This news story made me laugh out loud, but it is not a funny story. Nobody has a billion dollars to waste these days, particularly school districts.
The part I laugh about is this comment by a student--presumably one of the 650,000 students given an iPad by the school district and is probably also one of the students using their iPad to play games during school: "They kind of should have known this would happen," said Maria Aguilera, a student at one of the schools where games briefly replaced academia. "We're high school students after all. I mean, come on."
Oh yes, let's hope the school district withdraws the iPads until they can get a working plan together which takes full advantage of the educational opportunities in the technology. And, I really hope the school district did not pay full price for those iPads, which is where I suspect the author of the article got the figure of $1 billion.