Edsurge
SEPTEMBER 4, 2019
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.
Edsurge
FEBRUARY 26, 2018
In Pearson’s 2017 full-year results report , the publisher stated that “we have concluded the strategic review of our US K12 courseware business and have classified the business as held for sale.” In July 2017, it sold a 22 percent stake in Penguin Random House for about $1 billion. (It billion) in 2017. “It
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Edsurge
JUNE 30, 2020
Bond was founded by Mary Meeker, a former partner at Kleiner Perkins whose annual “Internet Trends” reports have become a must-read for the technology industry. The previous sponsor, whose contract Byju’s assumed, agreed to pay a reported $162 million for a five-year deal ending in March 2022. The highest-valued private U.S.
Edsurge
DECEMBER 28, 2018
Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help. In 2016, the company reported its largest loss in its history, down $3.3 How the Company Aims to Catch Tutoring Requests That Go Too Far.
Edsurge
JUNE 22, 2017
Filed June 21, the lawsuit follows unsuccessful negotiations between the publishers and Follett to adopt a set of best practices to identify and eliminate counterfeit sales, Inside Higher Ed reports. Other textbook distributors, including Chegg, Inc. It's unfortunate these publishers don’t agree with that approach,” he said.
Edsurge
MAY 30, 2018
Fast Company, which broke the story , reported that the acquisition was an all-stock deal. billion round, led by Softbank, which valued the office-sharing startup at $20 billion in August 2017. million Series A round in 2017. At first glance, it would seems so, based on the $4 million of stock that was part of the deal.
Hack Education
APRIL 14, 2017
. “Researchers say removal of an IRS tool for financial aid applicants may have slowed FAFSA submissions, while college aid groups warn that affected students could already be losing out on aid,” Inside Higher Ed reports. ” Sante Fe University of Art and Design will close at the end of the 2017–2018 school year.
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