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The Latest Breaking News from Andy Bird

Pearson CEO Andy Bird quits after three years

Pearson’s 59-year-old CEO Andy Bird is to quit, the education firm said today as it unveiled plans for his replacement after just three years in charge.

Evening Standard

Thanks to A.I., workers are struggling with "FOBO"—fear of being obsolete

The fear of artificial intelligence taking their job is unfounded—for most workers.

Fortune

Pearson eyes AI revenue growth but concedes some tools are imports of ChatGPT

CEO Andy Bird said he had so far rejected offers for use of the firm’s content to train large language models

Evening Standard

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The CEO who manages the world’s biggest sovereign wealth fund says ‘force yourself’ to use A.I.

A.I. will transform everything we do, Nicolai Tangen says. Sitting it out is not an option.

Fortune

Gen Z needs brand-new skills to climb to the C-suite, says healthcare CEO

Knowing how to use and implement generative A.I. will be a “minimum expectation” for future CEOs, Sanofi CEO Paul Hudson said.

Fortune

Workers worry that A.I. will lead to a slash in pay, even as it mints new $300,000 jobs

More so than their Gen X or Gen Z counterparts, millennials are worried their new robot coworkers will snap up their pay.

Fortune

A.I. moving ‘faster than real life’ is widening a skills gap workers need to keep up with

Workers have no choice but to up their tech skills, Pearson's Andy Bird says.

Fortune

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Pearson taking legal action over use of its content to train language models, as it announces own AI plans

Pearson has already sent out a cease-and-desist letter over use of its intellectual property

Evening Standard

How Pearson is using technology to reinvent itself in a post-textbook world

Corporate training and certifications are starting to replace Pearson's declining textbook revenue.

Fortune

Pearson plans NFT textbooks for resale profit extortion

Because what else is the blockchain for if not making money in a spectacularly underhanded fashion?

Input

Pearson plans to sell its textbooks as NFTs

Educational publisher’s move into non-fungible tokens is intended to claw back some of the income lost to secondhand sales

The Guardian - UK

Pearson boss eyes NFT textbooks as next revenue stream

The CEO said the company has set up a team dedicating to working on the metaverse.

Evening Standard

Grant Shapps’ response to P&O Ferries won’t get its sacked workers their jobs back

New powers will block ferries that pay crews below minimum wage from UK ports, which P&O will probably find acceptable

The Guardian - UK

Pearson Shares Soar As It Ditches Apollo's Takeover Offer Second Time

U.K. education publishing group Pearson PLC (NYSE:PSO) refused Apollo Global Management Inc's (NYSE:APO) March 7 takeover proposal for 854.2 pence per share which valued Pearson at £6.5 billion, Bloomberg reports. Previously, Pearson rejected Apollo's November cash offer of 800 pence per share, valuing Pearson at £6.1 billion ($8 billion). Pearson reasoned that the offers significantly…

Benzinga

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Benzinga

Why Are Pearson Shares Trading Higher Premarket?

Pearson PLC (NYSE:PSO) bumped up its full-year profit guidance for 2021 after significant gains in testing and qualification services. The London-based education and training group's full-year adjusted operating profit would increase by about a third from 2020 to ~385 million pounds and ahead of consensus expectations. Earlier, Pearson said it remains on track…

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