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

Edsurge

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

Edsurge

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.”

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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

Edsurge

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. As such, it is difficult to predict how much, if any, of Chegg's first half momentum will continue.”

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

Edsurge

Pearson Ventures, International Finance Corp., In a statement Monday, Pearson announced its $2.2 As part of Pearson Ventures’ first investments, it also gave $2 million to Knowledge to Practice, a Bethesda, Md. Bootcamps have been acquisition targets as well, with Chegg scooping up Thinkful and 2U buying Trilogy.

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

Edsurge

Cheating on Chegg? 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. What’s Next for Pearson? The digital era has rocked the once-steady foundation for education kingmakers like Pearson. Not Buying Your Education Startup.).

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

Edsurge

Over the years, Byju’s has acquired several assets to shore up its offerings, including Edurite and TutorVista, from Pearson in 2017. Chegg, which offers online homework help and other support services for students, has seen its stock soar since the pandemic. Last year, it paid $120 million to purchase Osmo , a Palo Alto, Calif.-based

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