The online textbook and homework help company has seen its stock price crater since the pandemic and the rise of ChatGPT.

At its peak in February 2021, Chegg’s stock price reached $113 a share. Shares closed Tuesday at $1.07. AI isn’t a new problem for Chegg. In May 2023, the company’s then-CEO, Dan Rosensweig, said ...

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.

The launch of ChatGPT in November 2022 was perhaps the first sign of trouble for Chegg. Its lawsuit against Google is a sign ...

AI companies promised publishers their AI search engines would send them more readers via referral traffic. New data shows ...

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 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 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 ...

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 ...

Edtech company Chegg has sued Google claiming that the tech giant’s AI summaries of search results have hurt Chegg’s traffic and revenue. In the suit, filed in the U.S. District Court for the ...

Online study and academic help platform Chegg (NYSE:CHGG) will be reporting results tomorrow after market close. Here’s what to look for. Chegg beat analysts’ revenue expectations by 1.9% last ...