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The Spectrum Equity-backed video education platform Kajabi has already hit $60 million in ARR

Kajabi may not be an American household name, but users of the web hosting and video tech platform are now being seen in a lot of American households.

The company, initially bootstrapped and profitable since its launch, raised a minority investment from Spectrum Equity Partners last November, but that was merely icing on the cake for a business that had seen its user adoption surge.

The COVID-19 pandemic has pushed that adoption even higher as work-from-home gigs yield to work-from-home side hustles and anyone and everyone decides to get in on on the online education and training action, the company said.

In the past year alone, the company has seen its run rate cross $60 million in August and the company hit over $1 billion in recorded transactions milestone in March, according to chief marketing officer Orlando Baeza, who previously served as a marketing executive at Buzzfeed and Paramount Pictures

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National Trust sacking education officers ‘will hit worst-off children’

Volunteers are accusing the National Trust of excluding deprived and minority ethnic schoolchildren from enjoying nature and visiting its properties with the planned sacking of the charity’s education officers.

The number of protests and petitions are growing over the trust’s controversial “reset” involving the proposed loss of 1,200 jobs, including its learning staff, as the charity plans to stop providing any curriculum-based content or learning activities for schools.

Volunteers, parents and children waved banners and cars hooted their horns outside Sheringham Park in north Norfolk on Friday to plead for the retention of one full-time education officer and the 22-strong volunteer team who host 6,000 schoolchildren at the property each year.

Related: National Trust denies dumbing down in drive for ‘new audiences’

At other National Trust properties serving urban areas including London and Birmingham, there is dismay at the proposed axing of education services, with volunteers accusing the trust of

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Closest-ever asteroid to pass Earth and not hit it just squeaked by

This illustration depicts an asteroid, though not the one that squeezed by Earth on Aug. 16.


NASA/JPL-CalTech

We’ve gotten pretty good at spotting worrisome asteroids and tracking their paths. But sometimes the little ones sneak by, like asteroid 2020 QG did on Sunday.

The European Space Agency (ESA) NEO Coordination Centre, which monitors near-Earth objects, called 2020 QG “the closest asteroid ever observed to pass by our planet without hitting it” in a statement on Tuesday.

The asteroid snuggled up to Earth on Aug. 16, which was the same day it was first spotted by the Zwicky Transient Facility, an astronomical survey that looks out for these sorts of things. 

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Nursing home cases hit new high; UNC Chapel Hill reverts to online classes

The coronavirus is hitting hard again in nursing homes, with the number of new infections climbing to a weekly high, according to a new report.

Most of the new cases are in Sunbelt states.

Showing again the virus does not discriminate between the old and the young, one of the first major universities to welcome students back on campus, the University of North Carolina at Chapel Hill, is reversing course after outbreaks of the coronavirus and going to online classes only.

The experience at UNC could serve as an early warning sign for other campuses around the country as they contemplate reopening classes.

It’s not just classes that are a problem but socializing, President Donald Trump’s top expert said Monday. Dr. Deborah Birx, on Monday said families and friends holding parties are a big cause of outbreaks.

On the national front, Speaker Nancy Pelosi is calling back the House to

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Most real estate developers have hit pause. Why Terra’s David Martin is forging ahead

Most college students use coffee to power through all-night cram sessions.

As a University of Florida undergrad, David Martin used coffee in a different way — to launch his business career.

Starbucks had started sprouting up around the country in 1995, but none had yet reached Gainesville. So Martin signed onto his AOL account and went online to find out why so many were buzzing about the company.

“I had always been very entrepreneurial as a kid, so I took out a $50,000 line of credit from SunTrust Bank and opened a coffee and bakery shop on campus called Java Lounge,” he said. “It was open from 7 a.m. to 1 a.m. and it grew so fast I ended up with 25 employees. I learned a lot about operating a business and having a responsibility to your customers. It also taught me how to deal with city government and getting

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COVID-19 will hit colleges when students arrive for fall semester. So why open at all? Money is a factor.

Colleges that are reopening campuses this fall know they’re bringing a higher risk of coronavirus to their community.

The questions aren’t really about if or when, but about how bad outbreaks could be — and whether having an in-person experience for students is worth the cost. With so much at stake, some students, parents and faculty are asking: Why take the risk at all?

In many cases, it comes back to money.

For months, colleges and experts have warned another semester of remote courses could have disastrous effects on student enrollment and college budgets.

Colleges already lost billions of dollars when they pivoted to digital instruction in the spring, in the form of refunded room-and-board payments and expensive technology for online courses. Another semester — or year — of online courses could be even worse, especially for universities without large endowments.

For any institution, online instruction also means no money

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Trump says outbreak ‘is under control’; 13 nuns die in Michigan convent; 1B students hit by school closures

President Donald Trump is considering executive action as congressional leaders and White House officials struggle to reach a deal on the next coronavirus relief package.

Trump, in an interview with Axios, defended his administration’s effort to beat back the U.S. outbreak that has shown little signs of easing. 

“They are dying, that’s true,” Trump said. “It is what it is. But that doesn’t mean we aren’t doing everything we can.”

As more schools across the country welcome students back to class this week, some are already temporarily reclosing because of COVID-19 concerns. In Indiana, one school is shutting down two days after an employee tested positive for the virus. In another Indiana school, a student tested positive after the first day back to school.

The United Nations estimates more than 1 billion students worldwide have been affected by school closures. Secretary-General Antonio Guterres said the pandemic has created the largest

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Fauci makes pitch for baseball’s return; ‘Cuomo Chips a hit in New York; jobless claims rise for first time since March

Major League Baseball’s opening day finally arrived Thursday, the virus-shortened season kicking off almost four months late and minus fans in the stands. 

The Washington Nationals, last year’s World Series champs, were hosting the venerable New York Yankees – with the equally venerable Dr. Anthony Fauci, the nation’s leading infectious disease expert, tossing out the ceremonial first pitch.

In New York state, officials had to tighten guidelines for the mandate that bars serve food with their drinks. A handful of “Cuomo Chips” apparently does not meet the requirement. Gov. Andrew Cuomo, having fought off a deadly COVID-19 charge in the spring, is adamant that the state won’t go there again.

Nationally, the daily death toll surpassed 1,000 for the second straight day and hospitalizations were again peaking. The paralyzing coronavirus pandemic, beaten back by New York and a few other states, showed little sign of easing nationwid.

The Johns Hopkins

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For Latinos in the military, Vanessa Guillen’s death hit home. Now, they’re demanding change.

Army Staff Sgt. Raúl Rios folded a U.S. flag in the military’s symbolic triangle to honor slain Army Spec. Vanessa Guillen. He then posted video of the military funeral ritual on social media.

Pam Campos-Palma, a former Air Force counterterrorism intelligence analyst, collected more than 4,000 signatures from service women and veterans in an open letter demanding sweeping change in the military and the shutdown of Fort Hood, Texas, where Guillen served.

Queta Rodríguez, 49, a retired Marine active in the League of United Latin American Citizens (LULAC) in San Antonio, organized a rally demanding justice for Guillen.

Protests and activities that have erupted on behalf of Guillen and her family may seem to some as being motivated by contempt for the military. But there’s been a historic connection between Latinos in the military and calls for equity and civil rights.

The notion that the military could not protect Guillen

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Elon Musk’s net worth just hit $70.5 billion, surpassing Warren Buffett’s. Here’s how the billionaire Tesla and SpaceX CEO went from getting bullied as a child to becoming one of the most successful and controversial men in tech.

Elon Musk.
Elon Musk.

Steve Nesius/Reuters

  • Elon Musk has had a tumultuous yet successful life. 

  • He was bullied as a child but ultimately attended an Ivy League university, going on to become the CEO of two companies, Tesla and SpaceX, and the founder of three more.

  • He’s also been married three times and has triplets and twins. He just had another baby with his girlfriend, the musician Grimes. 

  • But Musk also courts controversy, especially on Twitter. The tech billionaire has been outspoken about the coronavirus crisis, questioning the severity of the outbreak and urging for business to resume.

  • Now, Musk has hit a new milestone: as Tesla’s stock hit an all-time high, Musk’s wealth surged to $70.5 billion.

  • Visit Business Insider’s homepage for more stories.

It seems like there’s nothing Elon Musk can’t do. 

As CEO of SpaceX and Tesla, founder of The Boring Company, and cofounder of OpenAI and Neuralink, Musk

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