Saturday, July 1, 2023

Byju's lenders renew talks to restructure edtech company's debt load

The lenders have delivered a detailed amendment proposal to the company that calls for a debt pay down, coupon boost and better investor protections on the loan. The company told some lenders it will review the proposal and deliver its reply by early next week, the people said.

from Tech-Economic Times https://ift.tt/E3qU7Wr

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Schools reach out to Canvas hackers as breach hits US classrooms

A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and uni...