will save $500,000 a year by not providing telephone service, officials said, adding that AT&T (T), T-Mobile and Verizon (VZ) had funded improvements in coverage on campus.

“Students may still request a land-line telephone, but I don’t anticipate that a lot will,” said chief housing officer Mark Doherty in a statement. “Over the past several years, land-line use has decreased a lot.”

Read the rest of this post on the original site

]]> http://allthingsd.com/20100811/university-dorms-leave-landlines-behind/feed/ 0 http://allthingsd.com/20100510/chill-out-obama-doesnt-hate-your-ipad/ http://allthingsd.com/20100510/chill-out-obama-doesnt-hate-your-ipad/#comments Mon, 10 May 2010 10:30:53 +0000 Peter Kafka http://mediamemo.allthingsd.com/?p=19225 First things first: We already knew that Barack Obama is a Blackberry/PC guy, right? Perhaps even a Zune guy? So his “admission” that he doesn’t know how to work an iPod shouldn’t be a total shock.

More interesting: Wouldn’t it be weird if the President of the United States gave a speech about the education gap, made a passing reference to technology’s ability to distract us, and then the short-attention-span media made it look like he was coming for your Twitter account?

Not weird, you say? Just kind of predictable?

Okay. So here, for the record, are Obama’s prepared remarks for his commencement address at Hampton University yesterday (below). They clock in at more than 2,000 words (the speech he actually delivered was a tiny bit longer), but if you slug your way through it, you’ll find that your iPad is probably safe.

Don’t like to read? No problem–you can also watch the 22-minute speech. The White House posted it on its Web site last night.

Good morning, Happy Mother’s Day to all the moms here today, and thank you for inviting me to share this special occasion with the Hampton community. Before we get started, I just want to say, I’m excited the Battle of the Real H.U. will be taking place in Washington this year. You all know I’m not going to pick sides. But it’s been, what, 13 years since the Pirates lost. As one Hampton alum on my staff put it, the last time Howard beat Hampton, The Fugees were still together.

Let me also say a word to President Harvey, a president who bleeds Hampton blue. In a single generation, Hampton has transformed from a small black college into a world-class research institution. That transformation has come through the efforts of many people, but it has come through President Harvey’s efforts, in particular, and I want to commend him for his leadership.

I also want to recognize the Board of Trustees, faculty, alums, family, and friends with us today. And most importantly, I want to congratulate all of you, the Class of 2010–I take it none of you walked across Ogden Circle.

We meet here today, as graduating classes have met for generations, not far from where it all began, near that old oak tree off Emancipation Drive. I know my University 101. There, beneath its branches, by what was then a Union garrison, about twenty students gathered on September 17, 1861. Taught by a free citizen, in defiance of Virginia law, the students were escaped slaves from nearby plantations, who had fled to the fort seeking asylum.

After the war’s end, a retired Union general sought to enshrine that legacy of learning. With collections from church groups, Civil War veterans, and a choir that toured Europe, Hampton Normal and Agricultural Institute was founded here, by the Chesapeake–a home by the sea.

That story is no doubt familiar to many of you. But it is worth reflecting on why it happened; why so many people went to such trouble to found Hampton and all our Historically Black Colleges and Universities. The founders of these institutions knew, of course, that inequality would persist long into the future. They recognized that barriers in our laws, and in our hearts, wouldn’t vanish overnight.

But they also recognized a larger truth; a distinctly American truth. They recognized that with the right education, those barriers might be overcome and our God-given potential might be fulfilled. They recognized, as Frederick Douglass once put it, that “education…means emancipation.” They recognized that education is how America and its people might fulfill our promise. That recognition, that truth–that an education can fortify us to rise above any barriers, to meet any tests–is reflected, again and again, throughout our history.

In the midst of civil war, we set aside land grants for schools like Hampton to teach farmers and factory-workers the skills of an industrializing nation. At the close of World War II, we made it possible for returning GIs to attend college, building and broadening our great middle class. At the Cold War’s dawn, we set up Area Studies Centers on our campuses to prepare graduates to understand and address the global threats of a nuclear age.

Education, then, is what has always allowed us to meet the challenges of a changing world. And that has never been more true than it is today. You’re graduating in a time of great difficulty for America and the world. You’re entering the job market, in an era of heightened international competition, with an economy that’s still rebounding from the worst crisis since the Great Depression. You’re accepting your degrees as America wages two wars–wars that many in your generation have been fighting.

Meanwhile, you’re coming of age in a 24/7 media environment that bombards us with all kinds of content and exposes us to all kinds of arguments, some of which don’t rank all that high on the truth meter. With iPods and iPads; Xboxes and PlayStations; information becomes a distraction, a diversion, a form of entertainment, rather than a tool of empowerment. All of this is not only putting new pressures on you; it is putting new pressures on our country and on our democracy.

It’s a period of breathtaking change, like few others in our history. We can’t stop these changes, but we can adapt to them. And education is what can allow us to do so. It can fortify you, as it did earlier generations, to meet the tests of your own time.

First and foremost, your education can fortify you against the uncertainties of a 21st century economy. In the 19th century, folks could get by with a few basic skills, whether they learned them in a school like Hampton, or picked them up along the way. For much of the 20th century, a high school diploma was a ticket to a solid middle class life. That is no longer the case.

Jobs today often require at least a bachelor’s degree, and that degree is even more important in tough times like these. In fact, the unemployment rate for folks who’ve never gone to college is over twice as high as it is for folks with a college degree or more

The good news is, all of you are ahead of the curve. All those checks you wrote to Hampton will pay off. You are in a strong position to outcompete workers around the world. But I don’t have to tell you that too many folks back home aren’t as well prepared. By any number of different yardsticks, African Americans are being outperformed by their white classmates, and so are Hispanic Americans. And students in well-off areas are outperforming students in poorer rural or urban communities, no matter what color their skin.

Globally, it’s not even close. In 8th grade science and math, for example, American students are ranked about 10th overall compared to top-performing countries. African Americans, however, are ranked behind more than twenty nations, lower than nearly every other developed country.

All of us have a responsibility, as Americans, to change this; to offer every child in this country an education that will make them competitive in our knowledge economy. But all of you have a separate responsibility, as well. To be role models for your brothers and sisters. To be mentors in your communities. And, when the time comes, to pass that sense of an education’s value down to your children. To pass down that sense of personal responsibility and self-respect. To pass down the work ethic that made it possible for you to be here today.

So, allowing you to compete in the global economy is the first way your education can prepare you. But it can also prepare you as citizens. With so many voices clamoring for attention on blogs, on cable, on talk radio, it can be difficult, at times, to sift through it all; to know what to believe; to figure out who’s telling the truth and who’s not. Let’s face it, even some of the craziest claims can quickly gain traction. I’ve had some experience with that myself.

Fortunately, you’ll be well positioned to navigate this terrain. Your education has honed your research abilities, sharpened your analytical powers, and given you a context for understanding the world. Those skills will come in handy.

But the goal was always to teach you something more. Over the past four years, you’ve argued both sides of a debate. You’ve read novels and histories that take different cuts at life. You’ve discovered interests you didn’t know you had, and made friends who didn’t grow up the same way you did. And you’ve tried things you’d never done before, including some things I’m sure you wish you hadn’t.

All of it, I hope, has had the effect of opening your minds; of helping you understand what it’s like to walk in someone else’s shoes. But now that your minds have been opened, it’s up to you to keep them that way. And it will be up to you to open minds that remain closed. That, after all, is the elemental test of any democracy: whether people with differing points of view can learn from each other, work with each other, and find a way forward together.

I’d also add one further observation. Just as your education can fortify you, it can also fortify our nation, as a whole. More and more, America’s economic preeminence, our ability to outcompete other countries, will be shaped not just in our boardrooms and on our factory floors, but in our classrooms, our schools, and at universities like Hampton; by how well all of us, and especially us parents, educate our sons and daughters.

What’s at stake is more than our ability to outcompete other nations. It’s our ability to make democracy work in our own nation. Years after he left office, decades after he penned the Declaration, Thomas Jefferson sat down, a few hours’ drive from here, in Monticello, to write a letter to a longtime legislator, urging him to do more on education. Jefferson gave one principal reason–the one, perhaps, he found most compelling. “If a nation expects to be ignorant and free,” he wrote, “it expects what never was and never will be.”

What Jefferson recognized, like the rest of that gifted generation, was that in the long run, their improbable experiment–America–wouldn’t work if its citizens were uninformed, if its citizens were apathetic, if its citizens checked out, and left democracy to those who didn’t have their best interests at heart. It could only work if each of us stayed informed and engaged; if we held our government accountable; if we fulfilled the obligations of citizenship.

The success of their experiment, they understood, depended on the participation of its people–the participation of Americans like all of you. The participation of all those who’ve ever sought to perfect our union. Americans like Dorothy Height.

As you probably know, Dr. Height passed away the other week at the age of 98. Having been on the firing line for every fight from lynching to desegregation to the battle for health care reform, she lived a singular life. But she started out just like you, understanding that to make something of herself, she needed a college degree.

So, she applied to Barnard–and got in. Only, when she showed up, they discovered she wasn’t white like they’d thought. You see, their two slots for African Americans had already been filled. But Dr. Height was not discouraged. She was not deterred. She stood up, straight-backed, and with Barnard’s acceptance letter in hand, marched down to NYU, where she was admitted right away.

Think about that for a moment. A woman, a black woman, in 1929, refusing to be denied her dream of a college degree. Refusing to be denied her rights. Her dignity. Her piece of America’s promise. Refusing to let any barriers of injustice or inequality stand in her way. That refusal to accept a lesser fate; that insistence on a better life is, ultimately, the secret of America’s success.

So, yes, an education can fortify us to meet the tests of our economy, the tests of citizenship, and the tests of our time. But what makes us American is something that can’t be taught–a stubborn insistence on pursuing a dream.

The same insistence that led a band of patriots to overthrow an empire. That fired the passions of union troops to free the slaves and union veterans to found schools like Hampton. That led foot-soldiers the same age as you to brave fire-hoses on the streets of Birmingham and billy clubs on a bridge in Selma. That led generation after generation of Americans to toil away, quietly, without complaint, in the hopes of a better life for their children and grandchildren.

That is what has makes us who we are. A dream of brighter days ahead, a faith in things unseen, a belief that here, in this country, we’re the authors of our own destinies. And it now falls to you, the Class of 2010, to write the next great chapter in America’s story; to meet the tests of your own time; and to take up the ongoing work of fulfilling our founding promise. Thank you, God Bless You, and may God Bless the United States of America.

]]> http://allthingsd.com/20100510/chill-out-obama-doesnt-hate-your-ipad/feed/ 0 http://allthingsd.com/20100317/yahoo-acquires-citizen-sports/ http://allthingsd.com/20100317/yahoo-acquires-citizen-sports/#comments Wed, 17 Mar 2010 17:39:00 +0000 John Paczkowski http://digitaldaily.allthingsd.com/?p=36617 BoomTown was right: Yahoo is indeed buying online sports site Citizen Sports, a developer of sports-related apps and games for Apple’s (AAPL) iPhone and for social networking sites like Facebook. Financial terms of the deal were not disclosed, but as BoomTown noted on Monday, estimates put Citizen’s selling price at about $40 to $50 million.

The acquisition is a savvy one for Yahoo (YHOO), which already has a strong sports content business and stands to benefit from the additional social networking and mobile integration that Citizen Sports offers.

Below, the official announcement:

Yahoo! to Acquire Citizen Sports

Strengthens Social Strategy by Combining the Power of the No. 1 Online Sports Destination with the Web’s Most Popular Social Sports Company

SUNNYVALE, Calif., Mar 17, 2010 –As part of its ongoing commitment to be the center of people’s online lives, Yahoo Inc. (NASDAQ:YHOO) today announced it has signed a definitive agreement to acquire Citizen Sports (http://www.citizensports.com), a company that brings the world of sports to fans’ favorite social networking sites and mobile devices through innovative applications. This acquisition will strengthen Yahoo!‘s social strategy of enriching, aggregating and distributing social content from across the entire Web, and offering a highly customizable social experience.

“Yahoo! is in a unique position to combine our deep expertise in content and aggregation technology to offer a highly personalized social experience,” said Bryan Lamkin, senior vice president, Consumer Products Group, Yahoo!. “Sports has been among the earliest online categories to experience rapid social proliferation, and the combination of Citizen Sports leading products with our world-class sports experience on Yahoo! Sports is a win-win for sports fans globally.”

Millions of people across the globe use Citizen Sports’ array of social and mobile products to play fantasy sports, fill out brackets, check live scores and read up-to-the minute news on sports including football, hockey, soccer, baseball, racing, rugby, hockey and cricket. Yahoo! Sports’ content will be integrated into these products, creating a seamless experience for sports fans wherever they are. On Yahoo! Sports, users will be able to broadcast their allegiances, create or join a conversation with friends and fans and cheer for their teams through Citizen Sports’ applications. This integration will further transform Yahoo! into a more personally relevant experience, drive deeper user engagement and create opportunities for advertisers to interact with audiences in new environments.

As the #1 destination for online Sports with more than 39 million monthly unique users in the U.S.*, Yahoo! Sports provides people with the most timely, relevant and comprehensive sports news, information and programming. Citizen Sports’ network of popular applications for Facebook, MySpace (NYSE: NWS), hi5, iPhone and Android span professional, college and high school sports.

“Citizen Sports was founded with the intent to enable fans to access news, scores and fantasy games on the platform of their choice,” said Mike Kerns, founder and CEO of Citizen Sports. “We look forward to becoming a part of Yahoo! and bringing our social experiences to their 600 million users around the globe.”

Citizen Sports was founded by Mike Kerns and Jeff Ma in 2004. Since then the company has brought together millions of sports fans from around the world to enjoy sports and connect with their friends. Citizen Sports is based in San Francisco.

Yahoo! expects to complete this acquisition in the second quarter of 2010. Financial terms were not disclosed.

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