Category: Outlets – Tech Crunch
A Third of Bumble’s Texas Workforce Moves out After ‘Heartbeat Act’
TECH CRUNCH – A third of Bumble's Texas workforce moved out of the state after the passage of the 'Heartbeat Act' abortion bill. The company supports remote work and has joined a lawsuit against the Texas abortion law, citing its impact on business and talent retention. Bumble has also enhanced healthcare benefits to cover reproductive rights.
Twitter’s Former Head of Trust & Safety, Yoel Roth, Joins Match Group
Bumble Cuts ~350 Employees
Dating App Downloads Are Slowing Down
Dating App Blush Launches With $7M in Funding
TECH CRUNCH – Invite-only dating app Blush has raised $7M in seed funding to scale and expand its platform. Founded in Oct 2023 by Matthew Alfin, Blush is currently operational in LA and plans to extend to cities like Miami, New York, Chicago, and Austin. It matches users based on shared favorite local venues, aiming to make online dating more personal and connected to real-life experiences. Blush also hosts private community events for members and offers zodiac compatibility charts. Future plans include broadening its reach and introducing an AI dating coach to provide personalized dating advice.
by Aisha Malik
See full article at Tech Crunch
This post also appears on InternetDatingInvestments.com
Tinder’s New Warnings Inform Users When They’re Potentially Being Inappropriate
TECH CRUNCH – Tinder is introducing warnings for users aged 18-25 to promote respectful behavior, focusing on authenticity, respectfulness, and inclusiveness. These warnings, part of Tinder's safety initiatives, alert users about guideline violations and offer a chance for correction, with repeated offenses risking profile removal.
Match Group Hasn’t Yet Decided if It Will Opt Into Apple’s New DMA Rules
TECH CRUNCH – Match Group is undecided about adopting Apple's new Digital Markets Act (DMA) rules in the EU, which allow for alternative app stores and third-party payments. During their Q4 2023 earnings call, CEO Gary Swidler expressed uncertainty about how the new regulations would affect their business, similar to concerns raised by Spotify and Microsoft. Apple's compliance with the DMA involves a new commission structure, including a "Core Technology Fee" for those opting in. Critics argue that these rules may not offer the expected benefits in an open app market. However, the European Commission has yet to accept Apple's proposal, leaving room for changes.
Match Group Promotes Faye Iosotaluno to Tinder CEO
TECH CRUNCH – Match Group has named Faye Iosotaluno as the new Tinder CEO, two years after the previous CEO Renate Nyborg left the company in August 2022. During that time, Match Group CEO Bernard Kim held the position. Iosotaluno has been working at the Match Group since 2017. She was promoted from the company’s chief strategy officer position to Tinder’s chief operating officer in 2022 when Nyborg departed. Nyborg is now building an AI companion startup backed by Sequoia and Andrew Ng’s AI Fund.
Tinder Redesigns Profile Pages With Prompts, Info Tags and Quiz
