The $34.5M price tag for Duolingo’s NextBeat acqui-hire came to light after Class Central dug through its quarterly SEC report.

As growth falters, Coursera slashes revenue forecasts, ousts its Chief Revenue Officer and Chief Operating Officer, and suffers a record-low stock price.

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Subscriber growth and revenue are accelerating even as revenue per user declines. Udemy built its empire on a simple idea: anyone could create a course, and anyone could buy one. That marketplace model made Udemy famous and made millionaires out of its top instructors. Now the company is deliberately killing it. In Q3 2025 earnings call, Udemy’s CFO admitted they are “intentionally reducing” single course sales to push users toward subscriptions. The logic is straightforward: Udemy keeps 82.5%