Google Hit With Lawsuit Over Its Loathsome AI Overviews [Yahoo! Finance]
Chegg, Inc. (CHGG)
Last chegg, inc. earnings: 2/10 04:05 pm
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investor.chegg.com/overview/default.aspx
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Source: Yahoo! Finance
In a lawsuit filed Monday, Chegg accused the tech giant of abusing its monopoly of the search engine market to pressure websites like itself into letting its content be scraped by Google's AI tools for free. The advent of AI Overviews, the company says, has turned Google from a "search engine" into an "answer engine." And the upshot, per the lawsuit, is that by summarizing its material in the AI-powered search summaries, Google is diverting traffic away from Chegg's website and hurting its bottom line. The foundering California-based tech company laid off hundreds of employees last year , suffering a 24 percent decline in year-over-year net revenue, according to a recent company statement , with its stock barely trading above one dollar. "Our law
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CHGG
News
- Chegg Launches New Create Functionality to Offer Personalized, AI-Powered Study Tools [Yahoo! Finance]Yahoo! Finance
- Chegg Launches New Create Functionality to Offer Personalized, AI-Powered Study ToolsBusiness Wire
- Chegg, Inc. (NYSE: CHGG) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Consumer Subscription Stocks Q4 Recap: Benchmarking Chegg (NYSE:CHGG) [Yahoo! Finance]Yahoo! Finance
- Chegg, Inc. to Announce First Quarter 2025 Financial ResultsBusiness Wire
CHGG
Earnings
- 2/24/25 - Beat
CHGG
Sec Filings
- 4/17/25 - Form 4/A
- 4/17/25 - Form 4/A
- 4/17/25 - Form ARS
- CHGG's page on the SEC website