BUMBLE RESULTS
Nitish Kumar's bumbles at PM's rally, detractors question his mental health
In one of these, Kumar appeared to bend towards the PM's feet with arms outstretched, before greeting him with folded hands. In another clip, of his brief speech, Kumar can be heard wishing "4,000 plus (char hazar se zyada)" seats for the NDA, to which he returned a few months ago.
Wall St eases as investors brace for inflation data
Evidence of sticky inflation, a robust U.S. economy and pushback from some Fed officials have already led traders to delay bets of the first interest rate cut to June from March.
Bumble falls 5% as CEO signals need for app revamp after poor earnings
Bumble shares fell about 5% on Wednesday after its downbeat quarterly revenue forecast underscored the need for a revamp of the dating-app experience to attract newer generations seeking companionship.
Hollywood icon Ryan O'Neal, who starred in 'Love Story', 'Paper Moon', passes away at 82
The news was confirmed by his son, Patrick O'Neal, who shared that his father died peacefully with loved ones by his side.
Instagram's algorithm offers child-sexualising reels to followers of teen influencers: Report
Instagram's algorithm, which shows reels as per the users' interest, has offered sexually explicit content, including provocative footage of children as well as overtly sexual adult videos and advertisements for some of the biggest American brands.
Bumble shares drop as founder Whitney Wolfe Herd to relinquish CEO role
This is the second big executive departure this year at Bumble following the exit of president Tariq Shaukat, who stepped down after three years in the role.
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Tinder-owner Match issues dour forecast; shares tumble
To revive growth in its main apps and counter the threat from Bumble, Match has rolled out several new features, including weekly subscription plans and new engagement and privacy features across Tinder and Hinge.
Mingle offline: Is online dating getting outdated?
Is online dating getting outdated? Six popular dating apps, including Tinder, Aisle, Truly Madly and OkCupid, have seen a drop in monthly active users in India
Fall in love: Is online dating getting outdated?
Some of the users, frustrated with their experience on dating apps, are moving toward offline events like singles’ mixers, and a few of them are organised by dating apps like Tinder and Truly Madly. These events address two major limitations of dating apps: gender ratio and a person's intent. “In India, 90% of active users on dating platforms are men. This is problematic for both genders as men are swiping and not getting enough matches and women are getting too many matches and getting bombarded by creepy messages,” says a founder of an offline.
Is snoozing the new ghosting?
A growing trend in the dating world called "snooze dating" is causing people to temporarily pause conversations with potential matches. A survey by dating app happn found that 39% of 18-25 year olds snooze conversations due to time constraints, while 43% forget to respond.
Shuddh Desi Romance: Homegrown dating apps swipe right on the Indian market
Then there's Ador, which enables singles to connect with people who share the similar passions, interests, hobbies. The app has over 70,000 downloads on Play Store and allows users to find the perfect match in their localities based on mutual passions and interests using its search technology and proprietary algorithm.
ED to tap lenders for info in Byju's probe; Pine Labs pauses IPO plan for now
The Enforcement Directorate (ED), days after probing premises linked to Byju’s for alleged Foreign Exchange Management Act (FEMA) compliance issues, is planning to approach its lenders to seek more details on the edtech major's funding and loan transactions. This and more in today’s ETtech Morning Dispatch.
Google permits alternative billing system, but developers cry foul; Uber looks to partner with private taxi operators
Complying with Competition Commission of India (CCI) directives, Google is bringing about a change in its ‘Google Play payment policy’. The change permits an alternative billing system for users making in-app purchases on mobile phones and tablets, alongside Google Play's billing system.
US stock market: Wall Street finishes topsy-turvy day higher, S&P snaps losing run
Helping provide confidence to buyers, Nvidia Corp posted positive earnings and surged 14% after forecasting quarterly sales above estimates and reporting a surge in the use of its chips to power artificial intelligence services.
Bumble banks on India as a major growing market
Austin, Texas-based Bumble Inc, which is the parent company of apps like Bumble, Badoo, and Fruitz, posted a net loss of $159.2 million in the fourth quarter as opposed to a net loss of $13.9 million during the same period last year.
Bumble positive on 2023 as user growth defies economic gloom
The owner of the app where women make the first move has in recent months benefited from a pullback in the U.S. dollar and new features such as "Compliments", which allows users to engage with each other before they decide to connect by sending a note.
'Ghosting', 'Cuffing' & 'Rizz': A guide to top modern dating terms that you'll need to know
The fact that more people are meeting online creates an "abundance of options," said a California-based psychotherapist.
Shraddha murder: Accused Aaftab Poonawalla moves Delhi court for bail
As all the recovered body parts are decomposed, it is very difficult to get any significant result from the autopsy, said an official, adding that a portion of jaw or a fragment of skull recovered may help investigators in determining the time of death by the carbon dating process. Meanwhile, Delhi L-G V.K. Saxena has approved a proposal of Delhi Police for appointment of Special Public Prosecutors, Madhukar Pandey and Amit Prasad, Advocates, to represent the state in the Shraddha Walkar murder case.
Shraddha Murder Case: Aftab Amin Poonawalla inspired by crime shows, wanted to kill her a week before
"I was scared as I knew that if I dumped the body somewhere, I might be caught. I browsed Google all night to search for ways to dispose of the body and not arouse any suspicion. I also searched the internet on what kind of chopper would I have to use to piece the body," the Delhi Police source quoted Aftab as saying.
Has COVID-19 impacted adult friendships?
According to Bumble's research, 43 per cent of surveyed Indian adults said that COVID had a negative effect on their intimate ties. Comparatively, just 18 per cent of people reported good effects. The loss of adult friendships is profound, whether it is due to falling out or simply losing contact with friends.
New Indian 'sex startups' challenge old taboos
MyMuse, founded by Anushka and Sahil Gupta, are tackling this with tongue-in-cheek marketing and creative euphemisms, which they say make the products seem less intimidating and encourage first-time buyers.
'Is your company better than being alone?' Why daters are taking it slow in fast-moving pandemic
Looking for love demands a little more discernment in the age of Covid.
Despite Covid, Bangalore helps Tesco engineer a success story
Online sales went up by 82%, while in-store sales rose 40% - meaning that it went from processing about 600,000 orders a week to 1.5 million, all within a few weeks.
Two new books throw light on Nehru’s ‘indulgent’ approach towards China
Bhasin’s latest book, “Nehru, Tibet and China” using official documents, shows the bumbling and naivete that accompanied Indian policymaking on Tibet and China in the run-up to 1962.
Coupang surges to over $100 billion valuation after $4.6 billion IPO
Coupang share price soared 81% to open at $63.50 apiece on the NYSE. This after South Korea's largest e-commerce firm sold 130 million shares at $35 apiece in the biggest US IPO so far this year.
Coupang raises $4.6 billion in biggest US IPO so far this year
Coupang had priced 130 million shares sold in the IPO at $35 apiece, higher than the marketing range $32-$34 per share, giving the Seoul-headquartered e-commerce giant a market cap of $60 billion.
S&P 500 hits record peak as stocks post weekly gain
The major indices traded in a tight range during the week in which investors rotated out of growth-oriented stocks that have dominated an almost year-long rally and bought cyclical and under-priced value stocks.
Before you swipe right, be wary of the information you share
A survey found that 40% of people were okay sharing personal details with someone they had just met through a dating app.
WeWork to weigh $1.9 billion deal for control of India unit
WeWork, founded in 2010 and last valued at $47 billion, pioneered the concept of shared work spaces, expanding to 425 office locations in 36 countries.
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