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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

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Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 Both companies’ boards of directors have approved the deal.

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Chegg A Great Website and App to Rent eTextbooks and Access Homework Help Resources

Educational Technology and Mobile Learning

Chegg is an educational website and app that offers academic help for students in various school subjects. More specifically, Chegg offers three main services: Chegg Study , textbook rentals, and.read more.

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More Students Are Using Chegg to Cheat. Is the Company Doing Enough to Stop It?

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The biggest facilitator appears to be Chegg, which has become synonymous with cheating. A recent investigation by Forbes magazine called Chegg a “superspreader” of cheating; a majority of the 52 students it interviewed said they used it for that purpose.

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Now With a ‘Sizable Cash Hoard’ of $1 Billion, What Might Chegg Buy?

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Chegg , a publicly-traded provider of textbook rentals and online student services, has closed a $700 million convertible note offering that, after taking expenses into consideration, should give the company an additional $682.7 A Chegg spokesman declined to comment or share additional details. million in cash. million in equity ).

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Will ChatGPT Make Students Turn Away From Homework-Help Services?

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The homework-help business — led by giants like Chegg and Course Hero — has long been both profitable and controversial. The popularity of Chegg’s subscription service even became a verb: “Chegging.” I think that's a naively optimistic take,” Hill says of the notion that AI will help rather than hurt Chegg. “[But]

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Cheating on Chegg? Maybe Not on Its Tutoring Platform

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That’s an example of a request that can be found on online tutoring services like Chegg, as shared by a senior data scientist at the company, Sanghamitra Deb. Yet this is the kind of “help” that Chegg’s tutoring service can sometimes be used for. But Chegg doesn’t take action against the person making the request.

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Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

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Chegg The numbers: For the second quarter, ended June 30, Chegg reported an adjusted EBITDA of $31.1 Later this year, Chegg will start testing a bundled product that includes its Study, Math Solver and EasyBib Plus products for a substantial subscription discount, fully deploying the bundle in 2020. Chegg now has about $1.1

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