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There’s a big public breakup underway: People are dumping their dating apps. Over the past year, Bumble lost nearly 9% of its paying users, the company reported in its earnings report last month. Match Group, meanwhile, saw about 5% of paying users abandon its flagship apps, including Tinder and Bumble, during the same period.
“The companies haven’t innovated to keep products up to date with what current users are looking for and therefore they’ve seen a lot of weakness with Gen Z specifically,” said Natha
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The Information
OpenAI's Sam Altman sparked fears of an AI bubble. Business leaders like Bill Gates, Mark Cuban, and Jensen Huang disagree over whether one exists. Read more ›
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Business Insider spoke with Houlihan Lokey's CEO about how he plans to ride the M&A rebound and the firm's recent hiring spree for managing directors. Read more ›
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America's oldest workers keep clocking in — many despite health issues and disabilities. And some can't afford to retire. We talked to nearly 200. Read more ›
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Black Friday has become the time to buy the hottest tech of the year. Whether you're shopping for yourself or stocking up on gifts for the holidays, Black Friday deals are sure to bring the best prices of the year to things like headphones, game consoles, robot vacuums, phone accessories and everything in between. You don't even have to wait until Black Friday proper to save a ton of money.... Read more ›
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The Information
Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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About half of subscribers to The Information who responded to our latest survey said they bought or sold cryptocurrency, crypto exchange-traded funds or crypto treasury stocks in the past three months. Notably, more of our readers are buying than selling: 47% of all respondents said they bought crypto or something related in the past three months, while just 25% said they sold. The survey’s findings are based on 528 responses. Read more ›
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Treasury Secretary Scott Bessent said Sunday that President Donald Trump and China’s leader, Xi Jinping, could this week “consummate” a long-anticipated deal to keep TikTok operating in the U.S., as the leaders prepare to meet Thursday in South Korea. President Trump recently ... Read more ›
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SoftBank is set to complete its $30 billion investment in OpenAI, after its board approved a $22.5 billion second installment on the deal, The Information reported. The remainder of its investment is contingent on OpenAI’s corporate restructuring, which would pave the way for a public offering ... Read more ›
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Payments tech giant Fiserv’s stock collapsed 45% on Wednesday morning after the company slashed its revenue growth outlook for 2025 and announced a management shakeup. Fiserv, whose Clover payments service competes with companies such as Square, reported 1% revenue growth for the third quarter ... Read more ›
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Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to win giant Pentagon contracts. Investors big and small are unperturbed, lining up to back the fast-growing seller of drones, missiles and border surveillance towers. The company appears to be the most coveted stock in the private markets, with small investors on the secondary market willing to pay nearly... Read more ›
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Microsoft last year got more aggressive about getting people to pay up for artificial intelligence features in its Office productivity suite, such as those that draft emails or summarize documents. It began including AI features by default and raising the baseline price of Office for individual consumers by 30%. The maneuver paid off, as revenue from that business line has been growing at its fastest rate in years. Read more ›
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Netflix’s quarterly earnings reports have lately lacked the drama that once made the updates a must-watch for investors and reporters. For the past eight quarters, the video streamer has routinely posted quarterly revenue growth averaging around 15%—hardly hypergrowth but a big improvement on the 2% to 4% growth rate it recorded between late 2022 and late 2023. Nowadays the results are so predictable that it would be easy to tune... Read more ›
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A memo from California’s attorney general suggested that Elon Musk’s federal lawsuit against OpenAI will be unaffected by the artificial intelligence startup’s restructuring. But now that the restructuring has occurred, it may be hard to unwind the change even if Musk wins. Both the attorneys ... Read more ›
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Travel software firm Navan, which weathered a pandemic, name change and government shutdown on its path to an initial public offering, had a disappointing start as a public company. Shares fell 20% on the first day. Its earliest investors still made big gains on paper though. Investor Oren Zeev and his affiliated funds, which invested $150 million starting with Navan’s seed round in 2015, had about a $1 billion stake... Read more ›
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Most popular sources
Business Insider
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23% 2 |
Wired
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10% 0 |
Gizmodo
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9% 4 |
Vox
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9% 7 |
Ars Technica
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8% 4 |
| View sources » | |
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01.11.2025 07:57
Last update: 07:50 EDT.
News rating updated: 13:51.
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