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Edtech company Chegg has sued Google claiming that the tech giant's AI summaries of search results have hurt Chegg's traffic and revenue.
Chegg on Monday filed suit in federal district court against Google, claiming that AI summaries of search results have hurt the online education company's traffic and revenue. Chegg has engaged Goldman Sachs to consider strategic options, including acquisitions and going private.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the quarter and year ended December 31, 2024. "We made two important and connected decisions to maximize the future of our business and shareholder value. We are launching a strategic review process and filed a complaint against Google, which has unjustly retained traffic that has historically come to Chegg, impacting our acquisitions, revenu.
Besides Wall Street's top -and-bottom-line estimates for Chegg (CHGG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Fifth paragraph of release dated January 29, 2025: Student Minds has been removed from the list of non-profits and organizations Chegg has partnered with for this year's Global Student Mental Health Week. The updated release reads: IN IT TOGETHER: CHEGG PARTNERS WITH ORGANIZATIONS AROUND THE WORLD FOR THIRD ANNUAL GLOBAL STUDENT MENTAL HEALTH WEEK Initiative aims to normalize mental health conversations and empower students Chegg, Inc. (NYSE: CHGG) today an.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG) today announced its third annual Global Student Mental Health Week will take place February 24 to March 2. Partnering with leading global nonprofits, higher education institutions, influencers, and more, this year's initiative centers on the theme of “In It Together,” emphasizing the power of support networks and shared experiences. Global Student Mental Health Week aims to empower college students to prioritize their mental health.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg's (NYSE: CHGG) 2025 Global Student Survey found that although four in five (80%) students worldwide have used GenAI to support their university studies, trust remains an issue. Among those who have used the technology to support their studies, 53% express concern about receiving incorrect or inaccurate information – making it the top concern globally, up from 47% in 2023. Accuracy is also a key barrier for 38% of students who have not used GenAI to su.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Monday, February 24, 2025, after market close for the fourth quarter of 2024, which ended on December 31, 2024. Chegg will host a conference call to discuss the fourth quarter and full year financial results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day. To access the call, please dial 1-877.
Investors need to pay close attention to Chegg (CHGG) stock based on the movements in the options market lately.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Tuesday, November 12, 2024, after market close for the third quarter of 2024, which ended on September 30, 2024. Chegg will host a conference call to discuss the third-quarter financial results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day. To access the call, please dial 1-877-407-4018 or o.