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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

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For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. While COVID-19 hit at the tail end of the first quarter, some publicly traded education companies already reported an impact on their Q1 2020 earnings. 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. Even so, Ramirez described the edtech environment as “extremely challenging.”

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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.

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

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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. Byju’s is the newest member—thanks to an investment from technology investment firm Bond, which values the company at $10.5

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

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Cheating on Chegg? How the Company Aims to Catch Tutoring Requests That Go Too Far. 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. Here’s a look at how the education company is responding. What’s Next for Pearson?

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Springboard Raises $11 Million to Expand Mentor-Driven Coding Bootcamps

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The San Francisco-based company has plans to reach more learners now that it’s raised an $11 million post-Series A financing round. Pearson Ventures, International Finance Corp., In a statement Monday, Pearson announced its $2.2 In a statement Monday, Pearson announced its $2.2 Reach Capital led the round.

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