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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

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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 It is expected to close in the fourth quarter.

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Now With a ‘Sizable Cash Hoard’ of $1 Billion, What Might Chegg Buy?

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Chegg , a publicly-traded provider of textbook rentals and online student services, has closed a $700 million convertible note offering that, after taking expenses into consideration, should give the company an additional $682.7 A Chegg spokesman declined to comment or share additional details. million in cash. million in equity ).

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

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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. on the close of Aug.

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Cheating on Chegg? Maybe Not on Its Tutoring Platform

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That’s an example of a request that can be found on online tutoring services like Chegg, as shared by a senior data scientist at the company, Sanghamitra Deb. Yet this is the kind of “help” that Chegg’s tutoring service can sometimes be used for. So to flag such ethically dubious requests, the company uses machine learning.

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K-12 Dealmaking: Chegg Acquires Easy Solutions; Age of Learning Raises $150 Million

Marketplace K-12

The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. In addition, several companies, including Age of Learning, CodeCombat and GotIt!, based Chegg said in a statement. Age of Learning Raises $150 Million at $1 Billion Valuation: The Glendale, Calif.-based

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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.” 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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Top EdSurge Higher Education Stories of 2021

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The year 2021 pushed us all to learn new lessons in unexpected ways, from deciphering public health statistics about vaccines and masks to refreshing our memory for the Greek alphabet thanks to emerging COVID-19 variants. Flipped Learning Can Be a Key to Transforming Teaching and Learning Post-Pandemic. Top 10 Countdown 10.

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