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    TINDER RESULTS

    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.

    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.

    Fall in love: Is online dating getting outdated?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.

    CNN unveils 'Columbia,’ ‘TinderBox’, ‘Spy Wars’ at Warner Bros. Discovery upfront. All details

    CNN has come up with three new non-fiction series, "TinderBox: Great Moments in Pop Culture," "Columbia: The Final Flight," and "Spy Wars" at the Warner Bros. Discovery upfront event.

    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.

    Shopify to lay off 20% of its workforce, beats quarterly revenue estimates

    The company posted revenue of $1.51 billion in the quarter ended March 31, compared with analysts' estimate of $1.43 billion, according to Refinitiv data.

    The Economic Times
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