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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. The company has also begun partnering with other companies such as Pearson and Microsoft. The acquisition by Chegg is the kind of outcome that entrepreneurs and investors have long hoped to see in the edtech world.

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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 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.” It still retains a 25 percent holding.)

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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

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“Many schools, parents and students are realizing that you can’t just press a button and learn.” Chegg The bottom line: Chegg’s first quarter delighted investors. Fueling that growth is Chegg Services, which brought in just over $100 million in revenue last quarter, a 33 percent increase over Q1 2019. at Tuesday’s close.

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

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He spent about three months of 2019 learning to design programs. Pearson Ventures, International Finance Corp., Costanoa Ventures, Learn Capital and Blue Fog Capital participated. In a statement Monday, Pearson announced its $2.2 Reach Capital led the round. The skills gap is by no means limited to tech,” says Tambay, 37.

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

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Byju’s claims its online learning app, which offers instructional videos, live classes and practice questions, is now used by more than 57 million students. Over the years, Byju’s has acquired several assets to shore up its offerings, including Edurite and TutorVista, from Pearson in 2017. The highest-valued private U.S.

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?Major Publishers Dismiss Lawsuit Against Follett Corporation

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But up until last week, three of those publishers—Pearson Education, McGraw-Hill Education and Cengage Learning—were suing Follett over alleged counterfeit sales. Booksellers who have taken those steps already include Barnes & Noble Education, Chegg, Inc., Ingram Book Group, MBS Textbook Exchange and Valore.