The company, once popular among students, said its “strategic” options could include a sale. Chegg blamed Google’s AI summaries for taking away traffic.

YouTube advertisers prefer long-form videos to Shorts; Microsoft tests an ad-supported version of its Office suite; and Chegg sues Google over lost traffic from gen AI search. AdExchanger is where marketers,

If you use Google Search, you’ve no doubt noticed that results now often begin with an “AI Overview.” The pop-up is a major change to one of the world’s most popular tech products; Google surfaces a response to many questions without making you click into other websites.

Chegg Inc. is weighing “strategic alternatives” for its business, saying that traffic to its web-based education platform has been decimated following Google’s launch of an artificial intelligence-powered summary tool.

Online education company Chegg has filed a landmark lawsuit against Google, accusing the tech giant of using AI-generated search summaries to divert traffic away from publishers. The lawsuit, filed Monday,

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

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 reports.

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 sale of the business.

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 District of Columbia,

The online education company has tapped Goldman Sachs as it studies options such as going private or getting acquired.

One company is the educational company Chegg, and it’s suing Google over its AI overviews. Most people know this, but here’s a refresher. Last year, Google released AI Overviews. This is a tool that puts AI-generated overviews of what you searched for on top of its search results.

Chegg is suing Google for that company’s AI-powered search results. The online education company says the scraping of its content is harmful to its business. Investors panicked, with Chegg’s stock losing one-third of its value.