While Chegg beat analyst expectations for the first quarter of the year, it also raised a warning that didn’t fall on deaf ears.
AI might be the least of edtech’s worries by Anna Heim originally published on TechCrunch
The Federal Trade Commission has accused U.S. education technology giant Chegg of “careless” cybersecurity practices that led to the exposure of sensitive information about tens of millions of its customers and employees. In a legal complaint filed on Monday, the FTC accuses Chegg — which provides digital and physical textbook rentals and online tutoring — […]
FTC schools edtech giant Chegg over ‘careless’ cybersecurity practices by Carly Page originally published on TechCrunch
Busuu, headquartered in London, has just entered into an agreement to be acquired by Chegg, a US-based edtech company, for €385 million in a move that will supercharge the company’s mission to empower people through languages. Founded in 2008, Busuu was created with a pioneering vision of integrating language learning into a social network – […]
The post Busuu, the London-based language learning community has just been acquired by Chegg for €385 million appeared first on EU-Startups.
Chegg, the NYSE listed student media learning platform is acquiring Busuu, the online language learning startup established in Europe in 2008, for approximately $436 million (€385 million) in an all-cash transaction. At its exit Busuu had raised only $16.1m in total, a tiny amount even I in European terms, and testament to the sheer grit […]
To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several decades. He was the first hire on the investment team of Formation 8, the VC firm co-founded by Palantir’s Joe Lonsdale. After iFly.vc backed Weee! […]
Similar to how telehealth faced declines as patients returned to in-person care, edtech will face similar drops as schools become a safer option for students and teachers.
