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Purdue University prohibits students soliciting answers using Chegg's homework help: "While Chegg can be helpful to access textbooks and more practice problems, using this resource to find assignment answers is considered academic dishonesty because it is a form of copying and plagiarism.". [55]
On 3 June 2014, Chegg announced that it purchased InstaEDU for $30 million in cash, and that it planned to keep the InstaEDU service active as part of the purchase. [6] In 2017, Chegg partnered with Sallie Mae to provide student borrowers access to Chegg Tutors. [7] In late 2020, Chegg announced that Chegg Tutors would be discontinued in 2021.
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The education technology company Chegg, which was a website dedicated to helping students with assignments using a database of collected worksheets and assignments, became one of the most prominent business victims to ChatGPT, with its stock price nearly being cut in half after a quarterly earnings call in May 2023. [16] [17]
Kno, Inc. was a software company that worked with publishers to offer digital textbooks and other educational materials. [1] In November 2013, after raising nearly $100 million in venture capital, the company was acquired by Intel.
Acquired by Chegg Cramster.com was an educational technology website that provided online homework and textbook help for college and high school students in areas such as math , science , engineering , humanities , business , and writing. [ 1 ]
Notehall is an online marketplace, in which college students can buy and sell class notes. [1] Notehall gained recognition after appearing on the ABC reality show Shark Tank in October 2009. It has since been purchased by Chegg, a textbook-rental company, for $3.7M in equity and undisclosed cash. Notehall.com was later integrated into the Chegg ...
Chegg stock was a pandemic darling stock of sorts as education moved online and the company thrived, sending the stock to an all-time high of $113 per share in early 2021.