Laurene Powell Jobs, widow of Apple Inc (AAPL.O) co-founder Steve Jobs, is the lead investor who funded the buyout of News Corp’s (NWSA.O) money losing digital education business Amplify earlier this year.
A representative for Powell Jobs’ organization, the Emerson Collective, confirmed the investment in Amplify but would not specify how much of the company Powell Jobs would own or the amount paid for it.
edCircuit is a mission-based organization entirely focused on the K-20 EdTech Industry and emPowering the voices that can provide guidance and expertise in facilitating the appropriate usage of digital technology in education. Our goal is to elevate the voices of today’s innovative thought leaders and edtech experts. Subscribe to receive notifications in your inbox
Would you like to use an EdCircuit article as a resource. We encourage you to link back directly to the url of the article and give EdCircuit or the Author credit.