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MIT and Harvard have teamed up to offer MOOCs, and this month Stanford, Princeton, U of PA, U of MI have created a new commercial company, Coursera, with $16 million in venture capital.

This goes with the recent buzz on our Moocs. Here's the NYTimes article on the formation of heavy-hitter Moocs. It appears the Harvard MIT collaborative is also a research project on how people learn online, which could be interesting.

For the first time, a reputable institution, the Georgia Institute of Technology, will off a master's degree in computer science through MOOCs for a fraction of the on-campus cost, a first for an elite institution. If it even approaches its goal of drawing thousands of students, it could signal a change to the landscape of higher education.

Interesting NY Times article on a new direction for MOOCs.