Edtech Chegg tumbles as Chat GPT danger prompts income cautioning

CHEGG Vs CHAT GPT

 May 2 (Reuters) - What's the expense of understudies involving Chat GPT for schoolwork? For U.S. training administrations supplier Chegg Inc (CHGG.N), it very well may be almost $1 billion in market valuation.

Chegg flagged the rising fame of viral chatbot Chat GPT was compelling its endorser development and provoked it to suspend its entire year standpoint, sending portions of the organization 47% lower in early exchanging on Tuesday.

"Since Spring, we saw a huge spike in understudy interest in Talk GPT. We presently accept it's affecting our new client development rate," said Chegg President Dan Rosensweig.

There are fears Chegg's center business could become wiped out as buyers explore different avenues regarding free man-made consciousness (simulated intelligence) devices, said investigator Brent Thill at Jefferies, which minimized the stock to "hold".

Last month, the St Nick Clara, California-based firm said it would send off Visit GPT's man-made intelligence fueled Chegg Mate, a review helper customized to understudies' requirements, at a time educators were wrestling with the outcomes of the schoolwork drafting chatbot.

Notwithstanding, examiners said it was muddled if Chegg Mate could be sufficient to counter a stoppage in organization's center business.

"We dread Chegg could begin to lose mind-share before Chegg Mate completely carries out," Thill said.

In the event that misfortunes hold through the meeting, Chegg would lose $994 million in market capitalization.

Portions of Chegg's UK rival Pearson PLC (PSON.L) shed almost 11.5% on Tuesday.

Chegg said it was suspending its entire year viewpoint because of vulnerability of the effect on results and designated second-quarter absolute income between $175 million and $178 million, which missed the mark concerning Money Road assumptions for $186.3 million.

"Chegg needs to roll out huge improvements in a quickly changing climate that is much the same as 'moving in the downpour without getting wet,'" said Arvind Ramnani, examiner at Flautist Sandler.

Detailing by Medha Singh in Bengaluru, extra revealing by Aditya Soni; Altering by Shinjini Ganguli

2023 CHEGG with Strong Earning third Quarter

MAKE WITH US [CHEGG]

In the world of education, Chegg, Inc. (NYSE: CHEGG), the foremost student-centric online learning platform, has just unveiled its financial report for the third quarter ending on September 30, 2023. But there's more to this story than numbers; let's dive into the details.

A Vision for the Future:

Chegg CEO and President, Dan Rosensweig, has set the stage for a compelling future. He emphasized, "Chegg is perfectly positioned to develop a powerful, scalable, AI-driven personal learning assistant. This innovation is our ticket to reach more students in more ways, all while keeping costs in check. We're on the move, already rolling out a new, user-friendly interface and an enhanced asking experience. This translates into quicker and more relevant solutions."

Q3 2023 Highlights:

-Total Net Revenues:

 Clocking in at $157.9 million, albeit with a 4% year-on-year dip.

-Subscription Services Revenues:

Bringing in $139.9 million, a remarkable 89% of the total net revenues, but also showing a 4% year-on-year decrease.

-Gross Margin:

A significant aspect of the financial landscape, it was recorded at 47%. This, however, was influenced by a one-time charge of $38.2 million, related to content and assets.

- Non-GAAP Gross Margin:

 This number is truly striking at 74%.

- Net Loss:

It accounts for $18.3 million, not uncommon in the business world.

-Non-GAAP Net Income:

 Bucking the trend, it shines at $23.2 million.

-Adjusted EBITDA:

Another bright spot in the report, at $38.8 million.

-Subscription Services Subscribers:

The student community, with 4.4 million subscribers, saw an 8% dip year-over-year.

Total net revenues encompass earnings from Subscription Services and Skills and Other. Subscription Services include various offerings such as Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busu. On the other hand, Skills and Other cover various facets like Skills, Advertising, and any other revenues not included in Subscription Services.

Looking Forward to Q4 2023:

The future also looks promising for Chegg in the final quarter of 2023. The expectations are high:

-Total Net Revenues:

 Expected in the range of $185 million to $187 million.

Subscription Services

 Revenues:

Anticipated in the range of $164 million to $166 million.

-Gross Margin:

Projected to be between 73% and 74%.

- Adjusted EBITDA:

 On the horizon, within the range of $62 million to $64 million.

Chegg journey is about enhancing learning, and their financials reflect a company on a mission, working to make education more accessible and effective for students around the world.

DEFEND YOUR HEALTH: [HEPATITIS A] AWARENESSNESS

                                                                   HEPATITIS A

Introduction

Hepatitis A is a viral infection that primarily affects the liver. It's essential to comprehend its symptoms, prevention methods, and modes of transmission to safeguard your health.

Section 1

Symptoms of Hepatitis A

Hepatitis A can manifest with a variety of symptoms, which may include

- Fatigue

- Jaundice (yellowing of the skin and eyes)   

- Abdominal pain

- Dark urine

- Clay-colour stools

In some cases, infected individuals may exhibit no symptoms at all, making early detection challenging.

Section 2 

How Hepatitis A Spreads

Hepatitis A spreads through several means.

1. Fecal-Oral Route

 The virus is present in the feces of infected individuals and can contaminate food, water, or objects. Consumption or contact with these contaminated items can lead to infection.

2. Contaminated Food:

Hepatitis A can be transmitted when infected individuals handle food without proper hand hygiene. Raw or undercooked seafood, shellfish, and raw fruits and vegetables are especially susceptible to contamination.

3. Contaminated Water

 In areas with inadequate sanitation, the virus can enter the water supply, posing a risk to those who drink untreated or improperly treated water.

4. Close Personal Contact

 Hepatitis A can spread through close contact with an infected person, such as living in the same household or engaging in sexual activities.

5. Child Care Settings

Settings with young children in diapers can facilitate transmission, as the virus can be present in improperly disposed of diapers and lead to infections through inadequate handwashing.

Section 3

Prevention Measures:

Preventing Hepatitis A involves two primary approaches    

Hepatitis A Vaccine: Vaccination is the most effective way to protect against the virus, reducing the risk of infection significantly.

 Good Hygiene: Frequent handwashing, especially after using the restroom and before handling food, is crucial in reducing the risk of infection.

Section 4

 High-Risk Groups:

Certain groups are at a higher risk of Hepatitis A infection, including:

- Travelers to regions with a high prevalence of Hepatitis A

- Men who have sex with men

- Individuals with chronic liver disease

Vaccination is particularly important for these individuals to prevent infection.

Section 5

 Treatment and Recovery:  

There's no specific antiviral treatment for Hepatitis A. Most people recover on their own with time, rest, and supportive care. It's important to avoid alcohol during recovery, as it can worsen liver damage.

Conclusion:

In conclusion, Hepatitis A is a preventable disease. Understanding its symptoms, modes of transmission, and prevention measures is crucial for minimizing its impact. Vaccination and proper hygiene are essential tools in the fight against Hepatitis A. Staying informed and taking steps to protect yourself and those around you can help prevent the spread of this contagious virus.

'Unmasking Inequity: Philippines Medical Students' Battle with NMC"

Deciphering the Complexity of NMC's Eligibility Framework: The Ongoing Struggle of Medical Scholars in the Philippines

November 7 (2023)

In November of 2021, the National Medical Commission (NMC) enacted a sweeping 

transformation of eligibility standards for medical scholars who had pursued their

 studies overseas and were seeking to establish their practice in India.

 This monumental shift has 

ignited an enduring and spirited campaign for justice, 

led by the medical scholars in the Philippines, 

alongside their deeply concerned parents.

The Battle for Exemption

A resolute call for an exemption from the supplementary eligibility criteria,

 as mandated by the National Medical Council in 2022, resounds powerfully

 among medical scholars in the Philippines. The recent gathering of parents

 of these students at the illustrious Patrakar Bhavan resonates with their

 profound apprehensions, chiefly concerning the escalating tuition costs 

and the glaring scarcity of opportunities within

 governmental medical institutions.

Scrutinizing the NMC's Provisions

The eligibility overhaul, as introduced by the NMC in November 2021, notably included 

an exemption provision that recognized the academic journey of scholars already 

engrossed in the MD program, analogous to the MBBS degree in the Philippines. 

However, a glaring incongruity emerges as those who embarked on the

 BS degree track during the same period were inexplicably excluded from

 these exemptions.

Vigilant Parental Advocacy

Priyanka Gaikwad, a parent whose offspring is currently pursuing medical studies

 in the Philippines, offers a compelling and illuminating perspective. 

She underscores the pronounced disparity and scrutinizes the assurances 

proffered by the NMC.

 "The BS degree in the Philippines stands as an essential foundational step 

towards achieving the MD status," she articulates. 

"At the time of the gazette's promulgation, our confidence was anchored in

 an NMC telephone assurance that extended exemptions to BS degree candidates.

With that assurance, we committed to this course. Regrettably,

 our students remain ensnared in unfulfilled promises."

Quantifying the Challenge

Per the discerning observations of concerned parents, 

there exist a formidable contingent of roughly 800 students residing

 in Pune and exceeding 25,000 scattered across the nation,

 who are ensnared in this quandary. The stakes are nothing short of daunting,

 for without the coveted exemptions, these diligent students would be compelled to

 endure two additional years of internships and submit to the rigors

 of supplementary examinations. 

This protracted struggle inevitably incurs substantial financial and academic burdens.

Concluding Remarks

This blog has been crafted with the intention of casting a clarifying light on the 

poignant challenges faced by medical scholars in the Philippines, and their parents,

 as they traverse the evolving landscape of medical education and practice within India. 

The pursuit of exemptions from the NMC's stringent eligibility criteria is not a matter 

confined merely to financial considerations; it represents a pivotal juncture in

 facilitating an untroubled transition for these aspiring medical professionals, as they

 endeavor to forge their careers.

Parting Thoughts

In unison, we offer our unwavering support to the cause championed by the students 

and their guardians. We encourage our readers to maintain vigilance over the

 unfolding developments in this ongoing quest for justice within the sphere of

 medical education. It's an issue of profound import, one that affects the 

aspirations and destinies of numerous committed individuals. 

Our commitment to tracking and reporting on the latest advancements remains resolute. 

'Leo' film industry assortment Day 19: Vijay starrer sickens Rs 330 crore in India of Rs 590 crore..

                                                                BLOODY SWEET..

VIJAY'S activity spine chiller film, delivered on October 19, has turned into the quickest Tamil grosser of the year, procuring Rs. 592 crore in the cinema world. arriving at Rs is normal. 600 crore soon. The film is as of now in its third week and will have its computerized debut on November 24. Conversely, 'Leo', delivered 19 days prior, has just made Rs. 2.25 crore in the cinema world. After the Diwali discharges, having a critical diminishing in occupancy is expected. Coordinated by Lokesh KanagaRaj   'Leo' highlights Vijay, Trisha, Sanjay dutt, and others. 

    Leo

The film is crawling towards Rs 600 crore in the cinema world in its last run. The film is moving consistently into its third week in theaters and is supposed to before long beginning with its fourth week, as the film's advanced debut will be made exclusively on November 24.

'Leo' on day 19 of its delivery has made the least ever Rs 2.25 crore in the movies, and the film will before long see a total drop after the Diwali discharges in Tamil that incorporate Jigarthanda.  Twofold X' and 'Japan'.

WAR AND DISEASE. Hepatitis A flare-up closes schools, sends scores to emergency clinic in Ukraine's Vinnytsia

 Oct 29 (Reuters) - Schools will move to a web-based system beginning Monday in Ukraine's focal city of Vinnytsia after a Hepatitis An episode sent scores of youngsters and grown-ups to the medical clinic, the country's boss clean authority said throughout the end of the week

"The most compelling thing presently is to lay out the focal point of the flare-up and the makes all together stop the spread of the viral Hepatitis An among the populace straightaway," Boss Sterile Specialist of Ukraine Ihor Kuzin composed on Facebook on Saturday.

HEPATITIS A

Ukraine minister

UKRAINE SOLDIERS


Kuzin, who likewise fills in as Ukraine's delegate wellbeing priest, said 141 individuals in the city and the district were in a clinic. Vinnytsia, which had a pre-war populace of around 370,000, is the managerial focal point of the Vinnytsia district in focal Ukraine.

As per the U.S. Places for Infectious prevention and Counteraction, Hepatitis A will be an exceptionally infectious, momentary liver disease that can be spread through close private contact or eating polluted food or drink.

Individuals who get Hepatitis A may feel wiped out for half a month to a while however normally recuperate completely - except if they are in a higher gamble bunch or have previous medical issue.

"Up until this point, there is no single reason for the episode," Kuzin said.

"We are examining the focuses of spread and are working with the populace, specifically to lay out a circle of contact people."