Welcome to our dedicated page for Pearson news (Ticker: PSO), a resource for investors and traders seeking the latest updates and insights on Pearson stock.
Pearson plc reports news across its education, assessment, and workforce-skills businesses as a UK-listed learning company with ADRs trading under PSO. Recurring updates cover assessment and qualification testing, higher education, virtual learning, English language learning, professional certifications, and enterprise upskilling products.
Company announcements also describe AI-powered learning tools such as Communication Coach, adaptive practice technology, Pearson Professional Assessments, Credly digital credentialing, Faethm workforce planning, and the Global Scale of English. Pearson news frequently includes trading updates, preliminary results, product launches, strategic technology partnerships, student and educator research, contract wins, and capital actions.
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On February 13, 2023, Mondly by Pearson released a study indicating that nearly half of Massachusetts residents are learning new languages to express love this Valentine's Day. The survey found 33% want to learn French, 25% Italian, and 24% Spanish. Among those dating bilingual partners, 66% are learning their partner's language, with 74% of Millennials motivated to do so. The study highlights a broader trend in 2023 where residents seek self-improvement through language learning, with 61% wanting to feel more knowledgeable and 34% aiming to bridge cultural gaps. Mondly is offering a lifetime membership for $89.99.
According to a recent study by Mondly by Pearson, nearly half of New Yorkers are learning new languages to express love this Valentine's Day. The study indicated 34% want to learn French, 32% Spanish, and 27% Italian for romantic phrases. Among those dating bilingual partners, 63% are actively learning their partner's language, with 72% of Millennials leading the charge. Moreover, 59% of New Yorkers aim to learn languages for self-improvement, addressing feelings of isolation and lack of knowledge. The study, conducted by Morning Consult from January 1-12, 2023, surveyed 1,000 adults in New York State.
Pearson has agreed to acquire Personnel Decisions Research Institutes (PDRI) for an enterprise value of $190 million. This strategic move aims to enhance Pearson's offerings in workforce assessment services, particularly for the U.S. Federal Government, which employs over 4 million individuals. PDRI is known for its expertise in tailored assessments and has a collaboration with the Office of Personnel Management for the USA Hire platform, serving more than 40 federal agencies and assessing over 500,000 applicants annually. The acquisition is expected to close in H1 2023.
Pearson has released a comprehensive analysis revealing that employers prioritize soft skills in job candidates, based on a review of 21 million global job ads. The top five current 'Power Skills' include Communication, Customer Service, Leadership, Collaboration, and Problem Solving. By 2026, predicted in-demand skills are Collaboration, Customer Focus, Personal Learning, Achievement Focus, and Cultural and Social Intelligence. This shift highlights the importance of human skills alongside technical abilities for long-term career success.
Bridge Growth Partners has appointed Jonathan Harber as Senior Advisor, leveraging his 30 years of experience in education technology. Harber, former CEO of SchoolNet and CEO of Pearson K12 Technology, will assist in identifying investment opportunities for Bridge Growth. His proven track record includes significant contributions to academic achievement through technology. The partnership aims to expand Bridge Growth’s influence in the education tech sector, promising potential benefits for the firm’s future investments.