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WeWork logo. Photo: MANDEL NGAN/AFP/Getty Images

WeWork has taken an additional step in expanding its education arm by acquiring MissionU, a one-year vocational bootcamp that teaches students a variety of skills so they can land a well-paying job.

Bigger picture: This acquisition is part of WeWork's larger education ambitions. Last year it unveiled WeGrow, which MissionU founder Adam Braun is joining as COO, a new undertaking to open an elementary school inspired by approaches like the Montessori system. WeWork has also acquired a coding bootcamp, New York City-based Flatiron School, though it's not part of WeGrow.

The intrigue: WeWork isn't disclosing a price, but it's an all-stock deal, according to a source. MissionU has raised $11.5 million in total funding from investors like FirstMark Capital, Floodgate, BoxGroup, Learn Capital, First Round Capital and John Doerr.

Go deeper

Biden Cabinet confirmation schedule: When to watch hearings

Joe Biden and Kamala Harris on Jan. 16 in Wilmington, Delaware. Photo: Angela Weiss/AFP via Getty Images

The first hearings for President-elect Joe Biden's Cabinet nominations begin on Tuesday, with testimony from his picks to lead the departments of State, Homeland and Defense.

Why it matters: It's been a slow start for a process that usually takes place days or weeks earlier for incoming presidents. The first slate of nominees will appear on Tuesday before a Republican-controlled Senate, but that will change once the new Democratic senators-elect from Georgia are sworn in.

Kamala Harris resigns from Senate seat ahead of inauguration

Vice President-elect Kamala Harris. Photo: Mason Trinca/Getty Images

Vice President-elect Kamala Harris submitted her resignation from her seat in the U.S. Senate on Monday, two days before she will be sworn into her new role.

What's next: California Gov. Gavin Newsom has selected California Secretary of State Alex Padilla to serve out the rest of Harris' term, which ends in 2022.

4 hours ago - World

Putin foe Navalny to be detained for 30 days after returning to Moscow

Russian opposition leader Alexey Navalny. Photo: Oleg Nikishin/Epsilon/Getty Images

Russian opposition leader Alexey Navalny has been ordered to remain in pre-trial detention for 30 days, following his arrest upon returning to Russia on Sunday for the first time since a failed assassination attempt last year.

Why it matters: The detention of Navalny, an anti-corruption activist and the most prominent domestic critic of Russian President Vladimir Putin, has already set off a chorus of condemnations from leaders in Europe and the U.S.

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