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Coursera, recently founded by Stanford professor Andrew Ng, will offer not only free online courses, but also a great deal of individualized instruction in the form of grading, testing, student-to-student help and certificates of completion.
CNN: Do we need a revolution in higher education?
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Ng said Coursera will submit classes from different disciplines, attempting to establish that Coursera students can win real college credit in a wide range of fields.
FORBES: Coursera Mulls Webcam Exam As A Path To College Credit
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Rex Ng, CEO of 6waves, will become CEO of the new company, 6waves Lolapps.
FORBES: Lolapps Merges With 6Waves In Social Gaming Developer-Publisher Tie-Up
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Mr Ng'arua has said that he will only leave his job if his contract, which runs until 2005, is paid in full, and if he is paid the costs of relocating to his home country of Kenya.
BBC: Exorcism after Swazi witch hunt
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"The biggest problem is these guys are old, they don't know how to do business development, they've just been doing the same thing over and over, expecting their name or signage will help bring people in, " says Mr. Ng.
WSJ: Reshaping Hong Kong's Fading Tailoring Industry