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Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, ...
Osman Rashid (born 1970) is a Pakistani American businessman in Silicon Valley, California. He has worked in enterprise software and consumer products. He was co-founder and CEO of three companies, an online textbook rental and student hub Chegg, remaining involved in it until early 2010 after growing the company from its inception in 2005. [1]
Most notably, § 201(b) prohibits the receipt of bribes, and § 201(c) prohibits the receipt of unlawful gratuities, by federal public officials. Lesser used statutes include conspiracy to defraud the United States (enacted 1867) [6] and the Foreign Corrupt Practices Act (FCPA) (enacted 1977). [7]
Chegg stock has lost nearly 70% over the last year and has been roughly cut in half in 2024. From its peak in 2021, the stock is down over 95%. Since the launch of ChatGPT in late 2022 the company ...
Corrupt and Inefficient Government, but Iffy Support for DOGE. Last year, Pew Research polling found that 56 percent of Americans say government is "almost always wasteful and inefficient."
As of 2025, the United States scores 65 on a scale from 0 ("highly corrupt") to 100 ("very clean") according to Transparency International's 2024 Corruption Perceptions Index. When ranked by score, the United States ranks 28th among the 180 countries in the index, where the country ranked first is perceived to have the most honest public sector.
Elon Musk looks on, in the Oval Office of the White House in Washington, D.C., U.S. - Kevin Lamarque/Reuters
Chegg Tutors was founded in 2011 as InstaEDU and launched into public beta in May 2012. At that time, the company also announced that it had raised $1.1M in venture capital funding from The Social+Capital Partnership. [2] Two of the company's co-founders had previously run an in-home tutoring company called Cardinal Scholars.