Reuters: Laurene Powell Jobs backs Amplify education company bought from News Corp

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By Liana B. Baker

Laurene Powell Jobs, widow of Apple Inc (AAPL.O) co-founder Steve Jobs, is the lead investor who funded the buyout of News Corp’s (NWSA.O) money losing digital education business Amplify earlier this year.

A representative for Powell Jobs’ organization, the Emerson Collective, confirmed the investment in Amplify but would not specify how much of the company Powell Jobs would own or the amount paid for it.

 

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