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Pearson Files Lawsuit Against Ed-tech Company Chegg, Alleging Improper Lifting of Content

Marketplace K-12

Textbook publishing giant Pearson Education has filed suit against education technology company Chegg, saying the online homework help provider infringed on its copyright. The post Pearson Files Lawsuit Against Ed-tech Company Chegg, Alleging Improper Lifting of Content appeared first on Market Brief.

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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

Edsurge

It’s often said that education is counter-cyclical to the market, especially during times of economic downturns. But not all sectors of the market follow that rule, says Jeff Silber, a managing director at BMO Capital Markets who follows the education industry. Chegg The bottom line: Chegg’s first quarter delighted investors.

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Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

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Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. Educators have appreciated their work. Ramireze said.

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Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

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Last May, major textbook publisher Pearson indicated it was mulling a sale of the U.S. In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. If concluded, the sale would mark yet another major asset that Pearson has shed since John Fallon took over as CEO in 2013. and the U.K.”

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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

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While not quite the “Year of the MOOC,” 2018 saw a resurgence in interest around the ways these massive open online courses are delivering free (and more often these days, not free) online education around the world, and how these providers are increasingly turning to traditional institutions of learning. Cheating on Chegg?

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Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

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As origin stories go, the founding of Blackboard twenty years ago lacked that single light bulb moment that tech companies like to tell. Here are some lessons I learned about what makes the higher education market unique. The winner of the LMS market would be the company with the most widely adopted platform.

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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

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Indian online education startup Byju’s, which already reached the billion-dollar valuation from private investors in 2018, can now claim a new distinction: “decacorn.” That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights.

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