The company, once popular among students, said its “strategic” options could include a sale. Chegg blamed Google’s AI ...
Chegg has filed a federal antitrust lawsuit against Google – alleging that the company’s use of AI-generated summaries in search engine results has crushed its website traffic and revenue.
Chegg is suing Google parent Alphabet over claims the search engine’s artificial intelligence summary tool has hit its revenues, leading the US-listed educational technology group to weigh up a ...
Online education company Chegg filed a lawsuit on February 24th against Google claiming that the company’s AI-generated summaries of search results have hurt its traffic and revenue, Reuters ...
David Longo, Chegg's Chief Financial Officer, added, "We expect the restructuring will result in non-GAAP expense savings for 2025 of $40 million - $50 million. For 2025, we remain committed to ...
Chegg reported Q4 2024 earnings per share (EPS) of $0.17, matching analyst estimates. Revenue reached $143.5 million, exceeding analyst expectations of $142 million but falling short of the ...
Chegg's decline began post-2020 due to return to office and education institutions, but particularly accelerated in 2022 and 2023 courtesy AI. Since ChatGPT's introduction, Chegg lost over half a ...
Online education company Chegg has filed a lawsuit against Google, accusing the tech giant of using its AI-generated search overviews to undermine publishers and reduce demand for original content.
As of 1:14:18 PM EDT. Market Open. HOBOKEN, N.J., March 11, 2025--Chegg, a leading student-first online learning platform, announced today a $50,000 donation to Stevens Institute of Technology’s ...
Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the online education company's traffic and revenue.
Chegg (NYSE:CHGG), a provider of educational technology and services, released its Q4 2024 earnings on Feb. 24, 2025. The report highlights a period of transition, with revenue slightly beating ...