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Pend Oreille PUD officials raise concerns about Ponderay Newsprint sale

Pend Oreille PUD officials raise concerns about Ponderay Newsprint sale
By Thomas Clouse, The Spokesman-Review
Published: April 30, 2021, 8:05am
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Before a federal judge could approve a proposed sale of the closed Ponderay Newsprint Mill to a California-based venture capital company, concerns were raised during a court hearing Thursday about potential plans to use power allotted to the mill for cryptocurrency mining.
U.S. Bankruptcy Judge Frederick Corbit conducted a hearing Thursday to accept the results of an April 23 auction in which three parties put forward $350,000 to bid to purchase the plant in Usk. Its previous owners filed for bankruptcy protection last year and the closure resulted in the layoffs of about 150 workers. ....

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This Week in Apps: App Store privacy labels, Facebook criticizes Apple over ad targeting, Twitter kills Periscope – TechCrunch

This Week in Apps: App Store privacy labels, Facebook criticizes Apple over ad targeting, Twitter kills Periscope
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in global consumer spend in 2019. Not including third-party Chinese app stores, iOS and Android users downloaded 130 billion apps in 2020. Consumer spend also hit a record $112 billion across iOS and Android alone. In 2019, people spent three hours and 40 minutes per day using apps, rivaling TV. Due to COVID-19, time spent in apps jumped 25% year-over-year on Android. ....

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Intellectokids Raises $3.1M in Series A Funding – FinSMEs

IntellectoKids, a London, UK-based provider of online education solutions for children up to 7 years of age, raised $3.1m in Series A financing.
The round was led by Allrise Capital. In conjunction with the funding, Allrise Capital CEO, Ruslan Zinurov, will join IntellectoKids’ Board of Directors.
The company intends to use the funds to expand into new geographies outside of the United States, Europe, and grow its Android userbase.
IntellectoKids provides a platform that consists of four different applications that help educate children through gamified experiences on subjects necessary for early schooling. The company boasts over 2 million installs and has been consistently ranked within the top 10 grossing apps in the Kids 5 & Under category in both the United States and Canada, according to Sensor Tower. ....

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K-12 Dealmaking: Instructure Acquires Major Assessment Provider; IntellectoKids Raises Funds

K-12 Dealmaking: Instructure Acquires Major Assessment Provider; IntellectoKids Raises Funds
Several major acquisitions closed in the education space in the last several weeks, spanning from the U.S. to the U.K. to Brazil. Instructure is acquiring a large assessment company, which will significantly broaden its portfolio.
Another major deal will take technology workforce development company Pluralsight off of the public market and into the hands of Vista Equity Partners, a private equity firm.
A few highlights:
Instructure to acquire Certica Solutions. Education powerhouse Instructure, which runs the Canvas Learning Management System widely used in K-12, will acquire Wakefield, Mass.-based Certica Solutions, an industry leader in K-12 assessments, item banks, and learning analytics, Instructure announced. ....

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Allrise Capital Leads $3M Series A Investment Into a Leading EdTech Application, Intellectokids

Allrise Capital Leads $3M Series A Investment Into a Leading EdTech Application, Intellectokids
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IRVINE, Calif., Dec. 16, 2020 /PRNewswire/ Southern California-based investment manager Allrise Capital, announced today that it led a $3.1 million Series A financing for IntellectoKids.
Intellectokids
IntellectoKids is a rapidly growing provider of online education solutions for children up to 7 years of age. The platform consists of four different applications that help educate children through gamified experiences on subjects necessary for early schooling. IntellectoKids boasts over 2 million installs and has been consistently ranked within the top 10 grossing apps in the Kids 5 & Under category in both the United States and Canada, according to Sensor Tower. ....

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