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

Edsurge

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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With No Study Buddies, More College Students Turn to Cheating

Edsurge

Joseph Ching, a junior at Purdue University, says many of his professors have warned students not to use sites like Chegg, where students are posting homework and quiz questions and getting answers from tutors. I reached out to Chegg, and sure enough, business there is booming. Students pay for a subscription of $14.99

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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

It’s got an effective mobile app that really changes the context in how people access language, a critical mass in consumer interest in learning applications and since the pandemic hit, it put edtech into the minds of investors as a real investable category,” says Trace Urdan, an edtech analyst and managing director at Tyton Partners.

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How Merger of Two Textbook Giants Could Impact Course Materials

Edsurge

This is the struggle for the control of the infrastructure we use for digital learning,” said Nicole Allen, director of open education for the Scholarly Publishing and Academic Resources Coalition, or SPARC. The textbook cost $150, and the access code for the accompanying digital system was another $100.

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In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

Edsurge

The textbook company would realize it was under a lot of pressure in regard to enrollment and the digital transformation and conclude that it should buy some companies that looked great from a growth perspective, plug them into the system and scale. Chegg provides, amongst other things, tutoring services.

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Clickers” are definitely not new — indeed, in my research for Teaching Machines , I found examples of classroom response systems dating back to the 1950s. In 2011, the Mozilla Foundation unveiled its “Open Badges Project,” “an effort to make it easy to issue and share digital learning badges across the web.”

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Hack Education Weekly News

Hack Education

Perhaps this should go under the “surveillance” section below, but as the article references gunshot-detection systems, I’m putting it here. ” Via EdWeek’s Market Brief : “Education Company Chegg Acknowledges Data Breach , Puts 40 Million Users on Notice.”